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What should I do when my fixed rate expires?

If you’re currently playing the waiting game wondering what will happen when your fixed rate term ends, we understand what a stressful time it might be. Fixed rate borrowers have been temporarily shielded from the Reserve Bank’s cash rate increases, but for how long? It’s estimated that almost 40% of Aussies on low fixed rate […]

Property Market Update – August 2022

Another month, another cash rate rise. The Reserve Bank of Australia (RBA) increased the cash rate to a six-year high of 1.85% in August, prompting some lenders to increase their variable rates by 0.5%. Meanwhile, nationally home values are falling at the fastest pace since the 2008 Global Financial Crisis (GFC). CoreLogic Research Director, Tim […]

Lending and Property Update – March 2022

Housing finance in January hit a new high in January up 0.6% at $33.7 billion, excluding refinancing. This lending increase was mainly led by investors, up 6.1% in the month, despite government incentives from schemes such as the First Home Deposit Scheme releasing more places in the market. The Omicron wave has also failed to […]