Navigating Home Loans For Self-Employed: Low Doc Vs. Full Doc
Are you self-employed in Australia and dreaming of buying a home? As someone with a non-traditional income structure, securing a home loan can be difficult. Fortunately, there are solutions available to help self-employed borrowers, even those with low documentation. Full-Doc...
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The Impact Of A Potential Cash Rate Increase On The Housing Market
When we think about the housing market, our minds often gravitate towards the more apparent factors like property prices, demand, and mortgage rates. Recently, the spotlight has shifted towards a potential cash rate increase as inflation data released by the Australian Bureau...
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RBA Cash Rate Prediction For October 2023
The anticipation is mounting as Australians await the Reserve Bank of Australia’s (RBA) decision on the cash rate for October 2023. In the midst of economic uncertainty and global inflation trends, Home Loan Experts CEO Alan Hemmings, and Senior Mortgage Broker Jonathan...
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Renovations Over Relocations: Is This A Trend In 2023?
As we step into spring selling season in Australia, there’s a subtle shift in the way homeowners are approaching their housing decisions. More homeowners are deciding to renovate. That alone is not surprising. What is different this year, however, is that some reports are...
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Home-Buying Strategies For A Competitive Property Market
If you’re in the market to invest in property or looking to buy a home, the current landscape demands your attention. The property market has recently had a surge in auction clearances and home sales, indicating a highly competitive environment. If you’ve been in the...
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bookmarkTags: Australian property market, Borrowing power, First home Buyer, Investment Strategy, Mortgage Broker Tips
Help To Buy To Start In 2024
Prime Minister Anthony Albanese has confirmed that the Labor Party’s Help to Buy Scheme is scheduled to commence in 2024. This announcement was made during the Labor Party’s National Conference, where all states and territories reached a consensus to advance the necessary...
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When Will Interest Rates Go Down?
As the Reserve Bank of Australia (RBA) works to control rising prices, many people ask: When will interest rates go down? To help answer this question, Home Loan Experts CEO Alan Hemmings shares insights that mix careful thinking with hopeful expectations about interest rates. Expert...
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bookmarkTags: big four, cash rate, Inflation, interest rate, Predictions
Taming The Housing Crisis: Availability And Affordability Tips 2023
As of 2023, CoreLogic reports the median house price in Australia’s combined capital cities has hit $882,006. What about city apartments? They come with a median price tag of $629,862. And for those seeking a home beyond the cityscape, in the regional areas, the median...
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Breaking Down The Award Wage Increase By Fair Work Commission
The Fair Work Commission (FWC) recently unveiled a 5.75% increase in award minimum wages and a new national minimum wage of $23.23 per hour (up from $21.28 per hour), starting from 1 July 2023. This news is a welcome change for low-paid workers who have been grappling with...
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bookmarkTags: Experts insights, first home loan deposit scheme, Government, minimum wage rate
Escape The Rate Hike Trap: Unveiling The True Cost After Your Fixed Rate Ends
The fixed-rate cliff is here. Most fixed-rate home loan terms will end between June and September 2023. Many people got a low fixed rate for two years when the cash rate was at its emergency low of 0.10% between November 2020 and April 2022. Now those terms are near their end. The...
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