Owning a home has long been a dream for many, but in today’s climate, accumulating the requisite 20% deposit can seem more like scaling Everest than a walk in the park. Traditional lending practices dictate this percentage as the gold standard; however, as the winds of the financial world shift, there are more paths leading...Read More
The common wisdom suggests that homeowners should reassess their mortgage options and consider refinancing approximately every three to four years. This periodic review of mortgage terms can help ensure that individuals always benefit from the best deals available. The financial industry often sees new customers receiving more favourable interest rates than existing ones. In addition,...Read More
To have a house of your own is one of the dreams and aspirations for most people; however, the journey to building one is not necessarily smooth, especially when the country’s economy is somewhat recovering from the worst phase and when the home loan rates are rising. But why should that stop anyone from buying...Read More
After the RBA raised interest rates by 50 basis points, the struggle of homeowners – who are already feeling the effects of inflation – got much worse. A knowledgeable broker discusses the impact of the RBA’s rate rise on homeowners’ mortgage rates and what it means for those wanting to purchase new homes. Since 2020,...Read More
Even a year back, the real estate market was seeing prices rise very fast. Currently, the ... Read More
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