Inflation and Your Interest Rates

Inflation and Your Interest Rates

Inflation and Your Interest Rates If you saw our previous article about common finance terms and have been watching the news, you may have a few questions, like how exactly do we work out inflation? What does all of this mean for my interest rates? What can I do about...
Commonly Used Finance Terms

Commonly Used Finance Terms

Commonly Used Finance Terms Because financial terms can be unclear, and sometimes misleading, it’s hard to know what will and won’t affect your own situation. When you’re reading news articles about Australia’s changing interest rates or what the banks are doing, a...
What is a Hike?

What is a Hike?

What is a Hike? You’ve more than likely heard the word “hike” used often; a hike in interest rates, wages, or a hike in inflation. The word “hike” spikes anxiety, concern, or fear for the future. It can give us a strong, negative reaction to a subject we previously...
How Will the Rising Cash Rate Impact Your Mortgage?

How Will the Rising Cash Rate Impact Your Mortgage?

How Will the Rising Cash Rate Impact Your Mortgage? With the Reserve Bank of Australia increasing the cash rate by 25 basis points, the first increase in over 11 years, banks will likely increase variable home loan interest rates to match. Many Australians will find...
How do lenders assess applications?

How do lenders assess applications?

How do lenders assess applications? Brokers can help connect you to the lender best fit to serve your mortgage needs by shopping around on your behalf.   Five qualities In order to decide whether or not to provide you with a loan, lenders will generally assess...