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 …
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 …
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 …
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 …
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 …
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, …
I’m going to make a wild assumption and guesstimate you’re an unabashed rule breaker, and you dance to the beat of your own drum. I like people like you. Perhaps you’ve just started up your own business, and you’ve dedicated all of your financial power into getting that baby up and running. Or maybe you’re …
You’ve found your family’s castle, you’ve been approved for a mortgage, and now you can have the keys to your very own kingdom. On the Mortgage Guy blog, we like to keep things positive and emphasise opportunities…but truthfully, mortgage stress is a real part of our culture. But luckily for you, it can be avoided …
If we were living in a perfect world – the kind of world where almond lattes didn’t cost $1 more, and shoes were tax deductable – we’d all be able to pay for our wants and need upfront with no hassles. But in this imperfect world, buying a house requires getting a mortgage. But hey, …
Did you know that three in every ten households feel the pinch from mortgage stress? The Bureau of Statistics provided this grim figure to Fairfax back in 2012, and last year they also reported a 25-year high for household debt. Buying a house – your dream home where you’re going to grow your family and …