Most often, LMI is paid as a lump sum at the start of the loan. Imagine a world where instead of paying a large sum upfront, you could spread your LMI payments over monthly instalments.
What if You Could Pay Your LMI Monthly?
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Trick or Treat? The Next RBA Rate Prediction
The RBA remained determined to take steps against inflation but they did not discuss rate hikes directly.
RBA Board Leaves Rates on Hold
The official cash rate is on hold at 4.35% for the seventh consecutive meeting.
“Resolute” RBA Keeps Rates on Hold
The official cash rate remains at 4.35%, where it has been since the RBA last increased rates in November 2023.
Crack the Code: Mortgage Terms Made Easy
Loan documentation can be overwhelming, so learning some basic concepts is important to get you started.
How do you find the “best” interest rate?
Many homebuyers ask their broker, “What is the lowest interest rate out there?”. While it’s a valid inquiry, it may not be the right question. Rather than focusing only on the interest rate, it’s also important to consider your financial circumstances.
The RBA Remains “Resolute” as Rates on Hold Again
The RBA has once again left interest rates on hold, with the cash rate sitting at 4.35%.
Interest Rate Forecast: What to Expect from the RBA’s June 2024 Meeting
Even if the average Australian has tightened their belts considerably there are still many out there with plenty to spend and the data is showing it.
Is Buying off Plan a Good Idea?
Buying off plan can be a great way to access a new property. What should we consider before jumping in?