While it looks like low interest rates are here to stay for a while, the broader economic impact of COVID-19 is being felt around the country. Under the current circumstances you may be thinking about reviewing your loan arrangements. Perhaps your circumstances have changed since first taking on the loan […]
Is your loan working for you? Read More »
If your New Year goals include buying your first home, even though you’re finding it impossible to save for that ever-increasing deposit, you’re not alone. Many people ask us if they can get a home loan with zero or a very small deposit. The answer is a qualified ‘yes’. As
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Investing with borrowed money can be risky, but it’s all about timing. Using borrowed money to boost your investment strategy isn’t something that you should consider lightly, but that’s not to say it doesn’t work. Wealth Within chief analyst Dale Gillham told nestegg said that borrowing money to invest shares
Borrowing money to buy shares: When is it worth it? Read More »
Cost and location can play in favour of first home buyers when it comes to apartments. Even in a low-interest environment, the high asking price can naturally lead first home buyers to consider investing in an apartment as an alternative. Speaking to nestegg, Upside Realty director of sales James Kirkland said
Why first home buyers might want to consider an apartment over a house Read More »
When people think of buying an investment property, many only think locally. Investing in a property interstate could possibly be a smarter idea, potentially resulting in a better return on your investment. it may also be a potential way to snaffle a bargain. You could be buying into an area
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The Morrison government is shoring up its schemes to improve housing affordability ahead of the federal election. Another 4,600 places will be offered to first home buyers looking to take advantage of the federal government’s New Home Guarantee scheme. Speaking at a joint press conference with Prime Minister Scott Morrison
Federal government adds another 4,600 places to New Home Guarantee scheme Read More »
There are certain things to look out for when selecting and applying for a loan for your investment property. Here we look at the main differences, the most popular loan types, and how to get the best mortgage for your situation. Interest-only, fixed, variable, offset – finding the investment home
Your guide to investment property loans Read More »
When you’re looking for a home loan, you could go to a finance broker or to a bank. While a bank will only offer you its own products, a finance broker is an industry expert who will take the guesswork out of finding the mortgage product that suits you and
Finance Broker Or Bank? Read More »
The array of mortgages available helps a good finance broker to tailor a package to suit your needs. Here are just some of the options. Fixed-rate mortgages With a fixed-rate loan, you know exactly how much you’ll pay per fortnight or month for the fixed period of the loan (usually
What Type Of Loan Is Right For You? Read More »
So when should you refinance your mortgage? Whenever it makes financial sense to do so. Heard about mortgage refinancing? In the past, most people who took out a mortgage doggedly continued with it until they had paid it off. These days, people refinance their mortgage much more frequently. Here we look
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Even first home buyers can get cold feet about stepping onto the property ladder. Not every first home buyer who bids their way to top at auction sees the process through, but if you change your mind, it can be helpful to know what your options are. It’s a harsh
A first home buyer with cold feet? Read More »
Macroprudential measures aimed at cooling the property market are expected to affect single income earners the most. High debt-to-income lending has become a major focus of regulators, with restrictions expected to be introduced in the coming months. BuyersBuyers co-founder Pete Wargent suggested that new lending restrictions would be detrimental to
Singles to bear the brunt of new lending restrictions Read More »