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How your deposit size can shape the rate you pay

It’s commonly known that the bigger your deposit, the smaller your home loan, and thus, the lower your monthly repayments. But today we’ll look into another way your deposit size could reduce your repayments: by potentially reducing your interest rate. A question we’re commonly asked (believe it or not!) is “how can I get a...

The pros of having a mortgage broker on your side

The words “home loan application process” can strike fear in the hearts of many. Trawling through different loan products is a time drain. The bureaucratic tape can be a headache. And let’s not forget banks scrutinising your finances. But it doesn’t have to be a drag. The majority of home loan seekers have now cracked...

4 tips for self-employed home loan applications

Being your own boss sure has its advantages: the flexibility of setting your own hours, building your own business to represent your values, having someone else fetch you coffee… But when it comes to home loans, you may have more to prove than the average applicant. You see, lenders may view you as a little...

When will interest rates starting going down?

Since the release of encouraging November inflation data earlier this month, the market is abuzz with expectation that interest rate hikes are a thing of the past. In fact, the market liked the data so much – a drop from 4.9% inflation in Oct to 4.3% in November – that it has now priced in...

Don’t pass out if your home passes in

After a month or more of campaigning, seller anticipation and expectation come auction day can be through the roof (which is, coincidently, also where you’d like to see the sale price to go). But for a host of reasons, the hammer mightn’t hit—and while your house passing in might not be what you’d hoped for,...

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