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Brokers ready to help borrowers facing a mortgage cliff
30 May 2023
According to the Reserve Bank of Australia (RBA), approximately 880,000 borrowers with cheap fixed-rate mortgages are facing a ‘mortgage cliff’ when their fixed-rate terms end this year. Having avoided the 11 rate rises imposed over the past year through the RBA lifting its cash rate by 375 basis points to
Read moreWhat you need to know about First Home Buyer Scheme Changes
23 May 2023
In an attempt to address housing affordability for first time buyers, the federal government has expanded the eligibility for the First Home Guarantee, the Regional First Home Buyer Guarantee, and the Family Home Guarantee schemes. While previously the First Home Guarantee and Regional First Home Guarantee schemes were restricted to
Read moreWays that your broker can help you secure extra cash
16 May 2023
With rising interest rates and high inflation, you may need that bit of extra cash to cover some of the spendings you’ve got on your checklist. Your mortgage broker can help you secure small, fast loans, including personal loans, vehicle loans, and renovation loans. Perhaps you need to book a
Read moreWhy a broker beats a bank for personal service
9 May 2023
With many bank branches closing around the country, consumers are relying more and more on brokers for advice, particularly when it comes to obtaining a home, business or personal loan. In some parts of Australia, people are travelling more than 500 kilometres to reach their nearest bank, and this lack
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