What Happens When Your Mortgage Repayment Deferral Ends?

Jul 14, 2020 1:57:13 PM

Thousands of Australian mortgage holders took up the offer of a mortgage repayment deferral when the COVID-19 pandemic hit in March 2020. Since then, banks have deferred approx. 780,000 Home Loans, totaling a massive $236Bn. The big question now is what happens to those mortgages when the six-month deferral was meant to run out in September this year?


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Topics: Financial Health, Refinancing, COVID-19

Directly Impacted by COVID-19? Here’s What to do…

Apr 15, 2020 5:40:23 AM

The world is reeling from the impact of Covid-19: Not only can it make us sick, it can threaten our very livelihood too. Already, there are Australians concerned about meeting their financial commitments, dealing with a drop in income as work hours reduce or facing total job loss. If you have been impacted by these events due to the current crisis, there are options that can help.


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Topics: Debt Consolidation, Financial Health, Refinancing, COVID-19

3 Tips for Buying Your First Home

Mar 12, 2020 9:35:00 AM

Buying a home is for many Australians a rite of passage and a significant milestone. But it can also be an overwhelming process and incredibly challenging if you don’t know where to start. So that you can navigate the home buying process from start to finish, and make informed decisions along the way, we’ve compiled 3 useful tips for first home buyers.


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Topics: Mortgage Broker, First Home Buyer, Refinancing, Buying and Selling Property

Is Your Lender Charging You Loyalty Tax?

Mar 5, 2020 8:02:38 AM

Your “set and forget” mindset could be costing you. As much as 4%, say the experts. That’s the amount of extra interest some homeowners are paying each year in “Loyalty Tax”. If you haven’t reviewed your mortgage recently, you could be doing the same. Read on to find out why it’s imperative you review your mortgage regularly and avoid paying “Loyalty Tax”.


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Topics: Financial Health, Refinancing, Home Loan Rates, Home Loans

3 Practical Tips For Getting Your Finances Back on Track

Feb 14, 2020 11:36:42 AM

A staggering 7.2 million Australians are said to be starting the New Year with a Christmas debt hangover. What’s more, according to research, one in four Aussies could take up until May to pay back their Christmas debt! If your big Christmas blow-out hit hard in January, it’s time to get your finances back on track starting right now. Here’s how to do that:


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Topics: Mortgage Broker, Financial Health, Refinancing

Curing Your Christmas Debt Hangover

Feb 4, 2020 12:15:00 PM

While you won’t find this expression in a mainstream dictionary, it’s a feeling that’s all too real for anyone who’s overspent at Christmas. A Christmas Debt Hangover usually kicks in around the middle of January when the credit card bills start rolling in. Symptoms include stress, trouble sleeping and an aversion to checking the mailbox! Here’s how to cure it.


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Topics: Debt Consolidation, Mortgage Broker, Financial Health, Refinancing

Refinancing in a Divorce or Separation

Jan 16, 2020 7:43:00 AM

Divorce or separation is an emotional time, made even more stressful at the thought of divvying up the property and other assets. In Australia, there are around 50,000 divorces each year and many people are unsure what to do with the family home or investment properties in this situation. If you’ve recently divorced or separated, it may be time to look at your options.


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Topics: Mortgage Broker, Financial Health, Refinancing, Buying and Selling Property

When to Refinance Your Mortgage

Dec 9, 2019 6:00:00 AM

Refinancing your mortgage could help you secure better interest rates, reduce the term of your loan, and even strengthen your overall financial position. Deciding when to refinance depends on several factors and there are many instances where property owners refinance for reasons other than just the interest rate. Take a look at when you could consider refinancing your mortgage.


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Topics: Financial Health, Refinancing, Home Loans

Home Loans With Reward Schemes

Nov 16, 2019 10:09:00 AM

Does earning reward points or frequent flyer miles while you pay off your mortgage sound too good to be true? It’s not as crazy as it sounds: in a bid to snag more business, some home loan lenders offer borrowers the chance to earn reward points or frequent flyer miles on their home loan balance. Read on to find out more about home loans with reward schemes.


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Topics: Refinancing, Home Loan Rates, Buying and Selling Property

What to do if Your Fixed Rate Loan Term is Nearing Its End

Nov 14, 2019 6:15:00 AM

If your fixed rate loan term is nearing its end, there’s never been a better time to review your mortgage. With interest rates at historic lows, you’ll need to decide whether to roll again for another fixed term or take advantage of cheaper variable rates and pay down some serious debt. Be aware though, if you do nothing, lenders may simply put you onto their most expensive variable rates, so it’s vital you take some action. Here are your options:


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Topics: Refinancing, Home Loan Rates, Buying and Selling Property