How to find the perfect fixer upper
While you might be looking for a fixer-upper, you want to make sure you’re not purchasing a money pit. But how do you know whether your fixer-upper is going to be worth the renovations and work you do to it? Make sure the house is structurally sound One of the most expensive parts of a […]
How does the RBA influence interest rates?
When you hear news of changing interest rates around Australia, you’ll also hear mention of the Reserve Bank of Australia (RBA). But how exactly do they influence interest rates and what’s the difference between the cash rate and interest rates? The Reserve Bank of Australia (RBA) The RBA is Australia’s central bank which oversees Australia’s […]
Breaking down loan to value ratios for first home buyers
Loan to Value Ratio (LVR) can help first home buyers borrow more money for a home loan. However, it’s important you understand what LVR is and how to calculate it correctly as it can affect your buying power. What is loan to value ratio? LVR compares the value of a property to the amount of […]