In the realm of loan applications, every financial decision counts. So, if you're planning on applying for a home loan in 2024, here's what you need to know about how the banks will assess your spending habits and some practical tips to increase your chances of a successful application. Lender...
Suburbs that are cheaper to buy than rent
Sometimes, when you’re a first home buyer, it’s cheaper to buy than rent. In other words, if you were to buy a property in the suburb where you were currently living, the monthly mortgage repayments would be less than your current monthly rent. NAB has identified a series of Melbourne...
First home buyers
First home buyer activity is almost at record levels. Why? Because now is a very good time to be a first home buyer.Interest rates have never been lower. State governments are offering grants and stamp duty concessions. And the federal government has three schemes to help first home buyers: First...