Tagged With mortgage

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Australian banks have been quietly bumping up interest rates in recent months, tightening the already-strained budgets of many mortgage holders. Alternative home loan options are out there, but many aren’t taking the extra step to switch lenders. Enter Australia's biggest home loan sale event --
now underway for 40 hours from 6am Monday May 8. Reduced rates, waived fees, exclusive deals. Here's how to start saving.

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There’s been quite a bit of speculation over whether Australia has a property market bubble - where house prices are over-inflated compared to a benchmark - and when it might burst. According to housing experts, there’s at least four scenarios where this could happen.

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Anyone who has bought a home will tell you: it can be a long, drawn-out process. Sometimes what seems like a done deal, even going into escrow, can backfire and you have to start shopping for a home all over again. For the sake of your finances and your loan, hold off any moving plans until all the closing documents are officially signed.

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Dear Lifehacker, My fiancé and I recently moved back with our parents to save money for a house. We currently have a car on finance, and a personal loan for wedding deposits. My parents are advising us to pay off our loan FIRST before even looking at a house, however my fiancé’s parents are simply advising us to save up a deposit for a mortgage and then roll the loan into that mortgage so it's only one payment.

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The Australians are becoming a savvy bunch. In 2016 the mortgage refinance market is expected to grow 30% compared to 2015. Consumer’s willingness to put loyalty on the back burner have resulted in some fierce competition among the banks, credit unions, and mutual banks. Here are three simple hacks you should consider when looking to refinance.'

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Your home is probably the most expensive thing you'll ever buy. Saving up tens of thousands for a down payment can seem damn near impossible, but with a little planning, you can make it happen.

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For a long time, Australia's housing prices continued to climb at a phenomenal rate, putting home ownership out of reach for a large number of people. But with recent signs that the housing boom is coming to an end, perhaps it's time to think about getting into the property market. You'll need some money to get you started and we have some pointers on how to save up for your dream home.