• Accru Blog Banner

    Financial and Business News

  • Lending

    A Pre-approval – for any purpose – must be reliable

    June 23, 2021

    Move forward with confidence with a pre-approval A pre-approval for purchasing property can be an important step in the process. There are many steps before purchasing a property, from saving for the deposit through to researching interest rates and choosing a neighbourhood. However obtaining a loan pre-approval is one of the most important steps of […]

    Read more

  • Lending

    The real cost of selling your home in 2021

    February 17, 2021

    You’ve saved your deposit, you’ve scoured property listings and found ‘the one’, it’s time to sell your house and move on. If only it were as simple as it sounds. Your home is likely your most valuable asset, so of course you want to get the best possible price for it. Though on the surface, […]

    Read more

  • Lending

    Options for First Home Buyers With Minimal Deposit

    December 9, 2020

    Buying a house is a new and exciting experience for first home buyers; however, saving up that big deposit and getting a loan can be a cumbersome, time-consuming task. Traditionally, banks require a 20% deposit based on the cost of the home to consider lending money to a home buyer. And often, first-time home buyers […]

    Read more

  • COVID-19 payments - Accru Melb
    Lending

    5 options for those struggling to pay their mortgage during COVID-19

    September 7, 2020

    Most options are expiring in September but what comes next? The COVID-19 pandemic has caused devastating economic downturns across the globe, as entire economies shuttered to help slow the spread of the deadly virus. Here in Australia, the jobless rates surged to a 19-year high, with more than a million people losing their jobs. The […]

    Read more

  • Fixed loan - Accru Melbourne
    Lending

    Given record low interest rates – is it a good time to fix my loan?

    July 6, 2020

    Interest Rates are at record-low levels. Should I fix my loan? Global economists agree: The COVID-19 pandemic represents the largest economic shock to the world economy in decades. Released in early June, the World Bank’s Global Economic Prospects envisions a 5.2 per cent contraction in global Gross Domestic Product (GDP) in 2020. It reflects what […]

    Read more

  • First home loan deposit scheme - Accru Melb
    Lending

    All you need to know about the First Home Loan Deposit Scheme

    February 10, 2020

    Making the Australian dream come true for first home buyers. The ultimate Australian dream is to own a home. With this in mind, the Australian government introduced the First Home Loan Deposit Scheme (FHLDS). This program provides a guarantee that will enable low and middle-income earners and first home buyers to buy a house using […]

    Read more

  • Lending

    Is Australia’s housing market on the road to recovery?

    December 6, 2019

    The Australian housing market is on the upswing. The Australian housing market has been on a downward slide since 2018 when the market dropped to historic lows. From January to December 2018, Australia’s capital cities saw housing prices fall by an average of 5.1%. Sydney and Melbourne seem to be the two most affected cities […]

    Read more

  • Lending

    Your 5 Step Checklist to Refinancing

    November 14, 2019

    With interest rates at all time lows, it’s time to review your mortgage! Ensure you are paying the lowest possible rate on your mortgage with less stress and more money! Our Lending Specialists can help save you thousands by following these 5 simple steps set out below. Refinancing Checklist 1. Gather information to find the […]

    Read more

  • Lending

    Another rate cut, another record low – what does this mean for you?

    October 23, 2019

    What a rate cut could mean for your financial plans. As the economy continues to resist government efforts to reinvigorate its growth, the Reserve Bank of Australia enacted another rate cut. The latest action brings down the rate to a record low of 0.75 per cent. Banks, investors, the real estate industry and others will […]

    Read more

  • Loan calculator
    Lending

    The importance of obtaining a reliable pre-approval

    August 19, 2019

    Move forward with confidence with a pre-approval There are many steps before purchasing a property, from saving for the deposit through to researching interest rates and choosing a neighbourhood. Obtaining a loan pre-approval is one of the most important steps of all, with this simple yet critical process being a necessity prior to house hunting […]

    Read more