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A faster way to a better home loan - Enable banks & lender to compete for your loan | Joust Instant Match Instant Match can help you choose the right mortgage product by filtering out thousands of options and only provide you with loans you are able to secure based on your loan profile. Create your free Joust Instant Match loan profile to get the banks and lender to compete for your home loan.

With both rates & inventory low, demand for property remains strong. And, stats are showing the Australian property market is booming. Some buyers are making strong offers after just one inspection. Whilst at auction, multiple bidders are driving auctions to dizzying record prices. The new restrictions from APRA come into place on November 1st and may -or may not- cool the market.

What are your thoughts?

For first home buyers in Australia, many have had to sit back and watch on the side-lines as house prices have continued to sky-rocket.

But BIG CHANGES ARE COMING…

There will soon be a minor change as to how lenders will test the maximum you can borrow. The aim is to help ease the marketplace.

Financial regulator, APRA has stepped in an attempt to cool the pace of the Australian property market. APRA is asking lenders to apply a 3% buffer (an increase of 0.5%) when they assess how much you can borrow on a new home loan.

This small 0.5% increase comes as APRA and many others are concerned that Australians are borrowing too much, over-leveraging and becoming heavily burned with debt.

What are your thoughts on this?

The RBA cash rate is again on hold. And with interest rates at historically low levels, now is the perfect time to get on the property ladder, or see if you can get a lower rate on your home loan.

Get started at --> https://www.joust.com.au/instant-match and get instantly matched to 3 competitive home loan rates suited to your needs.

Is an interest-only home loan right for you? Here's the pros and cons of principal and interest vs interest-only loans that can help you decide which is the better option.

Beginners Guide to Principal & Interest or Interest Only Home Loan Repayments | Joust Blog Our “Beginners Guide to Principal & Interest or Interest Only Home Loan Repayments” explores the options to give you better insight into the world of mortgages.

Lockdown in New South Wales and Victoria is again draining the supply of properties available while doing little to drag down prices.

Here are a few tips we found that can help homebuyers get a competitive edge in preparing for an property auction conducted online.

10 Tips To Win An Online Property Auction | Joust Blog Online auctions are relatively new for buying and selling property. Read our 10 tips on how to be successful at an auction and win the house of your dreams!

In an overheated market with a lack of stock and a surplus of FOMO, a growing trend of agents are asking for “blind” bids before an auction, while refusing to divulge the size of other bids, in a practice that’s not illegal but which has been likened to being forced to “throw a dart at a dartboard”.

Joust has always - and always will be - on the opposite spectrum where we believe transparency is paramount in helping buyers and refinancers achieve the best result for your home loan.

Learn how our transparent reverse-auction platform can help you get a lower home loan rate at https://www.joust.com.au/instant-match.

Home buyers frustrated at calls for blind bids as Australian house prices soar Three days before the auction for a house Tony had set his heart on, he received a startling phone call. It was not illegal, but was a bit like being forced to “throw a dart at a dartboard”.

Recent research has found 40% of Aussies have little to no knowledge when it comes to understanding financial terms used in the mortgage industry.

The research found only 24% of respondents said they know a lot about "comparison rates", while only 10% said they have a "perfect understanding".

This is where Joust can help... Instant Match aims to simplify the process in finding the most suitable home loan product, for specific customer needs, through an easy-to-answer questionaire that can help you connect with a lender or broker to help you through the entire home loan process, in under 3 minutes.

Visit https://www.joust.com.au/instant-match to learn more.

Research Source: https://www.mortgagebusiness.com.au/breaking-news/15688-aspiring-homeowners-in-the-dark-on-terminology-ubank

Aspiring home owners in the dark on terminology: UBank A survey has found that those who are yet to buy property have little to no knowledge about home loan products and terms like LVR, LMI and negative gearing.

Over the past month, lenders across the country have collectively made 85 cuts and 40 hikes to fixed and variable mortgage rates.

While lenders have made a flurry of cuts to 2- and 3-year fixed rates in the last month, there has been an increase in the number of lenders hiking 4-year fixed rates with 11 lenders raising their 4-year fixed rates, including CBA, Bendigo Bank and Aussie Home Loans, while only two have cut them.

Home loans: Lenders are busy cutting rates as RBA holds firm There was no action at Martin Place, but lenders have been busy cutting rates. Here's what to to bear in mind when refinancing your mortgage.

If, by mid-2021, the Reserve Bank has no more three-year government bonds to buy, it can no longer influence (or put downwards pressure) on the benchmark yield for the banks' fixed mortgage products.

Fixed interest rates may have reached rock bottom, say economists If the Reserve Bank has no more three-year government bonds to buy by mid-2021, it may no longer be able to put downwards pressure on the benchmark yield for banks fixed mortgage products.

"Interest rates are low [and] they're going to stay low... There are very large government incentives for first home buyers, and housing prices really across the country are no higher than they were three years ago... So for a first home buyer with income security, I think it is a good time to buy."

RBA governor says it is a 'good time' for first home buyers Reserve Bank governor Phil Lowe has told a federal parliamentary committee that first home buyers are taking advantage of record-low interest rates and government schemes such as the Federal Government's HomeBuilder grant.

Fixed rate home loans are at their lowest ever. One of the most popular asked questions by borrowers now is whether it’s a good idea to choose a fixed-rate home loan.

Should I consider a fixed-rate home loan? | Joust Blog See the pros and cons of a fixed-rate mortgage to see if it’s right for you.

Fixed rates over four years have now fallen decisively below 2% – a staggeringly low rate that has never before been seen in Australia.

At the same time as the big four banks were trumpeting their new, low fixed rate loans, there was deathly silence about when the RBA cut would mean for existing borrowers on variable rate loans.

To fix or not to fix, that is the housing loan question One of the more interesting market responses to the Reserve Bank’s decision to cut the official cash rate to just 0.1% is the growing rift between fixed and floating home loan rates.

What do you do when our biggest players aren't playing the game properly? Do you choose to continue to play the same game?

Switching home loans may be easier than you think. Even more so if you have equity built up and not locked into a fixed term loan.

See how much you could save in under 3 minutes - https://www.joust.com.au/instant-match

Nearly one in 10 Australian mortgage holders have taken advantage of the record low interest rate environment and are choosing to refinance their existing mortgages.

Aussies smart move for cheaper home loans

Did you know by securing an interest rate just 1% lower than your current rate, you could easily save well over $5,000 in just 3 years?

Switch to a lower home loan interest rate in less than 3 minutes. Create your free loan profile to get connected to a better home loan.

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No one is going to ring a bell when the market bottoms, but in certain segments of Australia’s capital city property markets we are already passed the bottom and property values are slowly but steadily increasing.

A perfect storm is brewing in Australian property This property expert's view on what's ahead for the Aussie housing market has changed.

A great analysis by showing there's really no such thing as a free lunch. The real cost from accepting a refinance cashback offer may mean you end up paying more in the long term.

Cashback home loans soar since COVID-19 – but are they worth it? There are now 29 lenders offering cashback deals of up to $4,000 for the average homeowner looking to refinance their mortgage – a new record.

The rules haven't change. If there's a will, there's a way.

1. Shop around for rates and lenders
2. Search for lenders through a variety of sources
3. Ask about fees
4. Stick to your safety standards when you can

Better yet, use Joust Instant Match - https://joust.com.au/instant-match and kill 2 birds with 1 stone (No birds are harmed in this post).

4 tips for refinancing your mortgage during the pandemic, from homeowners who just did it Securing low rates and fees is important, but you should also be sure you're comfortable with how the lender is conducting business during COVID-19.

House prices rise on 'turn in market sentiment', but Sydney and Melbourne left out House prices fall nationally over September, but rise everywhere except the two big markets of Melbourne and Sydney.

What does taking on the government's First Home Loan Deposit Scheme really mean for you during the current economic climate?

Is buying property with a 5 per cent deposit risky during a recession? Aussies hoping to saddle themselves with the maximum debt under the federal government’s First Home Loan Deposit Scheme have been warned to treat the property ladder leg-up with extreme caution.

Find a better home loan in an instant with Joust Instant Match.

Instant Match uses our unique technology to immediately match and connect you with the top three home loans that meet your needs.

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Australia's leading home loan marketplace | Joust Joust has revolutionised the way Aussies access a better home loan by giving power back to you - the consumer.