The Home Guarantee initiatives of the federal government, led by the previous administration and backed by the current Labor government, have the objective of assisting
Although delinquency rates are still lower than pre-pandemic levels, the CEOs of the four major banks have expressed concern that arrears may increase in the
During the past week, the property market and the lack of affordable housing for younger buyers has been a major topic of discussion. In response,
To protect your investment portfolio from economic fluctuations, it’s important to choose the right property that fits your budget and minimizes cash flow risk. This
Ropes Crossing (Sydney – Blacktown) The suburb of Ropes Crossing, located in Sydney’s Blacktown area, has a gross rental yield of 4% as of October
Do you know how much you owe on your HECS-HELP debt? While student HECS and HELP loans in Australia are interest-free, they are indexed every
Major initiatives include higher financial aid for renters with low income, strategies to enhance the availability of rental properties, and policies aimed at promoting the
The First Home Buyer Choice program of the previous Liberal government in NSW is expected to be replaced by Labor’s Fresh Start plan on 1
The term ‘genuine savings’ refers to the money that a borrower has saved up over a period of at least three months. It is possible
Your credit score is a computer-generated evaluation of the risk you pose to a creditor, specifically in relation to your home loan application. It is
How much can I borrow? Borrow up to 90% of the property value if you’re an Australian earning income in a foreign currency. Borrow up
Why do I need to pay LMI? As a general rule, borrowers will need to pay LMI if they are borrowing more than 80% of
Purchasing a property is a significant financial investment, and it often takes years of saving to accumulate the necessary funds. However, with the help of
The process of obtaining a home loan can be a daunting task, especially for first-time homebuyers. However, with proper guidance and information, the process can
What is the First Home Owner Grant? The First Home Owner Grant is a government initiative designed to assist first-time homebuyers in purchasing or building
