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 lower interest rate?” There’s no straightforward answer to this one as it usually depends on a myriad of factors, including whether lenders see you as high risk or low risk, the competition in the market at the time and, as we’ll discuss today, how big

What exactly can a mortgage broker do for you? Well, we don’t mean to toot our own horn, but we can make your home loan journey a whole lot easier, letting you focus on the fun part: planning for your new home! 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 the code: turning

Thought of a New Year’s resolution yet? Or perhaps you’ve broken one already? Either way, check out our list of possible mortgage goals for 2024 – try one, or have a go at them all – to save a bundle in the year ahead. It’s that time of year when Aussies love to set resolutions. According to Commonwealth Bank research, as we dive into 2024, three out of four Australians will make at least one financial resolution, often involving plans to follow a budget or spend less. But when it comes to New Year goals, it’s worth shining a spotlight on

The year has flown past, and as our thoughts turn to trees, tinsel and turkey, we’d like to thank all our fantastic clients for your support throughout 2023. It’s been quite a year, with higher interest rates, soaring national property values (who’d have thought?) and a few welcome surprises including more help for first-home buyers. There is plenty in store for 2024, and we look forward to partnering with you again to help you navigate whatever goals you have planned in the new year. In the meantime, we hope you can take the time to relax, unwind and enjoy all

Home owners have been battling rising interest rates for over a year and a half now. But a new report reveals the important step some savvy borrowers are taking to rein in higher rates and swap “oh no!” for “ho, ho, ho!”. It’s no secret that refinancing has the potential to slice a big chunk off your monthly loan repayments. And according to Canstar, 1 in 10 mortgage holders chased a better deal in 2023 and switched to a new lender to save on their repayments. But what’s surprising to us is that 9 in 10 didn’t. So what’s holding them

If buying a home is at the top of your wish list for 2024, don’t miss our rundown on how the property market has fared in 2023 – and why the new year is shaping up as potentially another big year for real estate. As we turn the page on 2023, let’s take a quick rear mirror look on how home values moved over the past 12 months. In a year that saw five official rate hikes, and a cost of living squeeze thanks to high inflation, home prices still jumped by 7% nationally. Several cities eclipsed those gains, with double-digit price