For the month of January 2019 alone Australian Bureau of Statistics data shows housing lending in Australia almost topped $65 million. If you're thinking of getting on that ladder then it's essential that you plan your loan and repayments in a way most suitable to you and your needs. We've whipped
When you're young, home ownership seems impossible. Between HECS debt, low-paying jobs and the sheer financial wall to climb before you have a deposit, buying property can seem incredibly daunting. But as you go through life, it becomes more and more of a reality. As you reach the point where buying
Property investment is possible for anyone, not just the mega-rich. Everyday Australians with equity in their homes have already taken the first step, and the next is surprisingly easy despite how it may seem. Let's have a look at the simple logistics of taking the first steps towards investment with the
With lending tightening up and property prices on a slight decline, could staying put and ‘renovesting’ be the best option for home owners?
What is 'renovesting'?
'Renovesting' is another way to say, "improve rather than move". In lieu of selling up, property investors and homeowners may be looking to increase the value
Setting your New Year's resolutions is the easy part. It's actually following through on those goals that tends to be where a lot of us slip up. Now that we are in April here are three helpful tips for taking control of your financial situation this year.
Financial Tip #1 -
Being aware of your interest rate can save you money in the long term. As the official cash rate and other financial conditions change, it's possible that your interest rate is no longer the best it could be. Therefore, it's important to regularly review your mortgage. So, when exactly should you
The Reserve Bank of Australia (RBA) has announced that it will leave the cash rate on hold at 1.50% for another month. Governor Philip Lowe had this to say in his official statement: “Conditions in the housing market vary considerably around the country. Prices have been rising briskly in some
The stereo typical view of the office is an off-white
room, filled with beige furniture and other uninspiring
stuff that is nevertheless essential to the running of
your business.
So when you're looking for a new property, armed with
a new home loan, what should you look for to ensure
you get the best environment to
There are plenty of products out there for the aspiring first, second or umpteenth home loan seeker. But when you're buying from somebody else, you often have to make concessions. Maybe they aren't as close to the shops as you'd like, perhaps the property doesn't have enough bedrooms - even something like wanting
In your quest to find the right home loan, you might have
encountered the term "interest-only loan", and wondered
what it meant. To help you make an informed decision,
here's a quick rundown on what they are, what benefits
they have and what risks there could be. Interest and principal
Interest-only loans are different from standard
