
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’...

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...