Insights
Home Loans
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What This Week’s Jobs Data Means for Your Next Rate Call
Read more →: What This Week’s Jobs Data Means for Your Next Rate CallUnemployment held steady this week. Here’s what that means for the RBA’s next call and whether to lock your rate now.
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The Real Cost of a 30-Year Mortgage vs a 25-Year Loan Term
Read more →: The Real Cost of a 30-Year Mortgage vs a 25-Year Loan TermA 30-year term looks cheaper monthly, but the real cost shows up in total interest paid.
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How Parental Leave Affects Your Home Loan Borrowing Power
Read more →: How Parental Leave Affects Your Home Loan Borrowing PowerLenders usually assess parental leave income, not your pre-leave salary. Here is what that means.
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How Lenders Assess Your Living Expenses for a Home Loan
Read more →: How Lenders Assess Your Living Expenses for a Home LoanWhy cutting your spending before applying doesn’t always raise what a lender will approve
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What Is a Split Home Loan and Who Should Consider Using One?
Read more →: What Is a Split Home Loan and Who Should Consider Using One?How a split loan works, and what actually decides the right fixed/variable ratio
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What Are Low-Doc Loans and Who Are They Actually For?
Read more →: What Are Low-Doc Loans and Who Are They Actually For?Low-doc lending explained, and why self-employed income isn’t the dead end it looks like
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Buyers Agent vs Mortgage Broker: What’s the Difference?
Read more →: Buyers Agent vs Mortgage Broker: What’s the Difference?A buyers agent finds and negotiates the purchase of a property. A mortgage broker finds and negotiates the loan behind it. They are not competing services and they are not…
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What Happens to Your Mortgage When Interest Rates Change?
Read more →: What Happens to Your Mortgage When Interest Rates Change?A single Reserve Bank of Australia cash rate decision can move your monthly repayment before you even receive a letter about it. On a $600,000 variable loan, each 0.25% change…
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What Your Credit Score Actually Affects When You Apply for a Home Loan
Read more →: What Your Credit Score Actually Affects When You Apply for a Home LoanYour credit score does not just determine whether a lender approves your home loan application. It influences which lenders will consider your file, the interest rate on offer at lenders…