The impact of the fixed-rate cliff on the Australian housing market
For those who took out the fixed-rate 2 or 3 years ago in the low 2% or high 1%, those fixed rates are ending in the next 3 to 12 months.
New NSW stamp duty reform to make homeownership more affordable
NSW government has increased the stamp duty exemption cap to $800,000, allowing first-home buyers to avoid paying stamp duty on properties priced below $800,000
What is the Regional First Home Buyer Guarantee?
The Regional First Home Buyer Guarantee (RFHBG) will be available to help first home buyers living in regional Australia achieve their dreams of home ownership.
First Home Buyers Schemes & Grants for 2023-2024
The Home Guarantee Scheme (HGS) is a government initiative designed to support first-home buyers and single parents in buying their homes sooner. The scheme is administered by the National Housing Finance and Investment Corporation (NHFIC). There are two guarantees available under the Home Guarantee Scheme – First Home Guarantee and Family Home Guarantee.
How do business owners get a home loan?
It is daunting for business owners who need to provide a lot of documentation to prove their business income. Here are tips for anyone who owns a business
Alt Doc Loan: A guide for self-employed borrowers
Alt doc loans allow borrowers to prove their ability to service a loan using alternative forms of documentation, such as bank statements, declarations
Which comes first: property or loan?
Before you start your property search, you need to determine if you’re eligible to borrow money from a lender. Your ability to repay the loan will be assessed
How to prepare for rising interest rates?
With the rise in the cash rate, the big four banks passed the .25% rise to its borrowers. So what should you be doing today to help you ride through the future rate rises expected this 2022?
How high will the interest rates rise in 2023?
Australians should start preparing for a further rise in interest rates in 2023. Higher inflation is putting pressure on the budgets of most households.
Ways to cut your expenses and increase your savings
On top of a budget, a savings plan, and strategies such as a high-interest savings account, an effective way to save is to reduce or eliminate expenses.