According to to Compare the Market, purchasing a first home is a significant objective for numerous young individuals. However, achieving this goal may require some form of sacrifice. To explore this further, they surveyed over 3,000 Australians, Americans, and Canadians about their living arrangements and the compromises they would be willing to make to secure…
Well, APRA has reaffirmed its stance that a 3% interest rate buffer is necessary to ensure responsible lending practices among banks when assessing home loan applications, including those from new buyers and existing borrowers looking to refinance. This decision has the potential to impede the borrowing capacity of new buyers and create obstacles for existing…
Selling a property is usually not something that is done lightly. Perhaps you need to sell because your family has grown, and you need more space. Another reason is that you have run your numbers and come to realise that that specific investment property is not growing in value as much as it should, so…
Are you considering selling your home or investment property? Sure Australia’s property market came off the boil in the first quarter of 2022 as demand softened and the Reserve Bank began to hike borrowing costs. And even though prices will still fall further, the rate of decline is slowing. This means those interested in selling…
