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3 Tips on what homeowners should do while interest rates are still low

April 27, 2022 The mortgage repayments of millions of homeowners around the country could potentially rise within weeks if the Reserve Bank of Australia (RBA) starts increasing the cash rate target earlier than previously expected. Rising inflation, low unemployment and a pick-up in wage growth mean economists and the big banks now expect that the…

How much will mortgage repayments increase when interest rates rise?

It’s the million-dollar question on homeowners’ minds: When will interest rates rise and how will that affect home loan repayments? While economists and the big four banks expect the Reserve Bank of Australia (RBA) to increase the cash rate target from June, no one knows for certain when rates will rise and by how much….

What’s the difference between an appraisal and a valuation?

Realistically, a property is worth whatever someone is willing to pay for it, but if selling or buying is something on your mind, you’ll need a more accurate estimation. There are a few different ways to work out a home’s value, some more formal than others. From online valuation tools to call in professionals for…

Giving Pokies the Punt

In reading this weeks edition of the Liverpool City Champion, I was stunned that anyone in their right mind would want more poker machines in their local community similar to the 30 machines being proposed for a redevelopment of IBIS on the corner of Hume Highway and Grove Street in Casula currently. The Liverpool Council…