Latest News & Updates

The RBA’s interest rate statement for May 2021

Posted in: Finance, Home Loans, Market Updates, RBA Rate Decisions | May 5, 2021 at 1:02 pm , by Urbantech

At its meeting today, the RBA Board decided to leave the cash rate unchanged at 0.10 per cent. Statement by RBA’s Philip Lowe: At its meeting today, the Board decided to maintain the current policy settings, including the targets of 10 basis points for the cash rate and the yield...

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The RBA’s interest rate statement for April 2021

Posted in: Finance, Home Loans, Market Updates, RBA Rate Decisions | April 7, 2021 at 10:13 am , by Urbantech

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Property Investing Preparation Checklist

Posted in: Finance, Home Loans, Loan Hub, Property Investment | March 26, 2021 at 1:30 pm , by Urbantech

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Investment in real property, such as residential real estate, is likely to be a lengthy process and one that usually involves a plan for the long term. To ensure you have considered what is required before making the big purchase, we’ve outlined steps you need to take in that process....

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What are the extra costs of buying a home?

Posted in: Finance, Home Loans, Loan Hub | March 22, 2021 at 2:57 pm , by Urbantech

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Application & establishment fees, stamp duty + more… When taking out a mortgage, many people forget to consider the associated fees and expenses. Here are some of the extra costs that you’ll need to consider when you take out a home loan. Home loan application fees Most lenders charge a...

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The RBA’s interest rate statement for March 2021

Posted in: Finance, Home Loans, Market Updates, RBA Rate Decisions | March 2, 2021 at 10:31 pm , by Urbantech

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What do I need to know about debt consolidation?

Posted in: Finance, Home Loans, Loan Hub, Property Investment | February 15, 2021 at 4:11 pm , by Urbantech

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Not to confuse it with debt elimination. If you’re swamped with credit card debt and personal loans, it can sometimes help to talk to a professional about debt consolidation. However, you need to be wary. You might end up paying more in the long term and/or reduce the equity in...

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The RBA’s interest rate statement for February 2021

Posted in: Finance, Home Loans, Market Updates, RBA Rate Decisions | February 2, 2021 at 9:54 pm , by Urbantech

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At its meeting today, the RBA Board decided to leave the cash rate unchanged at 0.10 per cent. Statement by RBA’s Philip Lowe: At its meeting today, the Board decided to maintain the targets of 10 basis points for the cash rate and the yield on the 3-year Australian Government bond,...

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When would I refinance my mortgage?

Posted in: Finance, Home Loans, Loan Hub, Property Investment | January 25, 2021 at 3:58 pm , by Urbantech

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Whenever it makes financial sense to do so. Heard about mortgage refinancing? In the past, most people who took out a mortgage doggedly continued with it until they had paid it off. These days, people refinance their mortgage much more frequently. The average duration of a home loan in Australia...

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The RBA’s interest rate statement for December 2020

Posted in: Finance, Home Loans, Market Updates, RBA Rate Decisions | December 1, 2020 at 2:06 pm , by Urbantech

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How COVID-19 has impacted on Australia’s property market

Posted in: Home Loans, Loan Hub, Property Investment | December 1, 2020 at 1:53 pm , by Urbantech

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The RBA’s September announcement that the interest rate remains unchanged comes as no surprise. After all, RBA Governor Philip Lowe told parliament last month that he expects the current record low 0.25% interest rate to stay in place for three years. Low rates have long-term implications, but in the meantime,...

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