Record house prices fuel co-buying boom

Record house prices fuel co-buying boom

More first home buyers are using joint mortgages to co-buy homes, according to NAB research. There has been a sharp increase in the number of Australians co-buying a home, as prospective home owners pool their savings to get a foot on the property ladder. National...
Common mistakes when buying your first home

Common mistakes when buying your first home

First home buyers can now purchase a property with as little as 5 per cent deposit without copping lenders’ mortgage insurance, after the government’s expanded First Home Guarantee Scheme came into effect on 1 October. It’s expected that 70,000 first home buyers will...
Refinancing surge brings relief for homeowners

Refinancing surge brings relief for homeowners

Following three cash rate cuts so far this year, the lending and borrowing environment in Australia has changed drastically. As a result, more and more borrowers are breaking out of ‘mortgage prison’ and refinancing their home loans to more competitive options. If...