Home loan customers should take advantage of low fixed interest rates and lock in now, experts say. The Commonwealth Bank, National Australia Bank and Westpac on Wednesday cut their longer-term interest rates to below 5 per cent. ANZ was the only one of the big four banks not to lower its five-year..
It is no secret that first home buyers are finding it extremely tough to enter the property market. House prices, scaling back of the First Home Owner’s Grant (FHOG) and stiff competition from property investors, both local and overseas, has all but shut the door in the face of young people wanti..
If you are considering any of the following: Refinancing your home loan for a better rate; Consolidating all your debts into one simple repayment; Doing some renovations at home; Purchasing a new car; or Taking that well deserved holiday now is the time to do it! Until 30 June 2014, you will save ..
Although there have been big price rises low interest rates have kept homes relatively affordable, according the HIA-CBA index. Despite surging house prices, housing affordability has risen to its most favourable level in 12 years in the first quarter of this year, thanks to record low interest rate..
Most of us worry about our future, and most of us are waiting until the mortgage is paid off before we do anything about it. Sydney University anthropologist and author Stephen Juan said it now took two incomes and 30 years to pay off the average home. Half a century ago, it was one income and 15 y..