As we journey through life, our needs evolve, and sometimes, financial constraints can feel like a roadblock to achieving our goals. Luckily, for Australians over 60 who own their own homes, there is a financial lifeline that can provide relief: a reverse mortgage. But what is it, and could it...
Tapping Into Equity for Home Renovation
Embarking on a home renovation journey is a thrilling endeavour, offering the promise of an improved living space and increased property value. Yet, the financial hurdles can be daunting, especially for homeowners in Australia with limited savings earmarked for such transformations. But there is a solution that allows you to...
2023 Housing Market Recap with 2024 Predictions
The 2023 Australian housing market defying expectations and offered twists that have kept experts and enthusiasts on their toes. Approaching 2024, it's essential to review the past year's events and foresee the trends shaping the real estate landscape. Unraveling 2023 housing market trends Against the backdrop of escalating interest rates,...
Leveraging Your Home Equity for Property Investment
Want to build wealth but not sure where to start? It might surprise you to learn that your home equity may be the key. Leveraging its equity not only secures your property but also opens avenues for substantial investment opportunities, paving the path toward an enriched financial future. Deciphering Equity...
Unlocking Home Loan Applications for Self-Employed Australians
If you’re self-employed, navigating the complexities of securing finance requires strategic planning and a comprehensive grasp of what lenders seek in potential borrowers. Let’s break down the process to help you started on your home-buying journey. What Lenders Seek in Self-Employed Borrowers 1. Stability and Consistency: Lenders prioritise stability and...
The Ultimate Guide to House Inspections
Buying a house is a thrilling journey, but amidst the excitement, there's a critical step you must never overlook: the house inspection. Just like the saying "Don't judge a book by its cover," this principle applies to house hunting as well. In this comprehensive guide, we'll unravel the art of...
Upside to Property Price Rise for First Home Buyers
Despite multiple interest rate increases the Australian housing market has surprised analysts and experts as property prices stabilise and even rise. Rising house prices may concern some, but beneath the surface lies a silver lining, offering valuable opportunities for those aspiring to step onto the property ladder. Let's explore three...
Beat the Fixed Rate Mortgage Cliff
As an Australian homeowner, you may soon face a daunting challenge – the end of your fixed rate mortgage period. The Reserve Bank of Australia (RBA) is predicting that approximately half of borrowers with fixed-rate mortgages will transition to variable rates this year. It's crucial for these homeowners to take...
Cracking the Credit Score Code for Your Dream Home
Planning to buy your first home is an exciting milestone, but it’s common to encounter some obstacles along the way. One significant factor that can impact your ability to secure a home loan is your credit score. If you find yourself in a situation where your credit rating isn’t ideal,...
Unlocking SMSFs for Investment Property Success
In today's world, financial independence and control are highly valued. Enter self-managed super funds (SMSFs), a game-changing tool that empowers individuals to shape their financial future and take charge of their retirement savings. One exciting way SMSFs are changing the landscape is by offering the opportunity to purchase investment properties. With SMSF...