Educate Me

Welcome to our March Newsletter

Autumn has arrived, and what better season to turn over a new leaf with an exciting new property purchase? At its latest meeting, the Reserve Bank of Australia (RBA) decided to keep the cash rate on hold. Economists are increasingly anticipating a rate cut later…

Is the refinance boom over?

In 2023, the cashback craze was on steroids. Lenders vying for refinancing business were offering sweeteners of $5,000 or more to borrowers who switched over their home loans. However, the wind forwards the clock to 2024 and the landscape is vastly different. Fewer and fewer…

Welcome to our February Newsletter

It’s been a great start to the year for homeowners, with the Reserve Bank of Australia (RBA) keeping the cash rate on hold. Inflation continues to ease, and the prospect of a cash rate cut by the RBA is looking more and more likely later…

Refinancing a home loan: the process explained

When you’re busy with life, refinancing can seem like a hassle. However, with a mortgage broker to guide you through the process, it doesn’t have to be!  Refinancing may allow you to switch to a more competitive home loan, thereby potentially saving you money in…

Welcome to our January Newsletter

It’s a new year; and new year calls for new goals! Do you have property goals in 2024?  As some of us return to work and others enjoy the last few sun-soaked weeks of holidays, the property market remains quiet as many vendors hold off…

2023 in review, what to expect from 2024

It’s hard to believe that it’s almost the end of the year, and what a year it’s been in the property world! Let’s take a look at some of the highs and lows of 2023, and what we can expect to see in 2024. Looking…

Welcome to our December Newsletter

It’s hard to believe it’s already December, and what a year it’s been in the property world. After falling -7.5% from a peak in April 2022 to a trough in January 2023, property prices have bounced 8.3% higher over the past 10 months, demonstrating a clear recovery….

Welcome to our November Newsletter

This month the Reserve Bank of Australia (RBA) decided to increase the cash rate. The decision is expected to take some of the heat out of the housing market rebound. Meanwhile, property prices continued to climb in most capital cities in recent weeks. If you’re planning…

When are interest rates expected to drop?

From May 2022, the Reserve Bank of Australia (RBA) began one of the most aggressive monetary tightening periods in Australian history as it tried to curb soaring inflation. But with several months of cash rate pauses by the RBA, many believe the tide may have…

Welcome to our October Newsletter

What an interesting spring selling season it’s shaping up to be. This month, RBA governor Michele Bullock kept the cash rate on hold while taking the helm for the first time. Meanwhile, the demand/supply imbalance continues to push property values higher in many markets. If you’re looking…

Navigating the risks of rate rises

2023 has been an historic year for the Reserve Bank of Australia’s (RBA) in raising the cash rate to an 11-year high in an effort to battle inflation. The cash rate was only 0.1 per cent in early May last year, and it has been…

Welcome to our September Newsletter

Spring has arrived and it’s an exciting time for both aspiring property owners looking to get into the market and vendors eager to make a sale. The real estate market traditionally ramps up at this time of year and we are already seeing auction activity…

How much does it cost to refinance?

With so much movement on interest rates lately and roughly half of all fixed-rate loans expiring this year, refinancing is on many people’s radars. It’s no wonder. Some of those facing their fixed rate expiry are bracing for a 63 per cent increase in their monthly mortgage repayments. If…

Welcome to our August Newsletter

Spring is just around the corner and that means the busiest period for the real estate industry is almost here. So, what’s been happening in the property world of late? The Reserve Bank of Australia (RBA) left the cash rate on hold again this month…

Refinancing made simple

Are you considering refinancing? You’re not alone. According to the Australian Bureau of Statistics, the value of external refinancing in May 2023 in seasonally adjusted terms rose 8.1% to $21.0b and was 22.4% higher compared to a year ago. Indeed, the series of cash rate hikes…