Home Loans - Page 33
9 ways to furnish your home for free and save
We explore nine ways you could furnish your new home or rental for free and talk to one Aussie who furnished his 3-bedroom house for next to nothing.
How much is stamp duty in NSW?
Find out how much stamp (transfer) duty you might need to pay on property in NSW and ways you could save.
How to buy and sell a house at the same time
Buying and selling a home at the same time is possible – you just need to know what to do and how and when to do it. Here are tips from an expert.
9 warning signs to look out for when buying a property
From a glut of ‘For sale’ signs to vacant lots nearby, here’s an insider’s guide to some of the things to watch out for when buying a property.
First Home Loan Deposit Scheme (New Homes): Applications open for extra places
Applications are now open for the First Home Loan Deposit Scheme (New Homes) grant program. We take a look at how it works, who can apply and what properties can be purchased.
Quantitative easing: What is it?
The RBA has announced it will use quantitative easing in a bid to stimulate the Australian economy. We break down what this means.
Big four banks follow RBA's call to cut home loan interest rates
Commonwealth Bank was the first to fire out of the major banks, announcing it would drop fixed rate loans for owner occupiers and introduce it's lowest ever advertised home loan rate.
How does my credit score affect my ability to get a home loan?
Your credit score may affect your ability to get a home loan for a number of reasons. Here's how it all breaks down.
RBA cash rate cut: Which lenders have lowered home loan interest rates?
The official cash rate has been cut to an all time low of 0.10% in a bid to quicken the economy’s recovery out of recession. While this is likely to see savers bear the brunt of lower rates, the upside is borrowers may be able to pay less in mortgage repayments. In fact, some lenders announced instant rate cuts. Will banks pass on RBA cuts in November, 2020? Image source: Rose Makin, Shutterstock. Nearly seven months on from its last movement, the Reserve Bank of Australia (RBA) board decided to cut the official cash rate by 0.15 percentage points to the … Continued
Rental bonds: how do they work and what do they cover?
We enlist the help of a leasing expert to explain the ins and outs of rental bonds in Australia for both tenants and landlords.
New lowest home loan rate down to 1.79% (1.84% comparison rate)
Homestar Finance has jumped the gun ahead of today's cash rate decision and delivered an interest rate cut for new home loan customers looking to refinance. The offer is available for a limited time.
Property expert reveals his suburb picks for 2021
Property expert John McGrath looks at the impact COVID-19 has had on real estate and names the 30 locations that are his picks for 2021.
What is a foreclosure? How missing mortgage repayments might affect you
A foreclosure is the legal process by which a lender takes possession of a property and sells it when the homeowner fails to make mortgage repayments. How can you avoid it?
5 reasons you may not get your rental bond back
If you rent your home, it’s a fair bet you’ve got a decent chunk of cash tied up in bond. Here’s how to avoid losing all or part of the money when it’s time to move on.
Where can borrowers find a discount on lenders mortgage insurance?
Missed out on the First Home Loan Deposit Scheme but don't want to pay expensive lender's mortgage insurance? Some lenders are offering discounts on LMI, with one even charging $0.
The National Rental Affordability Scheme: everything you wanted to know
If you find it hard to pay market rental prices, you may be eligible to apply to rent a National Rental Affordability Scheme (NRAS) property.
Here's how much you may need to save to apply for the First Home Loan Deposit Scheme
The First Home Loan Deposit Scheme has been extended from 6 October, 2020, allowing some first home buyers to buy a new house with just a 5% deposit and not pay mortgage insurance fees. But how much might you need to save up to buy an eligible home under the scheme in your preferred location? We take a look. The First Home Loan Deposit Scheme (FHLDS) has been extended, with an extra 10,000 places open from 6 October, 2020. This special additional round of the FHLDS is also being referred to as the ‘New Home Guarantee’ or NHG. The new spots … Continued
With the cash rate on hold, where can consumers find the top interest rates?
The Reserve Bank of Australia (RBA) has announced it will leave the official cash rate at a record low of 0.25% for October. So, how could this decision impact your home loan, savings and term deposit interest rates and what are some of the best available rates for consumers at the moment? Canstar investigates. Today’s decision from the RBA to hold the cash rate was widely anticipated by many economists, who believed the central bank would take the opportunity to assess the Federal Budget, announced later today, before moving on monetary policy. RBA Governor Philip Lowe said in a statement accompanying … Continued
7 of the best property investment strategies
Wondering about the best property strategies? An expert shares his insights to help if you are considering investing in property.
4 simple renovations that can improve the space you live in
A study nook and a bedroom makeover are two options that could improve your home without breaking the bank. Find out more.
Related
Important Information
For those that love the detail
This advice is general and has not taken into account your objectives, financial situation or needs. Consider whether this advice is right for you.