Non-bank lenders can fill the void for borrowers amid rising interest rates: Bridgit
Bridgit is expecting mortgaged homeowners to look away from the big banks to help ease the pain of rate rises.
Fintech bridging loan specialists, Bridgit raises $7.7 million to strengthen revolutionary Buy Now Sell Later product
Bridgit has secured $7.7 million in its latest equity funding round co-led by OIF Ventures and Perennial Partners, to help scale its bridging loan product.
Australian proptechs pick up awards at the Australian FinTech Awards 2023
The 8th annual Australian FinTech Awards 2023 were held in Sydney last Thursday night, with several Australian proptechs picking up awards.
Finance expert predicts older Australians will downsize sooner and a younger demographic of ‘downsizers’ will emerge in 2023
Consecutive interest rate rises, cost of living and the highest levels of inflation is putting pressure on households, but it is also providing an opportunity for older homeowners to re-assess their financial position.
1 in 3 homeowners missed out on a property due to slow financing
Concerning new research reveals a third (35 per cent) of homeowners missed out on property opportunities while waiting for finance approval.
Aussies spend an average of $8300 on temporary living if they don’t secure their next property before selling
Many Aussie homeowners are forking out thousands of dollars on temporary living accommodation before moving into their new home.
