Buy Now, Sell Later: Why More Homeowners Are Turning to Bridging Finance Finding your next home is exciting, but coordinating the purchase with the sale of your current property can be challenging. Bridging finance is one option some homeowners consider when they want to buy before selling. What the latest news tells us Broker Daily […]
continue readingNAB Expects House Prices to Keep Falling Into 2027 Australian home values have now dropped for six months in a row. NAB doesn’t think the slide is over yet. In its latest Housing Monitor, the bank lowered its forecast again. Clarify that 11% is the forecast peak-to-trough decline, not the fall expected in 2026 alone […]
continue readingHome Values Fall for a Sixth Month: What It Means for Your Home Loan If you’ve been watching the property market lately, you’ll know the mood has shifted. Cotality’s latest Home Value Index shows national home values fell 1.1% in September. That’s the sixth monthly fall in a row, and values now sit 5.2% below […]
continue readingRBA Lifts the Cash Rate to 4.60%: What It Means For Your Home Loan Just when borrowers were hoping for a bit of breathing room, the Reserve Bank has delivered another rate rise. The Board lifted the cash rate by 25 basis points to 4.60%, its third increase this year. RBA Governor Michele Bullock had […]
continue readingOffset Account vs Redraw: Which Home Loan Feature Does What? Many borrowers compare an offset account vs redraw because both can help reduce home-loan interest, but they work differently. A home loan offset account keeps savings in a separate transaction account linked to the loan, while a mortgage redraw facility gives access to eligible extra […]
continue readingHome Loans in Riverstone New Estates Looking for home loans Riverstone? OM Financials helps home buyers and property investors explore suitable home loan options based on their financial situation, deposit and property goals. Five years ago, Riverstone was a name most Sydney buyers associated with the fringes. Today, it’s a master-planned growth corridor with new […]
continue readingHSBC Predicts a 13% Price Fall, But Will Homes Actually Get Easier to Buy? HSBC has just dropped a big number into the property conversation. The bank now expects national home prices to fall as much as 13% by mid-2027, up from its earlier call of 8%. If that plays out, it would be the […]
continue readingBefore You Upgrade Your Home: Why Equity Is Only One Part of the Finance Decision Home upgrade finance is not just about how much equity you have in your current property. You may have owned your home for several years, prices may have moved in your favour, and the rough calculation may suggest there is […]
continue readingGDP Grows 0.4% — Why Your Repayments Aren’t Getting Cheaper Yet The economy is still growing, and the latest numbers give us a clearer picture of what that means for your repayments and borrowing power. New figures from the Australian Bureau of Statistics show the economy grew 0.4 per cent in the June quarter, taking […]
continue readingYour Bank Statements Can Affect Your Home Loan Approval More Than You Think When borrowers think about what affects a home loan application Australia, they think about income and credit score. Both matter. But bank statements can also play an important role. Depending on the lender and application, they may be used to verify income, […]
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