With auction clearance rates soaring above 80% in many markets in recent weeks, the competition amongst buyers for properties is often fierce. One tactic some buyers use is to make a pre-auction offer before the property goes under the hammer. The idea is that if you...
Victorian broker Matt Turner welcomes the government’s announcement to raise the price caps for Home Guarantee, but warns some regions will miss out. It comes after Prime Minister Scott Morrison declared higher maximum property prices will come into force for new...
Redraw facilities and offset accounts work in a similar way – they both effectively allow you to reduce the balance of your home loan, which reduces the amount of interest you pay. So, how do you know which is right for you, or whether you should choose a home loan...
The major bank’s figures suggest that home-buying ambitions grew consecutively over March, yet they still remain down from last year. Commonwealth Bank’s latest Household Spending Intentions (HSI) report has suggested that interests in home buying across Australia...
Which home loan is right for you? How can you tell when there are so many different lenders, loan types and features available? It can be confusing, particularly if you are a first-time buyer. Fortunately, we’re here to help explain things, so let’s dive in. Interest...
