Should I Buy A House Now Or Wait?
Here are some reasons first home buyers are hesitating to buy a house: Demand for property from home buyers and property investors is high. There is so much competition in the market. Recent figures indicate that investors are making a return to the property market. Australian...
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bookmarkTags: buy home 2021, Credit Score, First home Buyer, first home loan deposit scheme, Home Loan
Best Refinance Rebate Offers In June 2021
Lenders offer refinance rebates as an incentive for borrowers to switch with them for their home loan. The competition among lenders to attract refinancers is high, and so they come up with bigger and better offers every chance they get. Some lenders have a minimum loan...
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bookmarkTags: cashback rebate, rebate, refinance rebate
Buying An Apartment Vs Buying A House In 2021
The price gap in buying an apartment vs buying a house in Australia has increased more than ever. For months, the property market in Australia has been witnessing a continued spike in demand for houses. The primary factor for the hike is the rise in work from home culture,...
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bookmarkTags: apartment, house, price hike, Property Market
Where Are The Investment Opportunities In Regional Australia?
In the past six months, the value of investor loans increased by 48.1%, compared with a 29.7% increase for owner-occupier loans. Investors are becoming more active in the property market. In the March 2021 quarter alone, investment lending for houses surged by 28.7%,...
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bookmarkTags: Investment Strategy, Investors, Property Investors
Property Still Booming, As Values Rise 2.2% In May
CoreLogic data shows that the home value index for May was up 2.2%. The rise in May was stronger than in April, when prices rose by 1.8%. However, the rise is still weaker than the 32-year-high recorded in March 2021, which was 2.8%. The combined capital city home values...
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Cash Rates Unchanged In June: Investors Moving In
The rapid surge in housing prices throughout 2021 hasn’t affected RBA’s stand on the cash rates. The bank held the cash rates at 0.1 per cent in June and is adamant that it will keep the cash rates low until at least 2023. This has helped in creating a property boom...
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bookmarkTags: Investment lending, property prices, RBA cash rates
Renovation Activity Picks Up The Pace Along With The Rest Of The Property Boom
Australia is undergoing a renovation boom. A record number of people are looking to upgrade their properties with the help of government incentives. Fixer-uppers, and even houses in need of a full rebuild, have been in high demand in the property market across Sydney, Melbourne...
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bookmarkTags: Renovation Loan, Renovation Property Market
If Interest Rates Are Rising, Should You Fix Your Loan Now?
In the past few weeks, Australia’s major banks have begun raising their long-term fixed interest rates. Experts predict that interest rates might get adjusted higher in July again. So, as borrowers, it makes perfect sense to ask, “Should I fix my loan now?” With...
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bookmarkTags: buy home 2021, fix your loan, interest rate rising
Australians Anxious About Buying A Home
An online bank owned by NAB surveyed 1,031 Australians from 8 to 10 March 2021. The results from the survey revealed Australians want to buy a home, but they needed more information regarding home loans: 44% of non-homeowners are anxious about buying their first home....
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bookmarkTags: First home Buyer, investment property, Mortgage Broker
How COVID-19 Has Affected The Regional Property Market
One of the most significant impacts of COVID-19 in Australia has been the ‘working from home’ shift. According to the Household Impacts of COVID-19 Survey in February, 41% of people with a job have worked from home at least once a week in February 2021. Before March 2020,...
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bookmarkTags: COVID-19 effects, Investors, Regional property market
