Understanding the Home Loan Application Process: How to Apply for a Home Loan Going through the home loan application process can be overwhelming and strenuous. Luckily, it doesn’t have to be. If you understand all the steps involved from A…
A sigh of borrowers relief is happening all over the nation as the Reserve Bank of Australia announced a rate freeze for April 2023. With the cash rate remaining at 3.60%, homeowners are given a slight reprieve after the last…
It's time to give your home loan some love Over the past couple of years, people have been urged to consistently check up on their personal health. This raises the question of what else we should review in our day-to-day…
On Tuesday the 7th of March, The RBA announced the 10th consecutive cash rate increase of 0.25%. This raises the current cash rate to 3.6%. The cash rate can affect other moving parts of the economy, like employment, investment, inflation,…
If you’re dipping your toes into the mortgage space, but not sure of the next step; have you considered consulting an expert to do the comparisons for you? Most people are conditioned to assume that their bank is the only…
Government to hand out $25k grants for housing construction, renovations to bolster industry I'm sure that the latest announcement from the Australian Government yesterday around their new HomeBuilder package has already started to create a lot of excitement for everyone…
Investing in your first property can be daunting. The best way to prepare yourself is to be well informed on the terms associated with property investment, and mortgages. Let us elaborate a little further on 5 tips to get you…
In our Part One of 5 Smart Reasons to Get a Business Loan we touched on the first 3 Reasons why you would look at a business loan as a viable option when wanting to take the next step in…
There is no doubt that lending in Australia has changed dramatically over the past year, with near-mainstream lending becoming the fastest-growing sector and lenders beginning to see the rise of the "super prime" borrowers. Given the banks have taken a…
Borrowers Have the Power Our Home Loan Specialists are already seeing signs that suggest that the big four banks are in for a challenging year when it comes to attracting new borrowers, and our in-house experts have weighed in on…
New fin-tech advances. Is this tech a good thing? The rise of Fin Tech lenders has been slowly increasing over the past 5 or 6 years. Some of the Fin Techs have seen extraordinary growth by bringing something to the…
Being a Guarantor on someone's loan is a legal responsibility, and it is important that you understand the agreement that you are entering into. We have put together some of the FAQs that we hear from our applicants when they…
An estimated six million Australians are currently receiving the Commonwealth government's JobKeeper wage subsidy. Chances are, you may be one of them. So, can you still get a home loan even if you're receiving the JobKeeper payment? Many aspiring home…
Is now the time to switch and save? With the Reserve Bank of Australia having reduced the official cash rate recently to a new record low of 0.25%, things continue to look positive for low rates to stick around for…
The Australian Banking Association has prepared a quick easy guide for customers during the COVID-19 pandemic. 1) I've lost my job, or lost hours, as a result of COVID-19, what type of financial hardship relief are banks offering? Most Banks…
So What Sets You Apart? I was asked the other day, "What sets Fox Finance Group apart from the others"? It was a great question and I could've easily spent an hour answering it, but I managed to condense it…
