Home Loan Articles

Buy Or Wait Until July? What NSW Stamp Duty Reform 2023 Means For First-Home Buyers

personOtto Dargan access_timeApril 17, 2023

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...

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Signs That You’re Ready To Stop Renting And Buy Your First Home

personOtto Dargan access_timeApril 17, 2023

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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Making Your First Home A Reality: Financial Support Options In NSW

personOtto Dargan access_timeMarch 22, 2023

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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How Rate Rises Can Affect Your Pre-Approval | Home Loan Experts

personOtto Dargan access_timeMarch 3, 2023

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

personOtto Dargan access_timeMarch 3, 2023

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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10 Things To Do If Home Ownership Is Your Goal In 2023

personOtto Dargan access_timeFebruary 23, 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....

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Foreigners’ Interest In Australia’s Property Market Booms: Should I Invest Now?

personOtto Dargan access_timeFebruary 16, 2023

Are you looking to buy a property during the market downfall? You are not the only one. There has been a surge in interest in the market from foreigners. Recent data from PropTrack shows that foreigners searching for a property to rent in 2022 on realestate.com.au increased...

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How To Save On Home Loan Interest In 2023

personOtto Dargan access_timeFebruary 7, 2023

With rates rising so much over the last year, high interest and hefty monthly repayments are putting pressure on many household budgets. Fortunately, there are several strategies that can reduce the amount you pay in interest. In this blog, we will explore some of the best ways...

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Should I Refinance When House Prices Are Falling?

personOtto Dargan access_timeFebruary 2, 2023

The Australian housing market has been in a downturn since last year, with interest rates reaching record highs, shrinking borrowing power and lowering home prices. Many borrowers are looking to refinance to secure a lower interest rate on their home loan. But falling house prices...

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6 Roadblocks You Could Face In 2023 As A Homeowner

personOtto Dargan access_timeJanuary 5, 2023

The year 2023 will be challenging to navigate amidst rising interest rates and stricter lending conditions. Here are the six biggest hindrances for borrowers this year, with possible solutions. 1. Lower Borrowing Capacity Amidst rising interest rates, borrowers will be assessed...

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