Latest Category: Financial

Financial

RBA Cuts Interest Rates to a Record Low

The Reserve Bank of Australia revealed that its interest rate has been cut by 0.25%. This takes the interest rates to a massive low of only 1.25% for 2019. While this is the first major change that the RBA has made to its policy since 2016, it was a result that many experts have seen

Financial

What You Need to Know Before Applying for the First Home Loan Deposit Scheme

The First Home Loan Deposit scheme provided by the Coalition has the potential to save first-home buyers a lot of time-saving up for a 20% deposit. However, taking this strategy could also lead to more expenses for the buyer in the long-term too. When you get down into the real numbers that homeowners face on

Financial

Slump in Housing Prices Slowing, According to Core Logic

Overall, the value of homes across various regions of Australia has been lower than usual lately. However, in May 2019, the statistics started to turn, according to Core Logic, with the rate of declines easing to a slower pace. At a national level, the value of homes went down by only 0.4% in May, which

Financial

Why Are Owner Occupier Loans More Affordable

Home loans will fluctuate considerably depending on whether you’re buying a property to live in or purchasing one as an investment. As you can probably guess, the difference between owner-occupied residences and investment properties comes down to intended use. When you’re buying a home or apartment you intend to be your personal home, it’s called

Financial

Everything You Need to Know About Home Loan Interest Rate Discounts

When home buyers and investors start out on their property journeys, they can sometimes feel a little lost and confused when deciding on which mortgage is right for them. In today’s loan market there are a huge number of mortgage options, each slightly or dramatically different from the last. When applying for each home loan,

Financial

What to Expect for the 2019 Melbourne Real Estate Market

Melbourne’s property market looks to continue in the same direction for 2019, with another year of modest price falls, red tape on borrowing money and a continuing rise of housing developments appearing in the outer Melbourne suburbs. Experts are hoping the city’s surging population will put a floor under the declines as more new residents

Financial

To Fix Your Interest Rate or Not to Fix

A fixed rate home loan means your loan repayments will be charged at the same interest rate for a given period, generally this time frame is 1 – 5 years, but longer fixed rate terms do exist. After this period, the rate will revert to a variable rate, unless you enter into another fixed-term contract.

Financial

Retire Early with ASX Dividends

It’s the Australian dream to finish work early and enjoy financial freedom after a strenuous-working career. Although the numbers really are not complex many struggle with the idea of financial independence being achievable. With that in mind, here are a few simple steps to retire early and live off your ASX dividend income. Step 1.

Financial

8 Ways to Slash Your Property Tax Bill Before the End of Financial Year

The end of financial year can bring a bit of stress to new investors, after all simply mistakes can be costly and trusting the wrong person can leave you with a bad taste in your mouth. With a few years of experience and the right guidance, this stress will become a thing of the past

Financial

What Conditions and Restrictions Apply to Apartment Loans

Banks are always looking to reduce risk. Some are willing to gamble more than others, but every lender will opt for the conservative route when possible. Let’s look at the worst case scenario, if something were to go wrong and you are unable to pay back the loan on your apartment, the lender would want

Sign in to see your favourite properties

Save your favourite properties and access them anytime. Your shortlisted properties will appear on this page.