How to consolidate debt and save on your home loan
In Australia, a healthy level of debt is considered a good thing. Managed well it can help you achieve financial and personal goals, like home ownership or a new car. However, when your debt gets out of hand and you find yourself juggling multiple cards and loans, it can be exhausting. If this sounds familiar, there […]
Relief is on the way for Australian Households
Australian households are within reach of desperately needed mortgage relief as lower inflation figures raise the prospects of an interest-rate cut in February. Director and Broker at Australian Property Home Loans, Adele Andrews, says families could now have “ a sense of hope and a sense of confidence that we are heading in the right […]
RBA holds cash rate at December meeting
There’s no early Christmas present for mortgage holders, with the Reserve Bank of Australia (RBA) opting to hold the official cash rate steady at 4.35% in its final monetary policy meeting of 2024. This decision keeps rates at their highest level since 2011, dampening hopes for a reprieve amid the festive season. Five tips to […]
RBA delivers Melbourne Cup day rates decision
The RBA has opted to keep Australia’s official cash interest rate on hold at 4.35% today, passing up its second-to-last chance to provide rate relief to borrowers ahead of Christmas. Australian Property Home Loans director Adele Andrews said she was “not at all surprised” by the RBA’s decision. “While inflation does remain at the level […]
Victorian first home buyers hit two-year high
Australian Property Home Loans Director Adele Andrews said she’d seen a huge increase in first-home buyers entering the market this year. Ms Andrews said prospective first-time purchasers had begun adjusting to the higher costs of living and the current interest rate environment in the past six months. “People have got their heads around these changes […]
Victorian homebuyers to get up to $40k boost
Victorians are to get up to $40,000 oost in homebuying power from 1 July 2o24. As banks and lenders factor in federal government tax breaks from July 1, the state’s average income earners could get at least a $20,000 boost or more to their purchasing power to buy a home. Adele Andrews, Australian Property Home […]
Paying a heavy cost for last-minute loan switch
Watch as Australian Property Home Loans director Adele Andrews shares her thoughts on the role of lenders, and why it’s so important to talk to your lender when seeking financial hardship. “If you a feeling under pressure, pause and seek the help of an expert.” Watch the full episode here on A Current Affair.
Barriers to Home Buying
Melbourne home seeks may need to save $250K+ to cover upfront costs according to a recent Herald Sun article. An analysis of median home value figures by tax experts has revealed the typical fees that homebuyers are facing to break into the market in each suburb. Australian Property Home Loans director, Adele Andrews said stamp […]
Melbourne house prices could jump $70,000
Melbourne house prices could jump $70,000 if homebuyers start dipping into their super funds, according to a recent article on realestate.com.au. Modelling from the Super Members Council revealed how moving retirement savings into housing could worsen already sky-high home prices, taking aim at the Coalition’s proposed Super Home Buyer Scheme. Australian Property Home Loans director […]
What are brokers recommending to their clients?
As borrowers dive into the unpredictable waters of 2024, mortgage brokers are the savvy navigators steering them toward financial success. Australian Broker asked three mortgage brokers, including Adele Andrews, Director, Australian Property Home Loans, to not only shed light on their top recommendations for borrowers this year but also uncover common misconceptions that could trip […]