Entering the property market is no easy feat for a first home buyer, but even parents who aren’t prepared to hand over cash for a deposit may help by being a guarantor on a loan. Before taking the plunge, however, it’s crucial to be aware of the implications involved.
Read MoreOne of the first choices you need to make once you decide to get on the property ladder is whether to purchase an established home or build a new one. Both options offer their share of benefits and the answer to which one is best depends on what your priorities are.
So, which method best fits your lifestyle and financial situation? Let’s dig deeper.
Read MoreOne of the most important things to consider when buying a house is how much mortgage you can reasonably afford to pay off. This is because knowing how much you can allocate to your monthly repayments very often spells the difference between living comfortably and struggling to make ends meet.
Read MoreShould you buy a home and reap the sense of security that comes with it? Or should you continue renting and enjoy the flexibility it provides? The decision should boil down to what suits you best personally and financially.
Read MoreMany housing experts believe that the current economic conditions have created a unique opportunity for aspiring homeowners to get on the property ladder. But how can you tell if a certain home loan fits your needs and financial situation? The answer depends on several factors.
Read MoreConsidering transforming your home from ‘banal’ to ‘brilliant’, but lack the funds to support your makeover? Never fear, we’ve rounded up five home renovation finance options that could help turn your dream into reality.
Read MoreInvestment in real property, such as residential real estate, is likely to be a lengthy process and one that usually involves a plan for the long term. To ensure you have considered what is required before making the big purchase, we’ve outlined steps you need to take in that process:
Read MoreWhen taking out a mortgage, many people forget to consider the associated fees and expenses. Here are some of the extra costs that you’ll need to consider when you take out a home loan.
Read MoreThere is more to selling your home than putting up a ‘For Sale’ sign on your front lawn. Take a loot at the first things you should check off your list to help you get a favourable result from your investment and to ensure the process runs as smoothly as possible.
Read MoreIt is a must for borrowers to have a good credit standing when it is their first time applying for a home loan. Not only do credit scores indicate the borrowing behaviour of the applicant, but they also dictate the fate of the entire mortgage application. Does the same apply when you refinance your loan?
Read MoreCoronavirus-related bad debt charges of almost $5 billion dominated the latest bank results, but some experts say there is more pain to come.
Read MoreWhether 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 books as a result of the Coronavirus, and in many cases are wondering how they will continue to pay the bills.
Read MoreWritten by Emily Sakzewski for ABC News
With many businesses and services forced to close under the latest Federal Government restrictions to try to curb the spread of coronavirus, many Australians are feeling the pinch when it comes to finances. Especially those with a mortgage.
Read MoreYou already know the importance of maintaining consistent cash flow. Did you know that your business’s assets can be the solution?
Read MoreMany people in Australia dream of running their own small business but four out of five never do it. If you've got a good idea, develop a business plan, then talk to an MFAA Member about your small business finance options.
Read MoreBusinesses need capital if they are to grow, and sometimes need finance solutions to raise capital. If you are unable to raise capital through a loan, equity may be an alternative solution.
Read MoreDoes your business need refinancing or restructuring? As this tale of a business with urgent liquidity problems shows, having a finance broker managing the project can be the key to success.
Read MoreWhether it’s smooth sailing or your business is on the rocks, a specialist commercial broker at your side is your greatest asset.
Read MoreA dramatic increase in the number of lenders has highlighted the need for greater research and consideration, or ‘due diligence’, when searching and applying for a loan.
Read MoreWritten by James Hall for news.com.au
Homeowners across the country have been licking their lips at low interest rates, but a little-known policy is leaving borrowers paying thousands.
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