Tag: owner-occupier
All the articles with the tag "owner-occupier".
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Split Loan Mortgage: Combining Fixed and Variable Rates
The February 2025 cash rate reduction from the Reserve Bank of Australia has reset the borrowing calculus for hundreds of thousands of owner-occupiers. On 18…
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Extra Repayment Rules: Penalty-Free Limits on Fixed Loans
Australia’s fixed-rate mortgage cohort is navigating a repayment window that closes with the final month of their low-rate terms. When the Reserve Bank lifte…
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Small Deposit Home Loan: Avoiding LMI with Family Guarantee
Australian housing deposits have stretched beyond the practical limits of many dual-income households. As of the March quarter 2025, the median dwelling valu…
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Granny Flat Rental Income: Tax Obligations and Lender Assessment
Australia’s housing affordability squeeze is pushing more owner‑occupiers into generating income from secondary dwellings on their land. Granny flats, once t…
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Home Loan Portability: Transferring Your Loan When Buying and Selling
RBA data confirms that the average owner-occupier variable rate for new loans settled in June 2024 was 6.27% p.a., while many borrowers still hold loans pric…
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Cashback Refinance Offers: Current Deals and Fine Print
Refinance activity surged through 2022 and early 2023 as the Reserve Bank of Australia raised the cash rate at the fastest pace in a generation. Lenders comp…
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Fixed vs Variable Home Loan: Rate Outlook and When to Fix
The Reserve Bank of Australia has left the cash rate target at 4.35 per cent since the November 2023 meeting, but the pricing of home loans has been anything…
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Refinancing Costs: Break Fees, Discharge Fees, and Government Charges
With the Reserve Bank of Australia delivering a 25‑basis‑point cut in February 2025 and wholesale funding markets pricing further easing, the material costs…
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Offset Account vs Redraw Facility: Which Reduces Interest More?
The Reserve Bank of Australia left the cash rate target unmoved at 4.35% at its May 2024 meeting, holding it at the highest level since November 2011 after a…
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Home Loan Portability: Transferring Your NAB Loan to a New Property
The Reserve Bank of Australia has held the cash rate at 4.35 per cent since November 2023, and with three of the big four banks now expecting the first cut n…
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Granny Flat Construction Finance for Owner-Occupiers: St George Conditions
The Australian housing market’s protracted affordability squeeze, compounded by the Reserve Bank’s official cash rate holding at 4.35% since November 2023, h…
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Offset Account vs Redraw Facility: Tax Implications for Owner-Occupiers
As the Reserve Bank of Australia cut the cash rate target to 4.10% on 18 February 2025, triggering the first refinancing wave in more than two years, thousan…