Latest Blog

What you need to know about having an offset account

15 August 2023

Among the strategies to pay off your home loan faster and save money long term, a mortgage offset account is one of the more attractive options. An offset account is another bank account which, rather than earn interest on any savings, reduces the amount of interest on your monthly loan

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What is mortgage stress and how can you manage it?

8 August 2023

With the double whammy of rising cost of living pressures and the Reserve Bank significantly lifting official interest rates to combat inflation, many thousands of homeowners are struggling to make their monthly or fortnightly mortgage repayments. A broker can help to ease the pain and anxiety of mortgage stress with

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Serviceability buffer and what does it mean?

1 August 2023

In these times of greater cost of living pressures coupled with higher interest rates, those looking to obtain housing finance or refinance their existing loan can face a stricter test from lenders to secure that mortgage. Lenders are required to examine a borrower’s ability to repay a loan at a

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New Era for the Reserve Bank

25 July 2023

Changes are afoot at the Reserve Bank of Australia (RBA) with the federal government appointing Michele Bullock as the RBA’s first  female Governor. The current RBA Deputy Governor has been tasked with implementing a raft of changes to the central bank’s operations which will be important to all brokers. She

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