Author: Om Financials
-
Home >
Interest-Only vs Principal & Interest: Which Suits Your Investment Plan?
Understanding the nuances of home loan structures has become increasingly important in 2025, especially as property markets fluctuate along with investor strategies evolving. At the heart of this decision lies the comparison between interest-only (IO) and principal & interest (P&I) repayments—each offering a unique financial path. Choosing between an IO and a P&I loan isn’t […]
continue reading
Buyers Stay Alert as RBA Holds Rates and Supply Stays Tight
The Reserve Bank of Australia has decided to hold the cash rate steady, and that news has plenty of buyers paying close attention. Although inflation is coming down and the overall economy is growing only slowly, the bank felt it was wiser to wait rather than cut the rate right now. For anyone looking to […]
continue reading
How Shifting Interest Rates Are Changing What You Can Afford
How Shifting Interest Rates Are Changing What You Can Afford Australians face a distinct borrowing environment in 2025 relative to a few years back. Interest rates have increased, and while they have come down from peak levels, they continue to remain elevated enough to affect purchasing power and borrowing capacity. In this new ecosystem, whether […]
continue reading
Super, Wages and Power Bills to Rise on July 1: What Every Australian Needs to Know
Australians are starting a new financial year on Tuesday with a suite of changes that will affect their income, savings and costs. From amendments to superannuation and minimum wages to increased electricity bills, July 1 sees the pushing of a raft of crucial changes that will impact workers, employers and families across the nation. While […]
continue reading
Property Prices Soar Again as Australia’s Total Home Value Passes $11 Trillion
Statistics from the Australian Bureau of Statistics (ABS) indicate that the housing sector remains surprisingly robust. Despite the usual economic headwinds, the numbers keep favouring real estate. In the March quarter of 2025, the cumulative valuation of all residential buildings hit $11,366.4 billion, an uptick of $130.7 billion in three months. Observers note that such […]
continue reading
Why it’s Crucial for Reviewing Your Loan Structure after rate cut
The Reserve Bank of Australia has reduced the cash rate, and for numerous Australian households, it might sound like good news. Reduced rates mean lower-cost loans, right? While an easing monetary policy aims to stimulate economic activity and ease the burden on borrowers, it does not always translate into lower repayments or long-term savings. If […]
continue reading
Government’s Guarantee Scheme Saves First-Home Buyers Billions, Raises Questions Over LMI
Australia’s Home Guarantee Scheme has reshaped entry to homeownership for first-time purchasers, freeing them of more than $3.5 billion in lender’s mortgage insurance outlays since the program began. Although the scheme has cost the federal budget less than $100,000, it has assisted roughly 140,000 households by letting buyers enter the market with a 5 % […]
continue reading
What a Mortgage Broker Looks At Beyond Just Your Interest Rate
The interest rate is often the first thing Australians are drawn to when they begin shopping around for a home loan. It’s instinctive — when rates go down, monthly payments typically decrease, and that should be a win for any borrower. However, the interest rate is just one part of the puzzle you need to […]
continue reading
Smart Adjustments of Loans To Help Lessen Repayment Stress
Is your mortgage feeling like a burden that is preventing you from achieving your financial goals? You aren’t the only one. Many Australian households are dealing with the same problems. With soaring interest rates, stagnant wages, and rising cost of living, the repayment stress for many people may feel overwhelming. However, facing repayment stress does […]
continue readingFOMO, Faster Sales, and Rate Cut Buzz: What Every Buyer Needs to Know in 2025
Properties are selling at a faster pace than ever within the metropolitan regions of Australia. New data suggests that properties are being sold at a record number of days less than the average throughout almost every capital city, excluding Perth and Canberra. For example, Sydney's average days on the market have dropped from 66 in […]
continue reading