The home loan application process can be long and complicated, especially for first home buyers. Fortunately, there are ways to make it easier. With so many steps involved, people often don’t know where to start when applying for a mortgage. In order to help streamline the process, here are four things you should keep in… Read more »
It can be tough to save for a home deposit, but it’s not impossible if you follow these five golden rules. We’ve always made big sacrifices for the security of owning our own home. So, the debate about whether buying property now is harder than it was in the past doesn’t really resonate with me.… Read more »
Welcome to Australia’s property market, it’s boiling hot with minimal signs of cooling down. According to data from CoreLogic, Australian capital city property values have increased by 26.17 per cent on average over the past five years. In Sydney, the average house price is predicted to skyrocket by $216,000 this year alone. As Australia’s property… Read more »
You’ve been saving hard for a deposit for your first home and reckon you’re just about ready to buy. But are you? It pays to remember the loads of extra costs of buying a home. In this week’s show, Sally Tindall from RateCity talked us through the many additional costs to look out for. Spoiler… Read more »
Budgeting, home loans, fixtures and furnishing, auctions and inspections, there is so much to consider when you’re buying your ‘dream home’. It can be easy to lose sight of the big picture. If you’re in the market buying your dream home, it pays to have a plan. Follow these steps and you’ll be able to… Read more »
Australians started borrowing again before Christmas, with the value of new home loans up by 4.4% in December (seasonally adjusted), while personal fixed term loans rose by 3.5% according to data released today by the Australian Bureau of Statistics. The value of mortgages to owner-occupier rose by 5.1%, an eight-year high, and 17.9% over the… Read more »
It can be exciting to find your ‘dream home’, but is it really a home you can afford? Many first home buyers quickly discover that their dream home has turned into a nightmare. That’s because they max their borrowing power to the hilt and then struggle to pay back their home loan. You don’t want… Read more »
