The Australian government is expecting to launch the Help to Buy scheme in 2024, which aims to assist low and middle-income earners in achieving their homeownership goals.
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10 First Homebuyer Lessons to Teach Your Children
Buying a first home can be an exciting yet daunting experience for young Australians. As parents, we want nothing but the best for our children, which includes seeing them step into the property market and invest in their future.
5 Reasons Why You Should Regularly Review Your Mortgage
When it comes to investing in our homes, Australians know it’s a big decision. With numerous options for home loans from banks and non-bank lenders, it’s easy to feel overwhelmed when trying to find the most cost-effective way to reduce your mortgage repayments. That’s why having an annual mortgage review is a good idea and here are 5 reasons why.
Your options when buying and selling property at the same time
Buying or selling a home is a major undertaking, and there are many variables that can complicate the process. If you’re looking to do both simultaneously, it’s important to be well-informed and well-prepared to help ensure a successful outcome.
10 Factors Affecting the Property Market
For investors in the property market, staying informed is essential to navigating the ever-changing landscape of real estate. From fluctuations in interest rates to changes in demand for rentals and everything in between, there are countless factors that can affect your investment decisions. Keep reading to get an inside look at how these influences shape buying and selling opportunities – with just a little bit of knowledge, you could make all the difference when it comes time to invest!
Pre-Paying Interest Can Lead to Big Savings on Investment Properties
If you own or are looking to purchase an investment property, pre-paying your interest can be a great way to save money at tax time. You’ve probably heard this tip before, but do you know how it works and why it’s so beneficial? Let’s look at the ins and outs of pre-paying your interest on investment properties.
What is a Guarantor on your Home Loan?
If you’re a first-home buyer, you may have heard the term “guarantor” used in relation to home loans. But what exactly is a guarantor? In short, a guarantor agrees to cover the repayments on your home loan if you cannot make them.
The Property Settlement Process Explained – Key dates, Timelines and Special Conditions
From exchanging documents to paying deposits to applying for a mortgage, understanding key dates and timelines is essential in making sure all aspects of your real estate settlement are handled correctly. This article will provide an overview of the property settlement process.
Financing Your First Home, Explained
Purchasing your first home is a major milestone...
Understanding Your Loan Options
Most people don’t realise that they have options when it comes to their loans.
If you’re looking to take out a loan, you can do a few things to ensure you secure a competitive option.
Why Your Student Loan Can Make It Harder To Get A Home Loan
You might not realise that taking on HECS-HELP debt can make it harder to qualify for a home loan and reduce your borrowing capacity.
Updates to the First Home Buyer Deposit Scheme
First home buyers can now save their deposit even faster after the First Home Super Saver Scheme savings threshold was increased from $30,000 to $50,000.
Preparing for a Mortgage Rate Rise
The Reserve Bank has said it will increase the cash rate at some point. When that happens, banks generally pass the rise over to consumers who experience a mortgage rate rise. So what can you do to prepare?
Government Boosts First Home Buyer Support
An extra 4,651 first home buyers will be able to access federal government assistance during the 2021-22 financial year.
The government had originally pledged to support 20,000 first home buyers this year – 10,000 under the First Home Loan Deposit Scheme and 10,000 under the New Home Guarantee.
What Assistance Is a First Home Buyer Entitled To?
Buying your first home can be overwhelming. Not only do you need to decide on the type and location of your property, but you also must understand how to finance it!