Property owners and prospective first home buyers are increasingly in need of clear guidance on home lending as the housing markets in Melbourne and Sydney begin to cool, says the Housing Industry Association.
With housing values falling across half of Australia’s capital cities over the past year it can be all too easy to forget many regions are doing well. Here’s where property prices have recently experienced healthy growth.
We all know that choosing the perfect investment and getting the timing right are both critical. What people often overlook, however, is selecting the right investment ownership model.
A question we often get goes something along the lines of: ‘I make my repayments on time, and I save $1,000 per month, why is the bank saying I can’t service a loan?’ Here’s how banks conduct loan serviceability.
Information is power. Knowing how much a property is worth can help you secure a great price during negotiations.
