News/Blog - Engaged Finance

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No cashback? A broker can find you a deal

6 June 2023

While many of the big banks have announced they will discontinue cashback deals, the mortgage market remains competitive, and a broker remains the avenue for a home loan customer to find a top deal. Cashback deals are where the lender pays a borrower a sum of cash – usually between

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Brokers ready to help borrowers facing a mortgage cliff

30 May 2023

According to the Reserve Bank of Australia (RBA), approximately 880,000 borrowers with cheap fixed-rate mortgages are facing a ‘mortgage cliff’ when their fixed-rate terms end this year. Having avoided the 11 rate rises imposed over the past year

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What you need to know about First Home Buyer Scheme Changes

23 May 2023

In an attempt to address housing affordability for first time buyers, the federal government has expanded the eligibility for the First Home Guarantee, the Regional First Home Buyer Guarantee, and the Family Home Guarantee schemes. While previously the First Home Guarantee and Regional First Home Guarantee schemes were restricted to

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Ways that your broker can help you secure extra cash

16 May 2023

With rising interest rates and high inflation, you may need that bit of extra cash to cover some of the spendings you’ve got on your checklist. Your mortgage broker can help you secure small, fast loans, including personal loans, vehicle loans, and renovation loans. Perhaps you need to book a

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