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Author Archive for: 'andrew'
How does a mortgage broker get paid?

Once the habit of saving has been mastered, it’s a process which becomes almost automatic. How long it takes you to master this habit varies, but there’s one thing that’s for certain: it’s hard to slow down a fast-moving train. In case you missed the metaphor, you are that fast-moving train. And you have a …

Why the size of your deposit can help you save

If you’re scouting the town for your very first home, you’ve likely encountered the misty-eyed home owner who speaks of a ‘wonderful’ time when one could borrow 100% of the capital needed for the keys to your very own kingdom. Cue sad violin about the world we live in today. It’s true: well before the …

Why smart, young homeowners use Property Share Loans

The RBA cash rate might be lower than ever, but the Australian property market continues to be harder to pierce than the Ice Wall. Game of Thrones references aside, recent figures do show that young Australians are finding new and interesting ways to afford the homes of their dreams. But with house prices reportedly at …

Should I buy an investment property?

Kids today. They’re starting young. It’s a clichéd line, but it’s true. It came as a surprise in 2015 when a study from Domain revealed that Gen Y are investing in property almost as much their parents. What’s more, they’re getting in the investment property game much earlier: the average age for Gen Y investors …

Buy a home & travel without living off canned tuna

If there’s one huge generalisation I can make about young Australians today, it’s that travel is a huge priority. It’s not just what I’m seeing on Facebook and Instagram either: earlier this year TripAdvisor released a report which revealed Australians would increase their travel budgets by 19% in 2015, and the average number of international …

Home loans demystified for first homebuyers

Housing availability and affordability is a hot topic at the moment. But if you want to grow your family in a home that really feels like yours, then buying is the way to go. And if you’ve made the decision to finally find your own slice of the property dream, it pays to know which …

How are interest rates set?

If you’ve been following the news – we’ll forgive you if not, True Detective has been particularly crazy this season – you’ll likely have heard that the Reserve Bank of Australia (RBA) chose to keep interest rates on hold at the record low 2% cash rate. And if you’re shopping around for a home loan, …

5 essential tips for an excellent credit score

There’s one scenario for home owners that’s quite heartbreaking, and not just upsetting because of the outcome. It’s painful because it’s a scenario that’s avoidable. Here it is: a happy couple or savvy bachelorette/bachelor saves up for a deposit, sets their sights on a nice little two-bedroom apartment not far from the city…and then their …

What Everyone Needs To Know About Affording Their First Home

If you’re like the average Australian (or Sydney-sider, to be specific), you might be wondering how on earth you’re going to get into this property ownership thing. You’ve seen your friends buying properties, and to be honest, you’re feeling a little bit jealous. Ah, a life without your crazy landlord randomly ‘checking up on things’. …