CFS announces partnership with UFinancial
CFS is excited to announce our partnership with Melbourne based mortgage broker UFinancial. The partnership became effective this month and is a strategic move to evolve the CFS business and enhance our service to clients. Partnering with UFinancial provides a broader range of resources, technology and expertise, enabling the CFS team to focus on what […]
Rate rise again. Published June 13th 2023
Last month, there was hope that we may have reached the peak of the rate hikes. However these hope were shattered last Tuesday when the Reserve Bank took it up a notch again, lifting the cash rate by 0.25%. All major lenders passed on the rate rise to variable rate borrowers, resulting in higher loan […]
Interest Rate Update, Published Feb 24 2023
The Reserve Bank increased official interest rates by 0.25% in the first week of February. This is the 9th consecutive official interest rate increase since May last year and once again, lenders passed the increase on to borrowers. It begs the question, how close are we to rates peaking? It’s the question all borrowers want […]
Quarterly Property Market Update, Published Feb 24 2023
Quarterly Property Update A month into 2023 and Australian property values continued to head south with a 1% decline in national dwelling values for January. As a result, there was a -3.2% drop over the quarter according to CoreLogic’s national Home Value Index (HVI). Although median property prices are still falling across the country there […]
Spring Property Market Update, published 9th November 2022
Like thousands of Australian, our eyes were glued to the dramatic Block auctions on Sunday night. The results speak volumes about the impact interest rates and high inflation have had on the property market Eliza Owens, Head of Research at Core Logic analysed the results in an interview with the ABC. She pointed out; ” […]
