Category Archives: Home Loans

The RBA’s interest rate statement for September 2019

Posted in: Finance, Home Loans, Market Updates, RBA Rate Decisions | September 3, 2019 at 2:02 pm , by Urbantech

At its meeting today, the RBA Board decided to leave the cash rate unchanged at 1.00 per cent. Statement by RBA’s Philip Lowe: The outlook for the global economy remains reasonable, although the risks are tilted to the downside. The trade and technology disputes are affecting international trade flows and...

Homeowners wasting billions by paying too much on their home loans

Posted in: Finance, Home Loans | August 7, 2019 at 5:07 pm , by Urbantech

Homeowners are wasting billions on home loans they could have got for cheaper. A recent article [here] highlighted the importance of regularly reviewing your loans to make sure they are at the cheapest possible rate. After all what’s the point of paying more interest than you need to right! Here...

The RBA’s interest rate statement for August 2019

Posted in: Finance, Home Loans, Market Updates, RBA Rate Decisions | August 6, 2019 at 2:02 pm , by Urbantech

At its meeting today, the RBA Board decided to leave the cash rate unchanged at 1.00 per cent. Statement by RBA’s Philip Lowe: The outlook for the global economy remains reasonable. However, the increased uncertainty generated by the trade and technology disputes is affecting investment and means that the risks...

When is the best time to refinance your home loan?

Posted in: Finance, Home Loans, Loan Hub | July 29, 2019 at 1:43 pm , by Urbantech

As a home owner with a mortgage, chances are you’ve heard of the term ‘refinancing’. Refinancing involves reviewing your current mortgage, and potentially swapping your loan to another lender who can better meet your current needs, wants and circumstances. Refinancing can also allow you to consolidate your debts or pay...

The RBA’s interest rate statement for July 2019

Posted in: Finance, Home Loans, Market Updates, RBA Rate Decisions | July 2, 2019 at 2:02 pm , by Urbantech

At its meeting today, the RBA Board decided to lower the cash rate by 25 basis points to 1.00 per cent. Statement by RBA’s Philip Lowe: At its meeting today, the Board decided to lower the cash rate by 25 basis points to 1.00 per cent. This follows a similar reduction at the...

The RBA’s interest rate statement for June 2019

Posted in: Finance, Home Loans, Market Updates, RBA Rate Decisions | June 4, 2019 at 2:46 pm , by Urbantech

At its meeting today, the RBA Board decided to lower the cash rate by 25 basis points to 1.25 per cent. Statement by RBA’s Philip Lowe: The Board took this decision to support employment growth and provide greater confidence that inflation will be consistent with the medium-term target. The outlook...

The RBA’s interest rate statement for May 2019

Posted in: Finance, Home Loans, Market Updates, RBA Rate Decisions | May 7, 2019 at 2:13 pm , by Urbantech

At its meeting today, the RBA Board decided to leave the cash rate unchanged at 1.50 per cent. Statement by RBA’s Philip Lowe: The outlook for the global economy remains reasonable, although the risks are tilted to the downside. Growth in international trade has declined and investment intentions have softened...

The RBA’s interest rate statement for April 2019

Posted in: Finance, Home Loans, RBA Rate Decisions | April 2, 2019 at 2:00 pm , by Urbantech

At its meeting today, the RBA Board decided to leave the cash rate unchanged at 1.50 per cent. Statement by RBA’s Philip Lowe: The outlook for the global economy remains reasonable, although growth has slowed and downside risks have increased. Growth in international trade has declined and investment intentions have...

The RBA’s interest rate statement for March 2019

Posted in: Finance, Home Loans, RBA Rate Decisions | March 5, 2019 at 2:05 pm , by Urbantech

At its meeting today, the RBA Board decided to leave the cash rate unchanged at 1.50 per cent. Statement by RBA’s Philip Lowe: The global economy grew above trend in 2018, although it slowed in the second half of the year. The slower pace of growth has continued into 2019....

Prime minister backs mortgage brokers…

Posted in: Finance, Home Loans, News Alerts | February 12, 2019 at 12:05 pm , by Urbantech

Prime Minister Scott Morrison has voiced his support for the broker channel and outlined their important role in the mortgage market. Following his address at the National Press Club yesterday, Prime Minister Scott Morrison was asked questions from the floor. During this question session, Mr Morrison was asked about his...

Help us save the mortgage broking industry!

Posted in: Finance, Home Loans, News Alerts, Urbantech Updates | February 10, 2019 at 11:03 pm , by Urbantech

Home loans are set to become more expensive… The sustainability and viability of the entire mortgage broking industry is at risk thanks to recommendations handed down by Commissioner Hayne as part of the Banking Royal Commission’s final report, released just a few days ago. Put simply the Royal Commission has...

The RBA’s interest rate statement for February 2019

Posted in: Finance, Home Loans, RBA Rate Decisions | February 7, 2019 at 1:45 pm , by Urbantech

At its meeting today, the RBA Board decided to leave the cash rate unchanged at 1.50 per cent. Statement by RBA’s Philip Lowe: The global economy grew above trend in 2018, although it slowed in the second half of the year. Unemployment rates in most advanced economies are low. The...

Self-employed and want a home loan? An alt doc loan might be right for you…

Posted in: Finance, Home Loans, Loan Hub | January 29, 2019 at 12:14 pm , by Urbantech

If you’re self-employed or you own your own business, you’ll know all about the challenges of admin – keeping your accounts, finances and income flow all on track. It’s not easy. The last thing you need is a to have your home loan application declined because of the paperwork. But...

The RBA’s interest rate statement for December 2018

Posted in: Finance, Home Loans, RBA Rate Decisions | December 4, 2018 at 10:41 pm , by Urbantech

At its meeting today, the RBA Board decided to leave the cash rate unchanged at 1.50 per cent. Statement by RBA’s Philip Lowe: At its meeting today, the Board decided to leave the cash rate unchanged at 1.50 per cent. The global economic expansion is continuing and unemployment rates in most advanced...

When was your last finance review?

Posted in: Finance, Home Loans, News Alerts | November 30, 2018 at 2:24 pm , by Urbantech

Today is “World book in a finance review” day… ..Ok not quite, but it should be 🙂 because there’s a good chance we could save you money! The mortgage market never stands still – and neither do our lives, so it makes sense to see whether your loan/s are still...

The RBA’s interest rate statement for November 2018

Posted in: Finance, Home Loans, RBA Rate Decisions | November 7, 2018 at 2:17 pm , by Urbantech

At its meeting today, the RBA Board decided to leave the cash rate unchanged at 1.50 per cent. Statement by RBA’s Philip Lowe: At its meeting today, the Board decided to leave the cash rate unchanged at 1.50 per cent. The global economic expansion is continuing. A number of advanced economies are...

Why you should look at refinancing all of your loans every 2-3 years…

Posted in: Finance, Home Loans | October 25, 2018 at 11:08 pm , by Urbantech

We pride ourselves on getting the best possible deal for our clients, every time! However, the mortgage market is constantly changing and evolving, with lenders locked in a never-ending battle to win new business and boost their market share. Rate cuts, fee reductions, cash incentives, improved lending criteria, limited time...

How to get the best deal on your home loan…

Posted in: Finance, Home Loans | October 15, 2018 at 11:39 am , by Urbantech

As your trusted finance broker it’s our job to help you get the best possible deal when buying or refinancing your home or an investment property. Over time, however, lenders have a habit of adjusting their variables interest rates – sometimes in line with RBA rate changes, sometimes not, and often by varying amounts....

The RBA’s interest rate statement for October 2018

Posted in: Finance, Home Loans, RBA Rate Decisions | October 9, 2018 at 2:35 pm , by Urbantech

At its meeting today, the RBA Board decided to leave the cash rate unchanged at 1.50 per cent. Statement by RBA’s Philip Lowe: The global economic expansion is continuing. A number of advanced economies are growing at an above-trend rate and unemployment rates are low. Growth in China has slowed...

The Banks don’t want you to know this…

Posted in: Finance, Home Loans | September 27, 2018 at 2:58 pm , by Urbantech

Did you know the Banks offer new customers cheaper rates than their loyal existing customers! When it comes to the home lending it doesn’t pay [you] to be loyal. In fact, if you haven’t reviewed your home or investment loans in the past few years you will almost certainly be...