The official cash rate may be holding firm but your home loan interest rate could start to climb. Here’s why.
When you’re saving for a place on your own, it can feel like a hard slog to grow a deposit. But it is possible! It may mean some short term sacrifices, however, property prices are down in a number of cities, and interest rates are still low so it can be a good time to get into the market.
Property is a favourite investment among many Australians, but is it the right choice for you? Here’s what to weigh up.
Investing in property can be an intimidating prospect, particularly if you’re new to the investment game. We asked a host of experienced Aussie investors to share their secrets to success – and the mistakes to avoid at all costs.
Buying a first home can seem especially challenging when you’re renting but maintaining a steady rental history can help you into a place of your own.
Getting ready to buy a first home is an exciting time, and it’s possible to streamline the journey by bringing six key pieces of information to your first meeting with an Aussie broker.
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.
In March 2017, the Australian Prudential Regulation Authority (APRA) announced new measures around residential mortgage lending in order to curb investor borrowing.” These industry-wide regulatory changes apply to all lenders in the industry and potentially all property investment loans.
Securing your first home can sometimes feel like a distant possibility. Aussie asked the experts for advice on staying motivated while you save your deposit and what you can do to be ready to make your move.
As house prices remain high in most major Australian cities, sharing a mortgage with friends has become a viable means to enter the property market. Could it be the right move for you?