The dream of home ownership is common, but latest data suggests that most Australian potential home buyers don’t understand key financial concepts. This knowledge is powerful when looking into buying a home. So learning key terms will prove helpful. Recent data from UBank’s Know Your Numbers survey found that 84% of Australians Read more…
The Commonwealth Bank has just announced an increase of its three-year fixed rate for owner-occupiers. If you’ve been thinking about fixing your interest rate, it could be high time to do so. I do not typically write about specific banks and their specific products, as each will work differently for Read more…
Consumer sentiment is on the up, confidence in the housing market is surging and the number of experts tipping a Melbourne Cup Day cash rate cut is increasing. Let’s look at why we have that optimistic sentiment: The magic of spring is back! Houses look nicer in the light of Read more…
You must have heard in the news that ‘responsible lending laws’ are set to be scrapped early next year. Rest assured though; you’ll still be able to borrow responsibly. Let us explain how: The federal government’s plan to scrap the responsible lending laws is their latest key initiative to boost economic recovery Read more…
The National Housing Finance and Investment Corporation (NHFIC) has announced a historic First Home Loan Deposit Scheme (FHLDS), and it represents arguably the best time in recent history for first home buyers to enter the property market. What is the First Home Loan Deposit Scheme (FHLDS)? The FHLDS will allow for first-home Read more…
Thinking of upgrading your home? You may need a bigger house for a growing family, a more convenient location, a change of lifestyle or all of the above. But there are important steps to consider before committing to this. Let?s start with the first: sell now, or sell later? Why Read more…
Alex K was running out of time. As a doting dad, he only wanted the best education for his daughter. That meant going to the best school possible. But Alex had a problem. He knew he had to move closer to the city to make that dream for his daughter Read more…
We have good reason to be optimistic about the property market as we enter 2020. Just as I predicted, 2019 ended on the back of some massive growth nationwide that has once again been led by Australia?s two biggest cities. Buyer confidence is up. Expect to see a lot more people Read more…
When Aaron sold his Glen Iris apartment in late 2018, he sought an upgrade to a standalone house in a more family-oriented area. His original plan was to have bought a new home by early 2019. However, his dream of a stress-free house hunt wasn?t going to plan. “We made Read more…
Doom and gloom. That was a popular sentiment earlier this year for the then declining house values throughout Australia. But six months on from May’s low point, the latest CoreLogic Report shows the market has recovered and prices are on the up. Here are the five key points you need Read more…