Latest Finance News

Low-Doc Home Loans

Navigating the vast array of loan options can be challenging, but for self-employed individuals, a low-doc loan might be the perfect fit. Dive in with us as we uncover what makes low-doc loans special, who can benefit from them, their standout features, and whether a fixed or variable rate is...

Budget-Friendly Ways to Maximise Your Home Value

Your home is not just four walls and a roof; it’s a long-term investment, and increasing its value should always be top of mind.  There are several compelling reasons why homeowners should invest in boosting the value of their property. Ultimately, it enhances your living experience and also yields significant...

Using Home Equity to Fuel Your Business Dreams

The key to your new business venture could be your existing home equity! If you were born with an entrepreneurial spirit but lack the start-up funds, there are a few options to turn your business ideas into reality.  One viable option worth exploring is leveraging your home equity to kick-start...

To Rent or Buy Property in 2024?

As property prices continue to soar, many young home buyers find themselves at a crossroads, trying to decide whether to rent or buy. It’s a dilemma as old as time—or at least as old as mortgages. Deciding whether to rent or buy in 2024’s challenging market is a complex decision...

How to Secure Funds for Your Business Purchase

For many aspiring business owners, the journey to purchasing a business begins with the daunting task of securing the necessary funds.  As of June 30th, 2023, there was just shy of 1 business owner for every 10 Australians—a testament to the noble pursuit of entrepreneurship, offering flexibility, financial freedom, and...

Reverse Mortgage

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...

15-Year vs. 30-Year Mortgages

Choosing between 15-year and 30-year mortgages can significantly impact your finances, influencing everything from monthly cash flow to long-term savings.  Let's delve into the nuances of each option to guide you through this critical decision-making process. The 30-Year Mortgage: A Familiar Path For many aspiring homeowners, the 30-year mortgage stands...

A Guide to Low-Deposit Home Loans

Saving for your first home is no easy feat for many Australians. It requires disciplined savings habits and maybe even sacrificing a few smashed avo brunches along the way. It’s not all doom and gloom though, for those struggling to save a hefty deposit, there is a beacon of hope:...

Exploring How an Appraisal Affects Home Loan Applications

Home appraisals have a lot of influence during your loan application. So much so that they can potentially shape the outcome of your application, be it approved or rejected.  Given their significance, all home buyers should fully understand the appraisal process and what it involves.  What is a home appraisal?...