How The First Home Loan Deposit Scheme Is Helping Millennials?

personOtto Dargan access_timeMarch 10, 2020

The Great Australian Dream is still alive for millennials in Australia, with 94% citing homeownership is important to them. A recent Genworth survey revealed that a majority of millennials want to buy a home as it provides them with stability and security. Unfortunately,...

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The Ripple Effect: A Guide To Housing Price Growth

personOtto Dargan access_timeFebruary 12, 2020

Have you ever noticed ripples over a pond? Much like those rippling waves, the growth in property price, too, tends to exhibit a wave-like pattern that flows from one location to the other over time, creating something like a ripple effect. It’s something that some...

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Property Market Update – January 2020

personOtto Dargan access_timeFebruary 10, 2020

All capital cities experience upward trajectory Australia’s housing market is still going through a rebound, with a 0.9% increase in the home value index during the month of January. The Australian house market continued its upward rise in January 2020 across all capital...

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Credit Reporting Code Amended: Big Win For Consumers

personOtto Dargan access_timeJanuary 28, 2020

Tens of thousands of Australians whose credit ratings have been unfairly impacted by civil court actions such as court writs, summons, and judgments can breathe a sigh of relief. The Office of the Australian Information Commissioner (OIAC) approved changes to the Credit Reporting...

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How To Fix Your Credit Rating? – 10 Secret Tips

personOtto Dargan access_timeJanuary 22, 2020

Looking for ways to fix your credit rating? Something that won’t cost you much more than — what you already owe — both financially and mentally! Credit rating, after all, is that one key factor, which determines whether you will be able to borrow from a prospective lender....

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Top Australian Real Estates In 2020 You Should Know About

personOtto Dargan access_timeJanuary 16, 2020

2019 saw the end of the downturn that plagued the Australian real estate market from late-2017 to mid-2019. The latter half of 2019 saw rapid growth in dwelling values due to a combination of the three cash rate cuts by the RBA (in June, July and October), relaxation of...

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Does A Higher Credit Score Mean Better Rates?

personOtto Dargan access_timeJanuary 7, 2020

Does your credit score affect mortgage rates? Yes. However, does a higher credit score give you better rates? No! If one borrower has a good Equifax credit score of 700 and another borrower has an excellent Equifax credit score of 900, both of them will likely qualify...

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Australian Property Market Update 2020: All Eyes On Sydney & Melbourne

personOtto Dargan access_timeJanuary 7, 2020

Sydney dwelling values rose by 6.2% during the fourth quarter of 2019, followed closely by Melbourne dwelling values, which increased by 6.1% — a very good sign for the Australian property market. Housing markets in both Sydney and Melbourne gained momentum in the Australian...

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7 Infrastructure Projects In Sydney To Push House Prices Up

personOtto Dargan access_timeJanuary 7, 2020

The last quarter of 2019 (Oct-Dec) saw an impressive 6.2% growth in Sydney house prices – the best performing capital city. However, compared to the 2017 peak, house prices are still down 6.4% in Sydney – this is about to change. Mortgage interest rates are at...

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How Do You Adjust To Comprehensive Credit Reporting?

personOtto Dargan access_timeDecember 13, 2019

Did you know following the introduction of comprehensive credit reporting, your credit score can drop by 22% following just one missed credit card repayment? – even if you’ve never missed any credit card repayments before this. Misconceptions surrounding comprehensive...

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