Aussie homeowners may have to spend an extra $107,500 on their mortgage after interest rates hikes in the past year. New research from banks revealed mortgagees will pay an additional $3586 a year on their home loan repayments after the
Welcoming a new baby is a time of joy – and big changes, including financial ones! If you’re navigating Australia’s Paid Parental Leave scheme and wondering how it affects your home loan, here’s what you need to know: 1️⃣
More and more Australians are turning to property investment, new analysis has revealed. CoreLogic’s head of research, Eliza Owen, found that the number of investors entering the market was exceeding the number exiting, by comparing home loans data with listings
Are you considering renovating? If so, you’re not the only one, because renovations are incredibly popular, with homeowners investing $2.84 billion on alterations and additions in the June 2024 quarter, according to the Australian Bureau of Statistics. Typical costs range
To maximise your chances of qualifying for a business loan, and on the most favourable terms, you’ll need to reassure lenders of your ability to remain profitable and repay the loan. That’s why lenders will pay close attention to
A reverse mortgage is a financial product designed primarily for older homeowners, typically aged 60 years and above, allowing them to convert part of the equity in their home into cash. This type of loan is secured against the borrower’s property and
In the journey of homeownership, one of the most crucial steps is obtaining a purchase pre-approval. This process not only enhances your credibility as a buyer but also streamlines the home buying experience. In this blog, we will delve into
Buying a home in Australia’s competitive market? You’re not alone! Property buyers are facing stiff competition across the country. But how can you boost your chances of securing your dream home? Here are five crucial tips to help you stand
The average borrower is taking out a $636,209 home loan, with loan sizes ranging significantly in specific states, based on mortgage data from the Australian Bureau of Statistics. Check out the chart below for the figures: Regardless of
Bushfire and storm season is here, so it’s essential to take steps to safeguard your home. Here’s what you can do: Protecting Your Home from Bushfires Clear Flammable Items: Remove dry vegetation and flammable items around your property to
