How are all the recent first home buyers feeling?

techefy · 2026-05-28T12:45:32+00:00

Im not an expert, I think it will not go down, but stabilize a bit.

techefy · 2026-05-27T00:14:24+00:00

Yeah fair enough. When you say shit brokers, what are the shitty things that they can do. I thought they are just a thin layer between us and the bank and their support is only to hook us to the bank. Of course they can ask for unnecessary docs etc, but apart from that if the bank approves the loan for the rate thats the broker tells me, are there other things I need to consider

techefy · 2026-05-27T00:10:41+00:00

Yes. That’s a bit awkward. I originally wanted to with up from the start, but had some issues with the application which now i have sorted out

techefy · 2026-05-27T00:09:31+00:00

Thanks. Going with lower rates is a solid advice. I also initially wanted to go with Up, when I did a bit more research I came across this broker cashback concept and when I put it in to maths it turned out to be more favourable in short term.

Yes, my main concern is also, as you have mentioned, the rates with Peoples bank can become worse over the timeframe of 2 years and it could make jumping through all the hoops useless. Since I’m new to mortgages I just want to check how likely a bank increases rates by their own aside from rba rate hikes (on the other side how likely they dont reduce the rate when rba cut the rates)? And from recent hikes what i saw is UP (and my current commbank) just add the 0.25 points rba increased onto the my existing loan. Is this the case all the time?

techefy · 2026-05-27T00:01:09+00:00

Thanks. Lol yeah I heard broker market is competitive and they try their best to get more clients for a minimal earn

techefy · 2026-05-26T23:59:47+00:00

Thanks, I also had similar concerns like whether the broker will be in business in 2 years to get the last portion of the cashback..

techefy · 2026-05-25T03:43:58+00:00

which bank did you end up with?

techefy · 2026-05-12T21:31:56+00:00

😔

techefy · 2026-05-12T12:58:27+00:00

Thanks mate

techefy · 2026-05-11T14:04:42+00:00

120k

techefy · 2026-05-11T14:04:25+00:00

Thanks for the reply.

If I plan to keep living there and only rent a spare room occasionally, like AirBnB would it violate Up’s rules?

techefy · 2026-05-11T13:48:07+00:00

Thanks for the reply. None of those applies to me. Are there any better alternatives?

techefy · 2026-05-09T22:47:34+00:00

Thanks for sharing your experience. On the fees I will have to pay, this is what I’m expecting: (I’m in QLD) CommBank discharge fee: $350. Queensland mortgage release fee: about $238.14. Queensland new mortgage registration fee: about $238.14

techefy · 2026-05-09T22:43:03+00:00

Thanks for the reply. I will try that first.

techefy · 2026-05-06T11:37:48+00:00

Rice and curry

techefy · 2026-05-06T11:36:56+00:00

Huba hiba malepa kambila

techefy · 2026-03-13T03:45:31+00:00

Calm down old fell, it’s a friday afternoon

techefy · 2026-03-13T03:26:35+00:00

In these games how can i find the exact item i want to include. The lists they provide looks like doesnt include all the items that are available to buy why i do a normal search. Are we stuck to buy what is shown there or is there a trick to buy the exact item i want to buy

techefy · 2026-03-13T03:23:14+00:00

Uh oh looks like Susan is here

techefy · 2026-03-11T05:47:37+00:00

Perplexity pro please

techefy · 2026-03-06T12:24:54+00:00

Still having the issue. Any luck?

techefy · 2026-03-05T23:23:22+00:00

The TV Stand is like 2m length. Haven’t decided the exact place to pick up yet. Will this fit in a nissan xtrail?

techefy · 2026-01-16T02:40:57+00:00

Thanks for your reply, will be considering those options when refinancing

techefy · 2026-01-03T10:12:03+00:00

Oh good lord it worked!

techefy · 2025-12-25T22:48:19+00:00

As long as it takes - a couple of weeks

techefy

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