What Does The Stabilising Property Market Mean For First-home Buyers?
After nearly a year of increasing interest rates, the Reserve Bank of Australia (RBA) paused the hikes in April 2023. This decision raises expectations of a stabilisation and this could attract more first-home buyers to the housing market. Signs Of Property Market Stabilising There...
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bookmarkTags: Australian property market, First home Buyer, property market update
Tell-Tale Signs Of A Builder Going Bust – And What To Do Next
A record number of building companies are collapsing in Australia. In the first nine months of financial year 2023, the number of failing construction companies has reached a seven-year high. New data from the Australian Securities and Investments Commission (ASIC) revealed that...
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Why Is The Auction Market So Hot Right Now?
The auction market has opened strongly in 2023. Homebuyers across Australia should prepare for increased competition as the number of active bidders at each auction continues to rise. The majority of auctions now record more than five active bidders, similar to the boom-time...
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Refinance Like A Pro: Insider Tips From Our Brokers
Prepare for a shock. Those enjoying historically low interest rates may soon face the full impact of 10 RBA cash rate hikes, as a staggering $141 billion in fixed-rate home loans are set to expire and revert to much higher variable rates. As rates increase, it is important to...
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Buy Or Wait Until July? What NSW Stamp Duty Reform 2023 Means For First-Home Buyers
There’s another new state government in New South Wales – and that means another new stamp duty scheme. On 1 July, the outgoing Liberal government’s First Home Buyer Choice is expected to be replaced with Labor’s Fresh Start plan, which features lower house price...
Read morefolderCategory: First Home Buyers, Mortgage News, NSW Property
bookmarkTags: Labor Fresh Start Plan, NSW property tax, NSW stamp duty reform, NSW transfer duty
Signs That You’re Ready To Stop Renting And Buy Your First Home
Are you tired of renting and wondering if you’re ready to buy your first home? If you’ve been thinking about it, it’s important to make sure you’re truly prepared before taking the plunge. Here are some signs that it’s time to move away from renting...
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What’s Driving Investor Interest In The Property Market?
The RBA’s decision to hold the cash rate at 3.6% in April, after 10 consecutive rate rises, might renew confidence in the property market. The interest rate pause also suggests that the worst period might be over for the housing market, which may encourage buyers waiting on...
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bookmarkTags: Australian property market, Investment, Property Investment
Lenders Reduce Fixed Rates In Anticipation Of End To Rate Hikes
Several lenders have just reduced their fixed rates. It happened shortly after Tuesday’s announcement by the Reserve Bank of Australia (RBA). One of the biggest banks in Australia reduced its fixed interest rates by up to 0.3 percentage points, dropping them to as low...
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Making Your First Home A Reality: Financial Support Options In NSW
Buying your first home is an exciting milestone, but it can also be a daunting experience, especially regarding finances. Fortunately, the Australian Government has introduced several schemes to help first-home buyers make their dream of homeownership a reality. In this blog,...
Read morefolderCategory: Financial Hardship, First Home Buyers, Home Loan Articles
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Why Expats & Non-Residents Are Flocking To Australia’s Property Market
The number of expats and other non-residents interested in buying investment property in Australia is rising. Home Loan Experts’ data showed a 100% rise in expat enquiries for investment properties in January 2023, compared with the lowest point in 2022. A further surge of...
Read morefolderCategory: Overseas Borrowers
bookmarkTags: foreign investment, Investors, Non-Resident, Property Investment