Will the RBA deliver another interest rate cut? For homeowners, property investors, and first-home buyers, this decision isn’t just about headlines, it directly impacts mortgage repayments, property affordability, and purchasing power.
Before jumping into the application process, it’s vital to familiarise yourself with some of the key features and options available within the Australian market.
The RBA has cut the official cash rate to 4.10%.
Market confidence is strong, with a 93% chance of a 0.25% rate cut on February 18, 2025.
Will we see a rate cut when the RBA meets in February for the first time in 2025?
Fixed-rate home loans offer security and predictability, but they aren’t always the right choice for everyone or every economic climate.
Without a partner to split the bills or share the burden of a mortgage, single homebuyers will need to shoulder 100% of the costs involved in both securing and maintaining a property.
Loan pre-approval, sometimes called conditional approval, is a formal indication from a lender that they’re likely to approve your home loan (up to a specific amount) based on certain conditions.
To calculate your loan serviceability, you can add up your income, subtract your expenses and debts, and then add your proposed monthly mortgage payment.
