Home Buyers Celebrate! A surge in property listings hit the market

Exciting news for home buyers! Following a long period of limited property listings, there's been a big surge in the number of homes entering the market. How might this influence the real estate landscape? Let's delve into the details.

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Is extending your home loan term the right choice?

If the November rate hike is putting a strain on your finances, considering an extension of your loan term could be a viable solution. This approach may alleviate the immediate financial burden by reducing monthly repayments. However, it's essential to be mindful of the potential drawbacks that come with extending the mortgage term. Here's a closer look at what factors to consider.

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Mortgage brokers settle a record 7 in 10 new home loans

Mortgage brokers have achieved an impressive milestone, assisting in the settlement of seven out of every ten new home loans. This achievement underscores the pivotal role mortgage brokers play in helping Australians fulfill their dreams of owning a home. It's a testament to their effectiveness in facilitating the transition to the home of your dreams.

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The Primary Driver Behind Rising Home Prices

Property prices have witnessed a remarkable surge of nearly 7% within this year alone. With the continued upswing anticipated, let's delve into the factors that are propelling national housing values to new heights and why it might be advantageous to consider entering the market sooner.

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And exhale – Mortgage Borrowers relieved as the RBA keeps rates on hold this month

Thank goodness. The Reserve Bank of Australia (RBA) has decided to put the official cash rate on hold at this month's meeting. So does this finally mark the end the rate hike cycle or are there more to come?

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RBA attempts to beat back inflation with another rate hike, up to 4.10%

Drumroll … The RBA has hiked the official cash rate for the 12th time since April 2022, increasing it to 4.10%. How much will this increase your monthly repayments? And how long does Philip Lowe plan to keep marching to this beat?

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