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,...
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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...
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How Rate Rises Can Affect Your Pre-Approval | Home Loan Experts
If you are in the market for a new home, you have probably heard of pre-approval – an agreement with a lender in which it confirms that it is willing to lend you a certain amount of money to purchase a home. But did you know that rising interest rates can affect your pre-approval,...
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Don’t Panic About The Fixed-Rate Cliff
The fixed-rate cliff looms over the heads of many borrowers who bought a home during the pandemic at a short-term fixed rate as low as 1.95%. It is understandable for them to feel a sense of unease about the impact of rising rates on their finances. Many are concerned that it...
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Refinance Now Or Wait: Is The Peak Of Interest Rate Increases Behind Us?
Refinancing can be a smart financial move for homeowners looking to save money in the long run or reduce their short-term living expenses. Despite the record numbers of mortgage holders who have already taken advantage of refinancing, many have yet to explore whether they could...
Read morefolderCategory: cash rate, Fixed Rate Loans, Property Market, Variable Rate Home Loans
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Where To Find Positive Cashflow Properties In Australia In 2023
Investing in positive-cashflow properties is a good strategy for building long-term wealth. These properties can generate a steady source of passive income that will help you achieve your financial goals. It also provides a hedge in case of unexpected expenses or job loss. But...
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10 Things To Do If Home Ownership Is Your Goal In 2023
You might be thinking about buying a home in 2023 but waiting for the prices to hit bottom or for bank interest rates to settle down. While waiting, here are some things you can do. 1. Work On Your Credit Score Lenders use a credit score to check on the trustworthiness of borrowers....
Read morefolderCategory: First Home Buyers, Home Loan Articles
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Should I Buy A House When Prices Are Falling In 2023?
The housing market in Australia is constantly evolving, with prices and demand fluctuating over time. Currently, there are concerns about the slowdown in the market, with prices falling in most areas. For many potential homebuyers, this uncertainty can make the idea of buying...
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How Hybrid Work Shaped Today’s Property Market
Hybrid work refers to the arrangement of working from both home and office or alternating between these two. The specifics might differ based on the company’s policy or the nature of your work. Working from home has become a common part of life today. Technology has...
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bookmarkTags: Investment Strategy, Property Investment