Category Archives: Home Loans

The RBA’s interest rate statement for February 2020

Posted in: Finance, Home Loans, Market Updates, RBA Rate Decisions | February 4, 2020 at 2:05 pm , by Urbantech

At its meeting today, the RBA Board decided to leave the cash rate unchanged at 0.75 per cent. Statement by RBA’s Philip Lowe: The outlook for the global economy remains reasonable. There have been signs that the slowdown in global growth that started in 2018 is coming to an end....

The RBA’s interest rate statement for December 2019

Posted in: Finance, Home Loans, Market Updates, RBA Rate Decisions | December 3, 2019 at 9:41 pm , by Urbantech

At its meeting today, the RBA Board decided to leave the cash rate unchanged at 0.75 per cent. Statement by RBA’s Philip Lowe: The outlook for the global economy remains reasonable. While the risks are still tilted to the downside, some of these risks have lessened recently. The US–China trade...

The RBA’s interest rate statement for November 2019

Posted in: Finance, Home Loans, Market Updates, RBA Rate Decisions | November 5, 2019 at 10:07 pm , by Urbantech

At its meeting today, the RBA Board decided to leave the cash rate unchanged at 0.75 per cent. Statement by RBA’s Philip Lowe: While the outlook for the global economy remains reasonable, the risks are tilted to the downside. The US–China trade and technology disputes continue to affect international trade...

My Protection Plan

Posted in: Finance, Home Loans, Insurance | November 4, 2019 at 9:28 pm , by Urbantech

A lot can happen over the life of a loan – Make sure your home stays yours! As your trusted finance broker, our responsibility goes beyond helping you find the right loan. It’s also about making sure you understand the risks, so you can best decide how you can protect...

What to know for a hassle-free settlement day

Posted in: Finance, Home Loans, Loan Hub, Property Investment | October 28, 2019 at 1:23 pm , by Urbantech

If you are buying or selling a property, the settlement period is when you will deal with finances and paperwork to legally transfer ownership of the property. Your financial and legal reps will handle the hard stuff but knowing what is involved is key to a smooth settlement. Here we...

Three questions to ask before you refinance

Posted in: Finance, Home Loans, Loan Hub | October 28, 2019 at 12:01 pm , by Urbantech

With interest rates at record lows and competitive deals on offer, switching to a new loan or lender may be an appealing prospect, with the potential to make significant savings. Since the Reserve Bank of Australia (RBA) began its latest round of rate cutting, lenders have been lowering mortgage interest...

The RBA’s interest rate statement for October 2019

Posted in: Finance, Home Loans, Market Updates, RBA Rate Decisions | October 1, 2019 at 11:44 pm , by Urbantech

At its meeting today, the RBA Board decided to lower the cash rate by 25 basis points to 0.75 per cent. Statement by RBA’s Philip Lowe: While the outlook for the global economy remains reasonable, the risks are tilted to the downside. The US–China trade and technology disputes are affecting...

How asset finance can help your business grow

Posted in: Business Loans, Car Loans, Finance, Home Loans, Loan Hub, Urbantech Updates | September 21, 2019 at 3:11 pm , by Urbantech

As a business owner, it’s likely you have no shortage of competing demands on your capital. In your quest for growth, you might want to hire additional staff, move to bigger premises, increase production capacity, diversify your product range or spend more on marketing. Using traditional loans or cash to...

Credit report changes: don’t be caught out

Posted in: Finance, Home Loans, Loan Hub, Personal Loans | September 21, 2019 at 2:57 pm , by Urbantech

If you applied for a home loan in the current financial environment , your lender would probably assess your application in the context of both your credit score and your credit history – on top of your income, assets, liabilities and living expenses. Your credit score is a number calculated by...

Understanding Which Home Loan Features Are Right For You

Posted in: Finance, Home Loans, Loan Hub | September 21, 2019 at 2:48 pm , by Urbantech

Buying a home is probably one of life’s most important milestones, so getting the right home loan tailored to your specific needs and circumstances is essential. When it comes to home loans, there are many factors to consider besides interest rates. Choosing the right home loan could not only provide...

Tips For Paying Off Your Home Loan Faster This Financial Year

Posted in: Finance, Home Loans, Loan Hub | September 21, 2019 at 2:40 pm , by Urbantech

A new financial year can be a great time to set money goals, such as paying down a home loan. Paying off a mortgage early can save on interest, free up cashflow each month and help you enjoy all the benefits of a debt-free lifestyle. If reducing your mortgage debt...

Five Things You Need To Know Before Becoming A Rentvestor

Posted in: Finance, Home Loans, Loan Hub, Property Investment | September 21, 2019 at 2:33 pm , by Urbantech

Rentvesting – renting a property to live in while owning one or more investment properties – is becoming an increasingly popular way for Australians to get a foot on the property ladder. According to Property Investment Professionals of Australia (PIPA)1, 36% of first homebuyers opted to invest in property and...

Four Things To Consider Before Buying Off-The-Plan

Posted in: Finance, Home Loans, Loan Hub, Property Investment | September 21, 2019 at 2:24 pm , by Urbantech

Buying a property that is yet to be built is a popular strategy, particularly for first-time homebuyers. It offers the potential for stamp-duty savings, time to save more for the deposit, and, of course, the opportunity to move into a brand-new home. While the glossy brochures and artists’ impressions can...

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...