The Australian mortgage market has been busy lately. Even while the RBA cash rate remains high, some lenders have started cutting selected home loan rates to compete for new borrowers and refinance customers. That sounds tempting. But if you already have a mortgage, the real question is not “who has the lowest rate?” It is: will switching actually make your monthly cash flow feel better? 1. Check your current rate first Open your loan account and look at your actual rate, rep

Mortgage news has been getting louder, with some lenders cutting selected home loan rates and competing for borrowers. For first-home buyers, it is easy to feel excited: “Should I start inspecting?” “Which bank has the lowest rate?” “Which property type is best?” But the first question is not which option is best. It is which option fits your income, budget and lifestyle. 1. FHOG eligibility First Home Owner Grant rules are different in each state. Some apply only to new home

Sunday is a good day for one small money check. Do not rush into more inspections. Do not rush into refinancing. First, get your numbers clear. The mortgage market has been noisy recently. Some lenders have cut selected home loan rates, and buyers in some markets are moving more carefully. But for most households, the headline is not the main thing. The real question is whether you know your own numbers before making decisions next week. 1. Current rate and repayment Open you