by gomc-admin | Apr 26, 2024 | Blog, Go Mortgage Blog
Recent data indicates a nearly 5% rise in HECS debts for the new financial year, amounting to an average increase of $1000 per student debt. This follows a 7.1% increase in HECS debt last year. With two consecutive years of growth, borrowers with HECS debt are likely...
by gomc-admin | Apr 12, 2024 | Blog, Go Mortgage Blog
MYTH: One Mortgage Loan Fits AllMortgage Brokers exclusively favour preferred lender/s Our response: Unequivocally, 100% false In the world of mortgage loans, one fundamental truth stands out above all others: not all borrowers are alike, and consequently, not one...
by gomcadmin | Mar 21, 2024 | Blog, Go Mortgage Blog
Cash Rules: The Cash Rate, Cash Backs, and the Allure of Cash We are all familiar with the term ‘The Cash Rate,’ but what does it really mean? It is not the interest rate we see on our mortgage statements. So, why is there so much talk about the ‘Cash...
by gomc-admin | Feb 8, 2024 | Blog, Go Mortgage Blog
Should we break it down? Remember the days when the Reserve Bank of Australia met every Tuesday of the month to spill the beans on interest rates? We all do! Now, we see a new era in 2024. Last year, the RBA announced that they will only convene 8 times a year instead...
by gomc-admin | Dec 21, 2023 | Blog, Go Mortgage Blog
The First Home Buyer and Getting That Loan Life is Full of Firsts – the first pet 🐶, the first car 🚙, the first kiss 💋, the first job 🖥️, the first mortgage 💸. Some of these things are easier than others, right? Here we outline the first home loan process with the...
by gomcadmin | Dec 21, 2023 | Blog, Go Mortgage Blog
Are you having trouble decoding your LMI for your BC? Our article ‘The A to Z of Industry Jargon for Loans and Property’ should help you decode this. All you need to do is read through the blog to uncover industry speak for your home loan and your property....