Educate Me

Should you refinance now?

With millions of Australian homeowners likely to be slugged with higher mortgage repayments due to the cash rate hikes, there’s one question on everyone’s lips.  Is now a good time to refinance?  While it depends largely on your individual situation and goals, there are mounting…

How redraw facilities and offset accounts can save you money

Redraw facilities and offset accounts work in a similar way – they both effectively allow you to reduce the balance of your home loan, which reduces the amount of interest you pay. So, how do you know which is right for you, or whether you…

How to compare home loans and features

Which home loan is right for you? How can you tell when there are so many different lenders, loan types and features available? It can be confusing, particularly if you are a first-time buyer. Fortunately, we’re here to help explain things, so let’s dive in….

When to leave your lender

When it comes to your home loan, making sure you’re getting the most competitive deal is important. Even a small difference in your interest rate can mean thousands of dollars over the long run. That’s why it’s imperative to ask us to regularly review your…

APRA Serviceability Test

Recent changes to how lenders have to assess borrowing capacity for home loans will make it harder for some to borrow what they want. We’ve broken down what the changes are and what they could mean for you. What’s changed?On 6 October the Australian Prudential…

How to style your property to sell it fast

Creating a spark with prospective buyers could not only help you to achieve a quick sale, it could also help you secure a better price. And if you can attract multiple suitors, it may even start a bidding war at auction that really benefits your…

How to make moving simple

Whether you’ve opted for a sea change, a tree change or something in between, moving house and discovering a new neighbourhood is an exhilarating time. Here’s how to make your packing and moving experience as smooth and seamless as possible, so you can hit the…

Plant some memories with your little ones this winter

Have you ever put your discarded green onion ends into a cup of water? The roots grow, the green stalk returns, and soon enough the plant will shoot up and you’ll have a whole new green onion to use again— for free. This is just…

Here’s how your credit cards can impact your mortgage application

There are 13 million credit cards in circulation in Australia with an average balance of $2,899 per card, according to research from Finder.com.au. Nearly 70% of Australians have a credit card, but how many know how credit cards can affect your loan eligibility? Why banks review…

Government incentives to help you achieve your home ownership goals

Aspiring to become a homeowner is one thing, actually planning how you’re going to pull it off is another, especially in Australia’s record-hot property market. Fortunately, there are some new government initiatives to help you achieve your home ownership goals— possibly sooner than expected. 1. First Home…

Exit costs when refinancing

Refinancing can be a great way to save money if you believe you are paying too much for your loan, but there is more to it than just finding a loan with a lower interest rate and making the change. Before making the switch, we…

How to pay off your home loan faster

Your home is probably the biggest purchase you will make in your life- it can feel like a 30-year long marathon. There are some simple ways to cut years off your mortgage, which we share in this article so you could become mortgage-fee sooner than…

How to say ‘I love you’ to your home

2021 is in full swing, so it could be time to start thinking about how to show your home the love it deserves. And what better time than the month of Valentine’s? We’ve compiled a list of ways to show your house some love by…

What do you know about your credit report?

Ever had someone ask you for $50 and promise to pay you back within a week? And if they didn’t, would you be inclined to lend them $50 again? Well, that’s how a lender looks at you, the borrower. It’s why most lenders take your…