The 2023 Mortgage Cliff in Australia
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2022 was a tough year for mortgage holders, particularly those on variable rates. The Reserve Bank of Australia increased the cash rate for a record eight months in a row. This means every month variable mortgage holders around Australia are paying more and more money, as the banks increase their interest rates in line with…Read More→
How to Pay Off Your Mortgage Faster
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Whether you’re a new homeowner, or you’ve had your mortgage for a while, you’re familiar with that feeling of looking up at a tall mountain to climb. You’ve borrowed a big sum of money to buy your home, and you’ve got many years ahead in which you’ll be paying it off. Don’t despair though, you’re…Read More→
Mortgage Pauses are Ending. What Does That Mean?
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When the pandemic moved its way into Australia it was a worrying time for everybody. The whole country has united, across all sectors, to not only fight the virus but also to ensure our economy doesn’t fall off a cliff. We’ve navigated the worst part it seems, but there are still a few hurdles to…Read More→