Why Refinancing in 2025 Could Be Your Smartest Financial Move Yet
Introduction With the Reserve Bank of Australia (RBA) reducing the cash rate to 4.10% in February 2025, homeowners have a prime opportunity to reassess their mortgage arrangements. Benefits of Refinancing Lower Interest Rates: Many lenders have reduced their rates, offering competitive deals to attract borrowers. Reduced Monthly Repayments: Lower rates…
Offset Account vs Redraw Facility: Which One Could Save You More?
Introduction When managing your home loan, choosing the right features can lead to significant savings. Two popular options are offset accounts and redraw facilities. Let’s delve into their differences to help you make an informed decision. Offset Account What is it? An offset account is a transaction account linked to…
2025 Home Buying Guide: Grants, Schemes & What First Home Buyers Need to Know
Introduction Entering the property market as a first home buyer in 2025? Good news! Various federal and state initiatives are designed to make your journey smoother and more affordable. Here’s a comprehensive guide to help you navigate the available grants and schemes. Federal Initiatives First Home Guarantee (FHBG): Allows eligible…