This Week In Real Estate: 90% Have Sold For A Profit
This Week in Real Estate: Property news that you can trust No APRA Concerns On Market The prudential regulator sees no need to place restrictions on borrowing to buy real estate and it has the support of one of the major banks. Westpac chief executive Peter King has backed APRA’s resistance to curtailing home lending, saying […]
Why Equity Really is King
Equity is King So you bought your first home, got a home loan, you’re paying your mortgage in monthly instalments, and everything is ticking along smoothly. You will own your home outright – in a few decades. But you don’t have to wait that long to buy your second property and start building a property […]
Debt Consolidation: A Cure for the Christmas Debt Hangover
Is Debt Consolidation a Cure for the Christmas Debt Hangover? It’s just after the new year and one of your new year resolutions is to save more money. You have now decided to do something about your finances so that you can cut down on any unnecessary expenses without wanting to change your lifestyle. You ended up maxing […]
Finance: 8 Resolutions of Successful People
New Year Resolutions for your Financial Health A new year signifies a new beginning and with the majority of new year’s resolutions revolving around health, it’s easy to forget about your financial health. No matter what life stage you are at – be it student life, married life or retired life – you should be thinking about your finances. […]
Mortgage Refinance: How to Save Money in 4 Steps
Mortgage Refinance: De-Mystifying the Process There are many reasons to think about refinancing your home loan, especially in the current economic climate. When faced with economic uncertainty or a change of situation, the option of being able to take advantage of the equity of your home is a powerful tool and has given many of […]
Home Loan Comparison: 4 Ways to Maximise Savings on Your Mortgage
Home Loan Comparison At the start of November, the Reserve Bank of Australia slashed interest rates to a record low of 0.10%. What this means for you as a borrower is that you can find a better deal for your mortgage. Before you start shopping to refinance your mortgage, we’ve made a list of four things that you should look out for when undertaking home loan […]
Aussies Have Saved $100bil In 7 Months
Australians have amassed $115 billion in total savings as a buffer against the pandemic recession, in a sign that economic recovery is unlikely to be derailed by any future reduction in government income support. APRA figures show household deposits surged to $1.09 trillion by the end of September – an increase of $115 […]
No Rate Rise For 3 Years, Says RBA
Reserve Bank governor Philip Lowe says the RBA does not expect to increase the official cash rate for at least three years. He says the board has changed its view on the timing of a future rate rise in relation to its inflation and full employment settings. “We do not expect to be […]
Investors Turn Focus To Smaller Cities
Smaller cities can expect an increase in demand from investors as the big cities lose their appeal in the wake of Covid-19, according to new research from CoreLogic. CoreLogic head of research Eliza Owen says Covid-19 triggered a retreat of investors from favoured markets like inner city Sydney and Melbourne. From […]
Auctions Outcomes Continue To Improve
Auction volumes increased from 13,783 to 14,216 (up 3%) in the September Quarter, according to CoreLogic. “The combined capital city auction clearance rate increased over the three months to September, returning a clearance rate of 59%, up from 48% over the June Quarter, which was the lowest seen since the December 2018 Quarter (44%). […]
