A common story I hear is about homeowners who have recently refinanced their home loan. They’re feeling financially savvy for wrapping up their maxed-out credit card and personal car loan into the mortgage, at a rate of 4%, as opposed…
There has been a lot of noise in the media in recent months surrounding the dramatic fall in new housing approvals. This is generally an indicator of consumer confidence and spending sentiment. If more consumers are willing to take on…
The Reserve Bank of Australia (RBA) has again this week cut interest rates to a record low of 1%. The basis for the interest rate cut is to spur on consumer spending, bank lending and employment growth. The RBA is hoping…
It’s easy to think that when the economy is booming, that it will last for ever. Share prices go through the roof, property prices soar and our wealth increases, as does tolerance for risk. This can, however, lead to some…
Don’t miss out on the property of your dreams! Without getting a pre-approval from the bank first, you can easily miss out on securing a home. Stories of heartbreak are common at auctions, where the buyer puts down a deposit…
I recently came across an article published by one of Australia’s largest home loan brokers, drawing a comparison of average house price growth in Australia over 25 years, versus the All Ordinaries index (a proxy for the Australian share market)….
Increasing house prices are good news for property owners but can be a bit of a hurdle for first home owners trying to get into the market. If, like many of our clients, your goal is to help your children buy a…
If you’ve built up some equity over the years, it may be time to look at the options your property may give you. Here are four possibilities that could help you: You could buy an investment sooner. Borrowing against the…
It’s not unusual that life can be smooth sailing one minute and throw a curveball your way the next. You might be struck down with an injury or illness, a reduction in income or redundancy, a separation from your partner, or…
The latest round of figures showing rising home values in almost all our state capitals highlights how many Australian retirees could have a valuable resource at their fingertips. Older Australians, who may not have enjoyed the benefits of employer-paid super…
