The Home Loan Centre

03/05/2022

The RBA have today announced a 0.25% rate rise, which is the first in 11yrs. It will be interesting to see whether the Banks/Lenders follow suit and how soon they implement the rise.
Inflation is still expected to be above the RBA target at the end 2023 so this might a long road of rate rises ahead.

At its meeting today, the Board decided to increase the cash rate target by 25 basis points to 35 basis points.

26/04/2022

We agree with the sentiment that it is hard to miss the rise in prices over a variety of sectors, but the prediction of a larger than normal and possibly in June interest rate rise is new. Combined with an upcoming election that is scheduled days after fresh figures tracking the Wage Price Index and Unemployment rate will make for an interesting few days in late-May…

It might be time to review your home loan to see that you are prepared for these expected rises – whether it’s a reduction in your current rate, fixing a portion or increasing your current repayment, contact The Home Loan Centre for a home loan health check today.

The latest official inflation figures are expected to be the highest since the global financial crisis, and at least one leading economist warns it could trigger an extra large first interest rate hike from the Reserve Bank.

22/03/2022

An informative read on the Reserve Bank's balancing act on interest rates.

The Reserve Bank's cash rate target has sat at 0.1 per cent since the height of the pandemic despite a seemingly well-performing economy. So, should it be higher? That's where it gets a bit messy, writes David Taylor.

07/03/2022

First time purchasing? Or just need a quick refresher. Learn all about the home loan application process here.

Step 1 What type of borrower are you? Are you buying a home to live in or rent out? Refinancing or consolidating debts? Our mortgage consultants will assist you to determine how much you need to borrow.You can apply for a home loan before you have even found a property (we call this pre-approval). P...

28/02/2022

With interest rates projected to rise, you may be thinking about whether or not to fix your loan. Click here to learn more about the pros and cons of variable and fixed rate home loans.

Types of Loans Due to the complexities of the new regulations relating to the provision of loan comparison rate schedules we no longer advertise rates online. The Home Loan Centre strongly believes that interest rates alone do not provide adequate information to assess the optimum loan for its clien...

10/02/2022

As the story below alludes to, we have been forewarned of interest rates going up. While we have had to manage everything bad about the pandemic, the low interest rates on offer have been a blessing for property owners and buyers. But now is the time to make sure you are ready – speak to us to ensure you have the right lending in place before rates rise…

Reserve Bank Governor Philip Lowe has advised Australian home owners to build up buffers so they are ready for when interest rates inevitably increase. Dr Low...

02/02/2022

The costs of paying a mortgage plus running a functional household quickly add up, often taking new home owners by surprise, resulting in financial pressure. That’s why The Home Loan Centre recommends first experimenting with our Budget Planner Calculator to help you meet costs and keep spending in check.
To obtain an accurate and full picture of your finances, contact us today for a free appointment.

Budget Planner Calculator The costs of paying a mortgage plus running a functional household quickly add up, often taking new home owners by surprise, resulting in financial pressure. That’s why The Home Loan Centre recommends first experimenting with our Budget Planner Calculator to help you meet...

14/01/2022

---Why choose us?---
It is always a big decision when it comes to buying property and you will need all the help that you can get in order to navigate your way through the process. The Home Loan Centre will remove the hassle involved in finding the right loan for your circumstances. We’ll do the legwork in order to ensure that the process is smooth from approval right through to the settlement of your property. Contact us today!

10/01/2022

During the last calendar year, Canberra property values went up 24.9% on 2020 levels, with the medium dwelling value now sitting at $894,338. With such a large increase in equity, refinancing may lead to savings for many homeowners. Contact us to day for a free review of your mortgage.

The value of Australian housing grew 1 per cent in December, bringing the total increase in values to 22.1 per cent for 2021, according to CoreLogic. The property data and analytics provider has reve

04/01/2022

Happy New Year everyone! There will be no RBA update today as they are taking a break over January, so instead we bring you a few predictions for Australia in 2022 courtesy of The Stats Guy.

The pandemic reminded us of how hard it is to predict the future. I took the challenge of analysing data to predict what 2022 has in store for Australia.

31/12/2021

Happy New Year from all of us here at The Home Loan Centre.

31/12/2021

As 2021 draws to a close, we reflect on the year gone by. It's been a tough time for us all, and we are grateful for the strength of our local community. Thank you Canberra