Haven's tips to keep the Grinch at bay as interest rates rocket. The message is loud and clear. The Reserve Bank of Australia wants households to tighten their belts to...
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Millions of Australians on low fixed-rate loans will be bracing for impact when they expire in the next year. It’s time to get prepared to manage the bill shock of coming off a fixed rate. Don’t panic but start planning Until recently, many Australian mortgage holders have only ever experienced…
Navigating the dos and don’ts of investment property returns. Rental properties and holiday homes are once again in the sights of the Australian Tax Office, which has had growing success identifying erroneous claims. Last year about 70 per cent of returns related to investment properties audited by the ATO had…
Renovating for profit can be a tricky business in a cooling market. But it’s more a science than an art if you know the pitfalls. Here are six common mistakes to avoid. 1. Not having a plan This obvious but common error is responsible for a host of renovating sins,…
House prices have surged, meaning hidden costs associated with buying a home have jumped too. If you’re on the hunt for a new property, it’s worth checking your budget still covers the extras that can add tens of thousands to your costs. In the past two years, the average house…
It may be an admirable trait in personal relationships, but in financial matters, loyalty can come at a cost. Sticking with the same loan longer than three years can cost borrowers thousands, with competition to win business resulting in new customers paying lower rates than existing ones. This so-called loyalty…
In a year when just about every real estate record was broken, home buyers turned to mortgage brokers in droves. More than two-thirds – a record 66.9 per cent – of residential mortgages were written by brokers in 2021.1 That’s a leap of 6.8 per cent on the year before…
Lenders are helping parents boost their children’s buying power without putting their house or relationships on the line.
Younger Australians are striking out in the regions. Where are the hotspots and could it be right for you?