Category: Blog

It is said that the best investment on earth, is earth – and that landlords grow rich in their sleep! So, with property prices falling and interest rates rising, you may be wondering if now’s a good time to buy an investment property? Ray White chief economist, Nerida Conisbee, shares the following six questions to… Continue reading Six questions to ask before investing in property

“Home isn’t a place, it’s a feeling.” ~ Anon Sadly, as interest rates continue to soar and house prices fall, Lendi recently revealed that one in 10 Australian homeowners face being locked into a ‘mortgage prison.’ Not a great place to be in, nor a great feeling to have. An estimated 10 to 15 percent… Continue reading Mortgage Prison

Federal Budget 2022 – how it could impact the housing market Without a doubt, the last couple of years have been turbulent in the property market. From a boom to stagnation and even a slight dip in prices in some areas, and record-low interest rates, to seven jumps in the cash rate in a row.… Continue reading Federal Budget 2022 – how it could impact the housing market

The Reserve Bank of Australia (RBA) has continued its trend of increasing the cash rate, moving it three months in a row, from 0.85 percent to 1.35 percent. According to our data, all lenders in our panel increased variable interest rates on home loans in line with the cash rate increase last month. This means… Continue reading Upward cash rate trend: What can you do if your repayments are too high?

Earlier this week (Tuesday 7 June) the Reserve Bank of Australia (RBA) raised the official cash rate for the second month in a row, from 0.35 to 0.85 percent. Last month the bank increased the cash rate from the historic low of 0.1 percent, where it had remained since November 2020. Since last month’s cash rate increase,… Continue reading RBA increases cash rate again… What does this mean for homeowners?

Following its March 2022 meeting, the U.S. Federal Reserve (Fed) announced an increase in policy rate by 25 basis points to 0.50 percent. In line with market expectations, it is the first increase in borrowing cost since 2018. Fund managers and economists believe Australia could follow suit soon. The Fed’s move comes as inflation rages… Continue reading Will the Reserve Bank of Australia Raise Rates?

Did you know? South East Queensland recorded a population growth rate of 1.6 percent in the 12 months to 30 June 2020, above the national average. The Australian Bureau of Statistics projects that there will be an additional 1.58 million residents between 2020 and 2041 to reach 5.35 million. This equates to 79,000 new residents,… Continue reading South East Queensland Boom

Interest rates could begin to rise in the coming months after inflation in the December quarter exceeded expectations. The Reserve Bank of Australia (RBA) has been forced to rethink its economic stimulus after the Consumer Price Index (CPI) rose by 1.3 percent in December, up from a 0.8 percent rise in the previous quarter. Consumer… Continue reading Rate Rises on the Horizon

The Australian Prudential Regulation Authority (APRA) recently increased the minimum interest rate buffer on home loan applications, from 2.5 to 3 percentage points. Residential real estate values have jumped 20.3 percent in last 12 months, and the restrictive move has arisen amidst concerns over the number of buyers borrowing over six-times their pre-tax income. APRA chairman Wayne… Continue reading New Home Loan Rules Make Borrowing Tougher