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,...
by Mortgage Innovations | Jun 8, 2023 | Financial Advice, Industry Updates, Interest Rates
This month, the Reserve Bank of Australia (RBA) chose to move the cash rate to 4.10%. With the cash rate increasing by 4 percentage points since the start of 2022. On top of that, many fixed-rate loans are due to expire in the second half of this year, which could...
by Mortgage Innovations | Jun 8, 2023 | EOFY, Financial Advice, Industry Updates
It’s that time of year again! As we approach the end of the financial year (EOFY), there’s a collective sense of urgency in the business world to tie up loose ends, review performance, and plan for the financial year ahead. This period can be daunting,...
by Mortgage Innovations | Mar 20, 2023 | Awards, Industry Updates
Attending industry award ceremonies is always a highlight for businesses and professionals, as it provides a chance to showcase their accomplishments and be recognized for their hard work. Recently, we had the pleasure of attending the Better Business Awards in...
by Mortgage Innovations | Mar 20, 2023 | First Home Buyer Loans, Home Loans, Housing Market, Industry Updates, Interest Rates, Loans
As mortgage brokers, our perspective on whether to buy or rent a property would depend on several factors, including your financial situation, goals, and personal circumstances. In capital cities, 6.3% of suburbs were cheaper to buy houses than rent. We also see a...
by Mortgage Innovations | Aug 31, 2022 | Housing Market, Industry Updates
While inflation has implications for housing demand, housing itself influences inflation. By understanding how inflation and housing fit together, the market outlook for the year ahead becomes a little clearer. ABS figures showed the highest annual rate of inflation...
