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More Aussies turn to mortgage brokers for a hand managing hikes

An avalanche of rate hikes over the past 18 months has supersized home loan repayments. But savvy homeowners aren’t panicking. In fact, more mortgage holders than ever before are reaching...

Sneaky rate hikes – is your lender behind them?

The Reserve Bank (RBA) may have kept the cash rate on hold but that hasn’t stopped some lenders from hiking their variable home loan rates. Here’s how borrowers are fighting...

Has the tide turned? What the RBA rate pause means for homeowners

Mortgage holders rejoice – the Reserve Bank of Australia (RBA) kept the cash rate on hold in August for the second month in a row. So have we finally reached...

Why are fixed rates still rising? And when might they drop again?

With plenty of pundits tipping interest rates will start to fall in the next 12 months, we look at why the big banks are hiking their fixed rates – and...

Where homeowners are spending $1 billion a month

Australians are showering their homes with $1 billion worth of love each month as home improvement spending ramps up. We look at the cost of popular renovations – and how...

Finding Your First Home Requires Patience & Persistence

Buying a first home is a monumental milestone in anyone's life. It marks a significant step towards financial independence and stability. However, the process of finding the perfect home can...

Article by Scarlett Financial
Could apartment living help you dive into the property market sooner?

Buying a home for the first time can be challenging, especially with house prices soaring in recent years. So could switching from house hunting to unit searching be the way...

Mortgage holders breathe a sigh of relief as RBA puts cash rate on hold

Phew! The Reserve Bank of Australia (RBA) has today decided to put the official cash rate on hold. So is the end of this rate hike cycle finally in sight?...

Breaking out of mortgage prison: can easing serviceability buffers help?

Have you been keen to refinance but told you can’t? You’re not alone. Many Australian households are currently locked into their home loans due to rising interest rates. But some...

What Do We Expect from Global Central Banks for the rest of 2023?

Our financial planning team recently caught up with strategists from JP Morgan to discuss the outlook for the remainder of the year given the current economic climate. Key Points from...

Article by Scarlett Financial