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While rising prices were the talk of the town not so long ago, the tide has started to turn, with property values beginning to soften – but it’s not all bad news for home owners. While we’re far from a market collapse, it’s only natural for home owners to be concerned that their valuable asset could be worth slightly less than it was a few months ago. In fact, national home prices are now 1.8% lower than they were in March, led by falling values in Sydney and Melbourne. Howev

Great news! Homeowners can breathe a sigh of relief, with the Reserve Bank of Australia (RBA) keeping the cash rate on hold in August. But just because the cash rate is sitting tight, doesn’t mean you have to. As many as 49 different lenders are now offering variable interest rates starting with a 5, up from 38 at the start of June, according to Canstar. That’s a powerful incentive to check the rate you’re currently paying. If your home loan rate isn’t in the very low 6s or b

So it turns out some mortgage offset accounts haven’t been working as intended, according to a recent investigation. Here’s how to check if your home loan offset account has actually been helping you save. Offset accounts are popular among Australian borrowers, with more than one-in-two (55%) home loans now having an offset. If that sounds like you, chances are you may be concerned about a recent investigation by the Australian Securities and Investments Commission (ASIC) tha

Waiting for home prices to ‘bottom out’ before buying may seem like a smart strategy but it could work against you. Here are the risks of holding out and hoping for lower prices. It’s no secret that some of the heat is coming out of the property market. Home buyers are now under less pressure to make a rushed decision, and more homes are coming onto the market, giving buyers greater choice. But holding off and waiting for prices to reach a low point may be a high-risk strateg

Things are looking up for homebuyers. New listings are on the rise, and that can mean more choice and less FOMO pressure for buyers. Here’s how the shift in today’s market could benefit your homebuying plans. It wasn’t so long ago that FOMO (‘fear of missing out’) was a driving force in Australia’s housing market. Property listings were at multi-year lows, prices were rising rapidly, and a report by Finder revealed almost two-in-five first homebuyers had purchased a property