Shopping around for a home loan can be time-consuming and stressful – so many lenders, so many loan features, so many rules. But what difference does a broker make?
We take a round-the-nation look at the latest changes to first home buyer grants and concessions.
Tasmania, the ‘Apple Isle’, is proving to be a popular pick among property investors due to the reversal of long-term trends maximising investment opportunities.
More than two thirds of Aussies aspire to own their dream home. But what do you do if you’re ready to buy and you can’t quite afford the dream?
If you and your home loan have notched up a few years together, it’s worth checking you’re still right for each other.
If you’re already a homeowner, the rising value of property in most parts of Australia is likely to be something you’re celebrating. But for many would-be buyers, renters and parents, rising costs and lower affordability are a source of enormous frustration.
Know your banks from your building societies? Don’t worry, you’re not alone. We’ve clarified a few things with a panel of our Aussie Brokers – professionals who deal with lenders, day in day out.
The average first home buyer’s loan in Australia is over $315,000 which means to save for a 20% deposit sometime in the next decade you may need to put away a few hundred dollars a month. Savings accounts are still the most popular way for Aussies to save money but with interest rates at historically low levels the returns can look pretty meagre.
Despite predictions of a slowdown in the growth of Australian property prices in 2017, the double-digit percentage increase in market values over the last year shows no real signs of easing.
South Australia has moved on from a state renowned for sheep, wheat and wine, to one that has become a lucrative environment for property investment.