What impacts your borrowing power?
When interest rates are high, borrowing power is substantially impacted – this is of course out of your control, so what is in your...
How does equity work?
Equity, is literally that part of the property that you own, ie: · If your home is worth $1,000,000 and you owe $650,000 then your...
Radio 3AW and Brett Sutton talk HECS Debt (not that Brett Sutton, our Brett)
Brett was asked to speak to Victorian radio station 3AW about impending increases to HECS debt - government backed student loans - and...
What is interest by any other name... try indexing and it is hitting student debts hard this year.
Brett was asked to give an overview on how Hecs, help and other study debts are impacted by the current inflation rates - and also what...
A quick (fun) look at how an offset account works!!
From our sister website homeloancomparison.com.au You've probably heard of an offset account - you may even have one - but do you...
Mortgage Prisoners
An ominous heading... and a serious topic. Mortgage prisoners is a term coined to reflect borrowers who are paying a higher than...
Pre-approvals in a rising interest rate market.
The current lending market is a moving feast, and very challenging to keep up with – especially when you’re actively looking for your new...
Your data and security
As mortgage brokers we are privileged with your trust, and this includes obviously providing us with significant amounts of your personal...
DTI - the ratio of your debt to your income - and why it can change the home you're buying
APRA - the regulatory body for banks and lending - have mandated some controls for lenders to assess your lending capacity, and one that...
Another reason to can your Buy Now Pay Later accounts... if you ever needed one...
We've recently written about the impact of Buy Now Pay Later (BNPL) accounts on your lending prospects, recently APRA have mandated that...
