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So far BASEBODYBABES has created 20 blog entries.

What’s the catch with cash back?

2020-05-19T13:49:33+00:00 May 19th, 2020|Uncategorized|

While some borrowers start to tighten up and look for ways to save money and protect their assets, some lenders are attempting to lure them in , or across, by offering incentives like juicy cash back deals. But borrowers beware, there can often be more catch than cash and it pays to look at the [...]

A Review of the Redraw

2020-05-19T13:12:18+00:00 May 19th, 2020|Uncategorized|

You may have heard the uproar in the last few weeks as a result of ME Bank messing with the redraw facilities of an estimated 20'000 of their clients. By messing with, we mean they effectively switched them off, understandably causing considerable upset and anguish of those affected. To understand the possible implications of a [...]

All your COVID-19 questions answered

2020-04-12T12:37:22+00:00 April 12th, 2020|Uncategorized|

If you’ve lost your job, or had your income effected due to the COVID-19 pandemic, you might be feeling unsure about what to do about your mortgage or your loan application. Should you put your repayments on hold? Are there and other options available to you? Maybe you had a pre-approval in the works, but [...]

How are the big banks helping in the face of COVID-19?

2020-03-23T12:09:55+00:00 March 23rd, 2020|Uncategorized|

ANZ was the only major bank cut its variable home loan rates following the Reserve Bank of Australia’s emergency cash rate cut of 0.25% announced last Thursday. Effective March 27, ANZ will decrease its variable interest home loan rates by 0.15%. However, while the other majors didn’t reduce their variable home loan rates, each has [...]

Top 10 reasons for refinance

2020-03-19T12:26:44+00:00 March 17th, 2020|Uncategorized|

I have been receiving a lot of refinancing enquiries lately so I thought I would update you on this particular topic and where all the banks are sitting after the last 4 rate cuts. You will see from the below summary they are all extremely similar so it's not always a case of rushing over [...]

2019 in review

2019-12-30T13:53:44+00:00 December 30th, 2019|Uncategorized|

2019 was a huge year for our business and the industry in many ways, and we know it was huge year for lots of our clients too. Dream homes were purchased, investment portfolios were bolstered and big projects embarked upon for many. For us, being a small part of the action for huge life events [...]

RBA rates: calibrate and consolidate

2019-08-11T05:33:15+00:00 August 11th, 2019|Uncategorized|

This month the Reserve Bank of Australia (RBA) announced the cash rate would stay on hold at 1.0%, following two consecutive cuts in the preceding months that totalled fifty basis points. The decision was widely expected, especially considering that cutting the official cash rate three months in a row has only happened twice before: once [...]

APRA hands borrowers the chance to borrow more

2019-08-07T12:59:58+00:00 August 7th, 2019|Uncategorized|

July brought with it news that has effectively opened the doors for prospective and current home owners to access bigger mortgages by borrowing more. The Australian Prudential Regulation Authority (APRA) has relaxed stringent lending restrictions on lenders by scrapping the “stress test” rule. Introduced in 2014, the rule required banks and other lenders to assess [...]