Loans NewsNeed some help? Checkout our Loans Guide
Perhaps you've always been curious about investing in property but weren't sure of the particulars. Here's some reasons why real estate could be an avenue for you.
Australia's population will more than double in a little over 60 years. For those thinking about getting a home loan, this could have a variety of impacts.
The prospect of being in debt for a 30-year standard home loan period is cumbersome for most, so imagine carrying this debt into the ripe old age of 105.
Buying a house is always complicated, but if this is your first time doing it, you might miss out a few important details.
When it comes to selling houses, the conventional wisdom is that spring is the best time to go to market. Reasons cited include the extra sunshine, which can make homes look brighter and gardens more blooming, and the fact that warmer weather is more conducive to bringing buyers out in droves.
Buying a car for the first time can be fun – for example, choosing one that suits your personality as well as your transport needs – but it can be daunting in equal parts. And it can end up costing a lot more than you originally thought.
With household spending slowing, real wages declining and construction also on a downward trend, it was perhaps not surprising that the Reserve Bank of Australia decided to leave interest rates unchanged at its June board meeting this week.
There’s good news for mortgage holders and first home buyers: record low interest rates have contributed to the most favourable housing affordability conditions in 12 years, according to the Housing Industry Association (HIA).
With the Reserve Bank of Australia leaving interest rates on hold at 2.5% again, and to talk more about the impact to housing affordability, we spoke with Alex Parsons, the CEO of RateCity.
If you have a mortgage, the current historically low interest rates have no doubt been a welcome relief.
Whether you are applying for a more sizeable home loan or a smaller personal loan, your chances of approval will be much greater if you are prepared and pre-empt any concerns your chosen lender may have.
With record low interest rates, it may be tempting to borrow more money to buy your dream home while the repayments are also low.
The Federal Government has scrapped the First Home Saver Accounts scheme which is currently housing up to 46,000 active accounts and over $521 million in first home buyer’s savings.
Last week’s RBA rate hold announcement was great news for Australian property investors. With the cash rate set to stay at 2.5 percent, a high demand for rental properties and property prices across Australia booming, it presents attractive market conditions for property investors.
If you’ve ever inspected a home to buy, you know that a fuss-free well-presented property is a far more attractive proposition than one with wonky guttering or musty old carpet. So if you’re on the selling side of the equation, making cosmetic improvements and smart repairs can help you sell your home faster at a higher price.
With the May 13 government budget announcement looming, there is lots of speculation surrounding retirement as Treasurer Joe Hockey casts an eye over the age pension, retirement age and superannuation – so what can you be doing to set yourself up for retirement?
Whether you are upsizing or downsizing, the process of selling your home and juggling home loans, while buying a new one, can be fraught with stress and unwelcomed costs.
Anyone trying to buy a home in Australia knows our property prices are among the highest in the world. As a result, it can be particularly hard for first home buyers to break into the market.
There have been calls for its abolishment in the past, and now reports suggest the federal government is at least considering changes to negative gearing.
Deciding to fly the nest and leave the security of your parent’s humble abode can be daunting – especially if you are soaring towards your first home loan. Besides being emotionally prepared for regular home loan repayments and long-term investments there are a lot of other questions you should be asking yourself.
Starting a family is a happy and exciting time, but it can also be financially stressful transitioning from two incomes to one while taking on the extra costs that come with a newborn.
Buying a home is a big commitment, both financially and emotionally. There is quite a lot to plan, organise and consider during the process, besides simply securing a home loan, so here is our list of what every first home buyer should know.
Property investment is a popular wealth creation strategy in Australia, and it’s easy to see why. Houses and apartments can be easier to understand than the share market, not to mention less volatile, and a shortage of stock can guarantee a steady capital gains trajectory.
If you already own your home, the good news is that its value is likely to steadily increase this year.
Unlike the publicly listed big banks, which have a responsibility to maximise profits for shareholders, credit unions, mutual building societies and mutual banks focus on their members – or customers.