No matter whether you’re in the market for a home or an investment property, it makes financial sense to buy in an area where values are tipped to rise. But where to look? Today we’ll unveil the Australian cities where population growth is tipped to turbo-charge the property market. One of the biggest drivers of…
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Not sure what refinancing is all about? You’re not alone. Our quick explainer lets you master the basics and helps you work out how much you could save. Home loan refinancing is a hot topic right now. Ever since interest rates hit an upward trajectory in May 2022, skyrocketing numbers of homeowners – as many as…
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Know anyone who wants to buy their first home? A new report confirms that low deposit schemes are getting younger buyers into a place of their own sooner. First home buyers are ignoring headlines warning that it can take years to save a deposit. Instead, they’re flocking to guarantee schemes that allow them to get…
Read articleThe decision between buying and renting a home is one of the most significant financial choices you’ll make. In Australia’s dynamic real estate market, both options have their advantages and considerations. Let’s explore the key factors to help you make an informed housing decision that aligns with your lifestyle and financial goals. Buying a Home:…
Read articleInvesting in property is a time-tested strategy for building wealth in Australia, offering potential financial stability and long-term growth. Whether you’re a seasoned investor or just starting, here are some valuable tips to help you navigate the Australian property market effectively. 1. Define Your Investment Goals: Before diving in, clarify your investment objectives. Are you…
Read articleFor many aspiring homeowners in Australia, the path to property ownership may involve navigating the concept of Lenders Mortgage Insurance (LMI). While it’s an added cost, LMI can be a helpful tool for those who don’t have a 20% deposit saved up. Let’s dive into what LMI is, how it works, and whether it’s the…
Read articleOne of the crucial decisions you’ll face when securing a home loan in Australia is whether to opt for a fixed or variable interest rate. Each option offers distinct advantages, and your choice can significantly impact your financial stability and long-term goals. Let’s explore the differences and help you make an informed decision. The Stability…
Read articleAre you dreaming of owning your own home in the land Down Under? Australia offers a vibrant real estate market with diverse opportunities, but diving into the world of home loans can be a bit overwhelming, especially for first-time buyers. Let’s shed some light on the key factors to consider. Understanding the Australian Market: Australia’s…
Read articleLoan to Value Ratio (LVR) is a complicated term that even financial institutions can have trouble simplifying. At its core, it is a measure of how much of your property’s value you do not have debt against. It is a calculation of your loan balance divided by the assessed value of your property. For example,…
Read article“Unlocking the Power of Pre-Approval for Your Home Loan” When it comes to securing your dream home, pre-approval is the key that opens doors to a world of advantages. Here are three ways pre-approval can give you the upper hand in today’s competitive market: 1. Budget Confidence: With pre-approval, you know precisely how much you…
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