More Aussies turn to mortgage brokers for a hand managing hikes
Posted By GV Finance Brokers,
17/08/2023 10:20 AM
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 out...
Sneaky rate hikes – is your lender behind them?
Posted By GV Finance Brokers,
10/08/2023 10:24 AM
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 back. Home...
Has the tide turned? What the RBA rate pause means for homeowners
Posted By GV Finance Brokers,
03/08/2023 11:07 AM
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 calmer waters? Or is there one last...
Why are fixed rates still rising? And when might they drop again?
Posted By GV Finance,
27/07/2023 10:10 AM
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 unpack what it means for the rate...
Mortgage holders breathe a sigh of relief as RBA puts cash rate on hold
Posted By GV Finance Brokers,
04/07/2023 16:32 PM
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? The decision to keep the official cash rate...
Breaking out of mortgage prison: can easing serviceability buffers help?
Posted By GV Finance Brokers,
29/06/2023 10:01 AM
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 banks...
Homebuying intentions climb as Aussies untie themselves from rental crunch
Posted By GV Finance Brokers,
22/06/2023 10:04 AM
Despite the soaring cost of living and successive interest rate hikes, homebuying intentions have climbed, latest data shows. So why are so many people still chasing the great Australian dream? And...
Mortgage serviceability: how to jump through the hoops
Posted By GV Finance Brokers,
15/06/2023 10:07 AM
Mortgage serviceability can feel like a frustrating hurdle to clear. But it’s an important safeguard against borrowing too much, particularly in the current interest rate...
RBA attempts to beat back inflation with another rate hike, up to 4.10%
Posted By GV Finance Brokers,
06/06/2023 16:39 PM
Drumroll … The RBA has hiked the official cash rate for the 12th time since April 2022, increasing it to 4.10%. How much will this increase your monthly repayments? And how long does Philip Low...
Why more Aussies are turning their backs on the McMansion
Posted By GV Finance Brokers,
01/06/2023 10:25 AM
Australians are increasingly “thinking small” when it comes to buying a home and cracking the property market. And with perks like affordability, more desirable locations, and lower...