Low deposit scheme opens up to New Zealander visa holders
Kiwis hoping to buy a first home in Australia have just scored gold! The popular Aussie low-deposit home buying scheme has been opened up to visa holders from across the Tasman. Here’s what you need to know. Sure, the Kiwis have the All Blacks, the glaciers and landscapes fit for a Hobbit. But Australia offers […]
Is fear of rejection holding you back from your life goals?
Scared to apply for a home loan? You’re not alone. Fear of rejection has stopped one in five Aussies from applying for finance over the past year. We explain what’s driving this fear, and how you can boost your chances of getting approved. No one enjoys rejection. But despite this, there are plenty of times in […]
Can you remember your home loan interest rate?
Where you put your car keys, who won the footy premiership three years back, the new prime minister of New Zealand’s name – all very much socially acceptable things to forget. Your home loan rate shouldn’t be on that list. It’s a fair bet that your home loan repayments are one of your biggest household […]
Plot twist: Millennials are Australia’s most active property investors
When it comes to buying investment properties, younger Australians are punching above their weight, with Millennials taking the title as the nation’s most active generation for property investment. Investors are continuing to flock to the property market, with the Australian Bureau of Statistics saying the volume of new investor loans in February was 21.5% higher compared […]
Homeowners now an extra $71,000 richer (on average!)
You may not feel richer, but if you’re a homeowner, there’s a decent chance your personal wealth has surged over the past 12 months thanks to soaring property values. And it could open up a world of exciting possibilities. Sometimes you’ve just got to shake your head in disbelief at the resilience of the property […]
FOMO, FOBO and FOOP – how they can hold you back
Nobody likes missing out on a good thing. But then again, who likes overpaying? So how do you strike the right balance when both fears can work against one another? The property market rarely stands still. Interest rate movements, the number of homes listed for sale, and even the time of year can all drive […]
Explainer: how construction loans work
There’s something very special about moving into a newly built home or putting the finishing touches on a major renovation. Maybe it’s the look and feel of new paint and fresh flooring, or just knowing you’ve kicked a worthwhile goal. Whatever the motivation, plenty of Aussies are rolling up their sleeves right now, with the value […]
Why offset accounts are hitting new highs
Spare cash can be tight right now (cost of living crunch, anyone?). But if you’ve still got some savings plus a home loan, there’s a way you could make your surplus funds work harder. Ever heard of an offset account? They’re becoming an increasingly popular add-on feature to home loans, with new data showing that […]
How long does it really take to get a home loan?
Need a home loan in a hurry? You could be in luck. Plenty of lenders are keen to crunch loan approval times at present – but there’s a lot borrowers can do to potentially speed up the process, too. Finding a home to buy can take time, and when the right place comes along it […]
Where are the bargain homes located in your suburb?
Location may be a big driver of property prices, but in any given suburb a few streets can be all that separates paying top dollar for a home or potentially scoring a bargain. Here’s how to use a tool to find pockets of value in any given neighbourhood. Each suburb has its own median house […]
