With a lot of mortgage promotion and comment focused on interest rates and fees, many borrowers are convinced that the cost of the mortgage is the most important factor they need to look at when choosing the right home loan. The interest rate is really important but if not backed up with the right lending […]
Category Archives: Products and Advice
Why buying property in Sydney is still a good idea
Ever considered buying property in Sydney, but thought you couldn't because it was too expensive? The New South Wales capital is the most expensive city by median dwelling value ($1,056,000 according to CoreLogic RP Data to the end of 2016). However, that doesn't mean buying a home there is an unrealistic goal. Buying a home […]
A look at the costs of building your first home
Why buy your first home when you can build it? The Australian Bureau of Statistics (ABS) shows that In August 2016 alone 5,641 new construction mortgages were opened, so Australia clearly loves to get creative with its new homes. You'll have total control over the final shape of your home, gain the ability to add […]
Repaying your home loan: Interest only or principal too?
The way that you repay your mortgage matters. A lot. Choosing the wrong type of repayments, setting repayments beyond your means or repaying too slowly could cost you thousands. What is right for you will depend on your budget, your intended use of the property and several other important factors. It's always best to seek […]
Are detached homes a better investment?
What makes real estate great? When investing in a home, whether it's your first or a subsequent investment property, one of your primary considerations should be its money-making potential. As you may know, the type of home you buy will have a large affect on its potential to turn profit. So is a detached home […]