Short-term fixed mortgage rates have started to increase in anticipation of a June increase in the official cash rate, which now looks almost certain.
As expected the official cash rate (OCR) remained unchanged today. Better still, Big Al (the "Gov") left the door open to not start pushing rates up until later in the year.
Does it make sense to keep renting, or are you in a position to buy? Buying your first home will almost always make better sense than renting.
When you first eyeball your mortgage it can seem scary. You’re borrowing a hell of a lot of money and the realisation dawns that it might take 25 years to pay off.
I share my view on stretching yourself into a big mortgage. Worth it or not?
If buying a property is one of your goals in 2010 then an obvious first step is to get a mortgage pre-approval in place or figure out what you need to get one done.
If you are starting a family or have a young family then the mortgage is quite probably your biggest financial challenge, especially if you are reduced to one income.
Relationship splits make up a surprisingly large part of what we do.
The rules have changed. Today, income is a major factor in bank lending criteria.
Have you bought a property but you don’t have the deposit available?
Too many homeowners are preoccupied with mortgage rates when they should be focused on repaying their debt as fast as possible.
There is no shortage of people with opinions on the property market! When it comes to buying your first home and getting your first mortgage when is the "right" time?