How much do you need to borrow to buy a typical Australian home these days? Well, the average loan size has increased dramatically over the past year – up almost $100,000.
What was Australia’s top-selling vehicle in 2021?
Some of us buy cars for work, others for play. So it’s no surprise that the top two cars in 2021 can do both. But which vehicle took the crown? Well, it was super close, so let’s have a look.
Homeowners nearly four years ahead on their mortgage repayments
Australian homeowners are loading up their offset accounts in record amounts, so much so that the average household is almost four years ahead on their mortgage payments.
2022 forecast: places where housing prices aren’t slowing down
National housing values grew 22.1% in 2021, and there are two capital cities and one region in particular that are not ready to slow down just yet. Can you guess where?
Why do banks need Safe Borrowers?
Just like everyone has a personal credit rating, all banks and lending institutions have a credit rating too. That credit rating is very important when they obtain funding for the money they lend as a home loan. If the bank has a low (poor) credit rating, they pay a higher… Read more
Three (financial) New Year’s resolution ideas
Cut calories, increase your steps, abstain from alcohol: each year we set ourselves some pretty lofty New Year’s resolutions, most of which are doomed to fail. So why not add a nice straightforward financial goal to the list this year?
Season’s greetings! Here’s to a prosperous 2022!
To all our terrific clients: thank you for your ongoing support and for being such wonderful, loyal clients. We hope you’re shifting into holiday mode and getting ready to relax and unwind (or looking forward to a few public holidays at least!).
Up to 4,600 first home buyer guarantees back up for grabs
Want to buy your first home with a deposit of just 5% and pay no lenders’ mortgage insurance? You could be in luck – the federal government will soon reissue up to 4,651 unused Home Guarantee Scheme spots.