Okay, yes, a renovation can be a potentially big strain on your collective time and money. But at OzBroker, we can provide the expert financial advice that’ll help minimise your stress. Here are five options that will make life easier when it comes to the ultimate home makeover. 1. Home equity loan This is one […]
Five ways to fund your finances – as you transform your home ! Read More »
Good news: It’s a very positive time to get into the housing market! Firstly, according to the Reserve Bank, interest rates are likely to stay at historically low levels for the next three years. The prediction came from Reserve Bank governor Philip Lowe after the RBA board decided on 6/4/2021 to keep the cash rate at
Government Assistance Schemes: a great time for First Home Owners Read More »
If you’re looking to move house, you’ve probably heard of the term “bridging finance”. But what is a bridging loan, and how does it work? Imagine the scenario: after months of scouring the real estate market, you’ve finally found the perfect home at a price you’re happy with and want to snap it up before
There’s good and bad news for prospective first home buyers right now. According to CoreLogic data, borrowing costs at record lows are giving owner-occupiers more muscle at minimal cost – as a result driving up prices of the most expensive properties. We’ve seen homes priced in the top 25 per cent rise by 4.1 percent
Market Trends: What First Home Buyers Need To Know Read More »
Need to save your home loan funds? Being mortgage-savvy could possibly save you a considerable amount over your loan life. Buying a house is one of the most thrilling – and expensive – things you ‘re ever likely to do. But when it comes to your repayments, set the feeling aside, because we’re about to
Buying a home is a major decision-committing to repaying a huge mortgage over a long period of time is also involved. The precise amount of this debt depends on how much the bank borrows. And that amount, in the end, is limited to how much they believe you can repay. These tools are useful because
The application process for home loans can be lengthy and complicated. People also do not know where to start when applying for a mortgage, with so many steps involved. In fact, because of the coronavirus pandemic, things got a little complicated. We have created this useful page on how you can apply for a mortgage
Buying a home is the most costly financial expense they’ll ever make, for many Australians. Homeownership brings on financial responsibility — you must devote a portion of your monthly salary to fund the mortgage repayments over the next 30 years or so. It’s essential to remember this principle when borrowing funds to finance your home
Ways On How To Save Big On Your Mortgage Interest Read More »
While in previous economic shocks the property market has done well, there is no clear cut proof of how it would do during a pandemic. That is clear now is that sales on the property have plummeted. Experts believe this is a short-term occurrence, and that it will bounce back quickly, even if house prices
Should first home buyer dive into the market amidst COVID-19 pandemic Read More »
There are a lot of ways that can provide assistance in funding the purchase of your home. Here is an outline of some of the options that you may consider: 1. Concessions on Stamp Duty There are specific territory and state governments that provide added incentives to people who buy homes for the first time.
