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What should I do when my fixed rate expires?

If you’re currently playing the waiting game wondering what will happen when your fixed rate term ends, we understand what a stressful time it might be. Fixed rate borrowers have been temporarily shielded from the Reserve Bank’s cash rate increases, but for how long? It’s estimated that almost 40 per cent of Aussies on low […]

Property Market Update – August 2022

Another month, another cash rate rise. The Reserve Bank of Australia (RBA) increased the cash rate to a six-year high of 1.85% in August, prompting some lenders to increase their variable rates by 0.5%. Meanwhile, nationally home values are falling at the fastest pace since the 2008 global financial crisis (GFC). CoreLogic Research Director Tim […]

What does the cash rate increase mean?

News of the Reserve Bank of Australia’s (RBA) decision to increase the official cash rate has left many homeowners feeling uncertain and worried. For some, it’s the first time they’ve experienced a cash rate rise. If you’ve been left scratching your head wondering what this means for you and your wallet, I’m here to help. […]