by Mortgage Innovations | Jan 17, 2024 | Financial Advice, Industry Updates
Buckle up, because the 2024 mortgage market promises to be a thrilling ride. With interest rate predictions swinging from exhilarating “cuts on the horizon!” to stomach-churning “rates might stay put!”, it’s enough to leave anyone feeling...
by Mortgage Innovations | Dec 14, 2023 | Housing Market, Industry Updates
With a swirling mix of economic uncertainty and market predictions, the answer is more nuanced than ever. But fear not, for we come bearing insights as your mortgage broker! Market Forecasts: Growth, but with speed bumps: Experts predict national house price growth of...
by Mortgage Innovations | Nov 14, 2023 | Financial Advice, Home Loans, Industry Updates, Interest Rates
In a significant move, the Reserve Bank of Australia (RBA) has announced an increase in the nation’s cash rate by 25 basis points, bringing it to 4.35%. This first increase since June is set to impact many, particularly homeowners with variable rates or those with...
by Mortgage Innovations | Sep 12, 2023 | Financial Advice, Industry Updates
For devotees of the Buy Now Pay Later (BNPL) model, a significant shift is on the cards. The federal government has announced its intention to close the existing loophole that allows BNPL products to sidestep regulation as credit products. The BNPL model, which has...
by Mortgage Innovations | Aug 11, 2023 | Housing Market, Industry Updates
In the realm of mortgage lending, it’s fascinating to observe how different regions across Australia exhibit varying patterns of investment activity. Queensland, with its diverse landscapes and vibrant cities, presents a unique picture when it comes to mortgage...
by Mortgage Innovations | Jul 6, 2023 | Financial Advice, Industry Updates, Interest Rates
The Reserve Bank of Australia’s (RBA) decision to hold the official cash rate steady at 4.1% marks the second pause in monetary tightening for 2023. This decision reflects a balance of the central bank’s assessment of the country’s economic growth,...
