The comparison rate is an essential factor that applicants must take into account when browsing for a home loan, as it can provide them with an accurate understanding of the actual cost of the loan. However, what is the precise definition of the comparison rate and how does it differ from the advertised rate? What …
Ubank’s research shows that despite challenges, young Australians remain hopeful about owning a home. Over half aim to buy within five years. However, high prices, saving difficulties, and rising interest rates pose major obstacles. Updates for today. Millennials and Gen Z in Australia Aim for Home Ownership • Ubank’s research shows that despite challenges, …
Millennials and Gen Z Still Dreaming of Homeownership Read More »
There are many reasons a homeowner might want to refinance their mortgage, such as to get a better interest rate or get loan benefits they don’t have now. It could be because their situation has changed and they think a different loan would be better for them now. But if you’re looking around the market …
How a Mortgage Broker Simplifies Home Loan Refinancing? Read More »
Inflation has eased by 0.3 percentage points compared to June levels of 3.8%, this has stoked speculations for cash rate cuts by RBA sooner amongst mortgage holders, however, economists feel otherwise. Interestingly, deep diving into statistics revealed that while the costs of financial services and education remained unchanged from their June Levels, inflation in F&B …
Latest ABS Data reveals – CPI levels decreased for July to 3.5% Read More »
If you’ve been saving money for a while and think you’re ready to buy your first property, here are some important things you should know to make a smart choice. Keep in mind that property prices can change a lot and without notice. This means that even though the value of your home might go …
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