Home Finance

Why many parts of Australia are a landlord’s market right now

The Green Team are seeing a consistent stream of finance enquiries on behalf of investors, new and experienced, looking to take advantage of current favourable market conditions to grow or start their residential investment property portfolios. The latest RBA cash rate increase in May and ongoing speculation as to the...

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Home Loan repricing versus refinancing: How to save money in a rising rate environment

In May 2023 the Reserve Bank of Australia (RBA) announced a further hike to the cash rate from 3.60% to 3.85%. This was the 11th increase to the cash rate in approximately 12 months and a total of 3.75 percentage points up from a record-low of 0.1% back in May...

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The benefits of home loan pre-approval for a first home buyer

Securing a home loan pre-approval allows you to buy property or bid at auction with confidence. You can secure a commitment from the bank or lender of your choice for how much you can borrow before you buy, with a formal, written home loan pre-approval. An official conditional pre-approval isn’t just an ‘indication’...

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How do increasing interest rates impact borrowing capacity?

The cash rate has been steadily increasing and at the time of writing was sitting at 3.85%, just shy of the 4% predicted by economists at the big four banks earlier in the year.  The cash rate impacts the interest rate lenders offer on variable-rate home loans, which in turn...

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