The Risk Of Losing Your Home
As house prices spiral ever higher and interest rates test record lows, it has never been easier for anyone to borrow too much when buying a home and then suddenly find themselves struggling to meet the repayments. And the number of Australians in this situation is growing. Research by the University of NSW suggests the […]
Your Home Loan Future – Are You Prepared?
It’s hard to imagine taking out a home loan with an interest rate of 17% per annum or higher, yet that was the reality for homebuyers in the late 1980s and early 1990s. Back then it would have been just as hard to imagine home loan interest rates of less than 3% p.a. The point […]
Beat Mortgage Stress
Previously when applying for a home loan, banks would lend would-be homeowners a sum of money based on repayments being less than 30% of the borrower’s gross income. As interest rates fell in the early 90s and competition from non-bank lenders flourished, home loan providers relaxed this rule and increased the flexibility of loans generally. […]
Why ‘Low-Interest’ Is Causing High Interest In Property
Is it the right time to leap into the property investment market? With low interest rates and rising house prices, many investors are jumping on the property band wagon. This article explains why property is seen as a strong contender for investors, what to take into consideration, and encourages readers to seek advice from their […]
