News/Blog - Engaged Finance

Latest Blog

Are you a mortgage prisoner?

3 October 2023

What is a mortgage prisoner? A mortgage prisoner is someone who finds themselves trapped in their current mortgage deal and is unable to remortgage or switch lenders due to various reasons, such as changes in financial circumstances or stricter lending criteria. How does it happen? Australia’s mortgage market has undergone

Read more

Making home equity work for you

26 September 2023

When you enter the property market or transition from your first home to another property, it’s important to pay attention to the value of your house, townhouse, or apartment. The equity in your home is the difference between the current value of the property and what you still owe on

Read more

Working out how much to borrow when buying property

19 September 2023

The Reserve Bank of Australia (RBA) increasing official interest rates 12 times since May last year – taking the cash rate from a record low 0.1 per cent to 4.1 per cent – has not only had an impact on existing mortgage holders but made life more difficult for those

Read more

Useful tips for buying an investment property at auction

12 September 2023

Investing in property can be an exciting and profitable venture. One way to acquire investment property is at auction. Auctions offer buyers the opportunity to purchase a property quickly and at potentially lower prices than the traditional market. However, buying an investment property at auction requires some knowledge and strategies

Read more