News

Rent Vs Buy: Navigating Australia’s Housing Market in 2024

In 2024, the age-old question of whether to rent or buy a home in Australia continues to simmer, fueled by fluctuating market conditions, economic uncertainties, and shifting demographics. ...

Think about the last time you went grocery shopping

I bet you spent at least a few minutes comparing brands and deliberating on which products offered the best value for money If we expect that level of...

Mates Rates Mortgage Brokers cash back options, according to your bank

Tired of your Lender overcharging? Mates Rates cash back Options, according to your bank Mates Rates Mortgage Brokers have an awesome value proposition for home loan borrowers: cash...

Mates Helping Mates

In the spirit of mates helping mates, our CEO Trent Lee has created a simple referral program known as the Ambassador Program. Massive interest savings for your network,...

Start saving on electricity, gas and internet

Mates Rates has recently partnered with a leading bill comparison platform to help you save money on your electricity, gas and internet bills. It's a no-obligation service, so...

The federal government is to scrap responsible lending obligations For lenders. Getting a home loan will be easier!

Responsible lending laws to be scrapped 'The federal government has revealed it will move to overhaul credit practices by scrapping responsible lending obligations under the NCCP.  Commonwealth Treasurer...

RBA Increases Term Funding Facility

The RBA also decided to increase the size of the Term Funding Facility and make the facility available for longer.   Translation: The RBA is printing more money...

RBA Leaves on hold

The Board of the Reserve Bank of Australia met today.  There were no surprises when it announced it would maintain the cash rate at 25 basis points (i.e. 0.25%).   TRANSLATION:...

Stamp Duty

Stamp duty is tax levied by all Australian States and Territories for certain documents and transactions. You’re required to pay stamp duty for transfers on real estate, also known as...

Split Rate Home Loan

These loans allow your total borrowings to be split into different loan types.  The most common is part fixed, part variable which is a good way to maintain...

Settlement

Settlement is the process for transferring property from buyer to seller.  It involves various legal, financial and administrative tasks.  In a nutshell, settlement is when you take legal and...

Reverse Mortgage

A way for older homeowners to access the wealth that's tied up in their home, reverse mortgages allow you to borrow money using the equity in your home...