When it comes to home loans, there are many factors to consider besides interest rates. Choosing the right home loan could not only provide flexibility as your financial situation changes but could also save you some money down the track. Here is an explanatory guide to...
As Australians everywhere take a close look at their financial circumstances, mortgage brokers stand ready to lend a helping hand. Whether experiencing financial hardship through job loss, a reduction in work hours, or business disruption, an increasing number of Australians may be struggling to balance their...
The COVID-19 pandemic has accelerated younger Australians’ desire to own their own home, despite affordability remaining a significant concern, new research has revealed. Survey data released has shown that COVID-19 has been a wake-up call for young people to pay attention to their finances, with a...
Mixed-use properties offer a way to invest in both the residential and commercial property markets. While commercial loans often have higher interest rates than a home loan, the current low-rate environment and high rates of return could mean now’s your time to consider the pros...
In a positive sign for the Australian economy, nearly 7 in 10 Australians who paused payments due to the COVID-19 pandemic have resumed repaying their mortgages, new figures have shown. The Australian Banking Association (ABA) said the fall in deferred loans are now less than 300,000, which...
National house prices are on track to be back to pre-COVID levels by early 2021, new research has revealed. Stats released by CoreLogic show house prices have grown 0.8 per cent in November following a 2.1 per cent reduction in prices nationally between April and...
The federal government has announced the extension of the First Home Loan Deposit Scheme, opening up 10,000 new places to aid in post-COVID-19 economic recovery. The First Home Loan Deposit Scheme (FHLDS) allows eligible applicants to purchase a home (within certain price restrictions based on location)...
The traditional spring selling season is in full effect with new home lending rising in September, official figures have shown. Stats released by the Australian Bureau of Statistics (ABS) show the total value of new loan commitments for housing rose 5.9 per cent in September, seasonally adjusted. The...
CBA and Westpac are both offering a four-year, fixed-rate mortgage at 1.99 per cent, while NAB said it will undercut this with a 1.98 per cent rate. It’s the first time any of the banks have offered a mortgage at below 2 per cent. This follows mounting...
Average property prices across Australia’s capital cities fell for the third month in a row in July. The monthly fall, of 0.8%, means capital city prices have fallen 2% on average since their peak in April 2020. AMP Capital chief economist and head of investment strategy...
He is also an accomplished presenter and educator
Co-authoring the popular investment book, Property vs Shares.