Author: Otto Dargan
folderCategory: Home Loan Articles
bookmarkTags: construction loan, Home Loan, Property Market
Why Is The Auction Market So Hot Right Now?
The auction market has opened strongly in 2023. Homebuyers across Australia should prepare for increased competition as the number of active bidders at each auction continues to rise. The majority of auctions now record more than five active bidders, similar to the boom-time...
Read morefolderCategory: Auction Market, First Home Buyers, Home Loan Articles, Property Market
bookmarkTags: auction, auction market, Australia property market, Property auction
Buy Or Wait Until July? What NSW Stamp Duty Reform 2023 Means For First-Home Buyers
There’s another new state government in New South Wales – and that means another new stamp duty scheme. On 1 July, the outgoing Liberal government’s First Home Buyer Choice is expected to be replaced with Labor’s Fresh Start plan, which features lower house price...
Read morefolderCategory: First Home Buyers, Mortgage News, NSW Property
bookmarkTags: Labor Fresh Start Plan, NSW property tax, NSW stamp duty reform, NSW transfer duty
Signs That You’re Ready To Stop Renting And Buy Your First Home
Are you tired of renting and wondering if you’re ready to buy your first home? If you’ve been thinking about it, it’s important to make sure you’re truly prepared before taking the plunge. Here are some signs that it’s time to move away from renting...
Read morefolderCategory: First Home Buyers
bookmarkTags: First home Buyer, home loan articles
What’s Driving Investor Interest In The Property Market?
The RBA’s decision to hold the cash rate at 3.6% in April, after 10 consecutive rate rises, might renew confidence in the property market. The interest rate pause also suggests that the worst period might be over for the housing market, which may encourage buyers waiting on...
Read morefolderCategory: Property Market
bookmarkTags: Australian property market, Investment, Property Investment
Lenders Reduce Fixed Rates In Anticipation Of End To Rate Hikes
Several lenders have just reduced their fixed rates. It happened shortly after Tuesday’s announcement by the Reserve Bank of Australia (RBA). One of the biggest banks in Australia reduced its fixed interest rates by up to 0.3 percentage points, dropping them to as low...
Read morefolderCategory: Interest Rate
bookmarkTags: Fixed Rate
Making Your First Home A Reality: Financial Support Options In NSW
Buying your first home is an exciting milestone, but it can also be a daunting experience, especially regarding finances. Fortunately, the Australian Government has introduced several schemes to help first-home buyers make their dream of homeownership a reality. In this blog,...
Read morefolderCategory: Financial Hardship, First Home Buyers, Home Loan Articles
bookmarkTags: First home Buyer, government schemes homebuying, nsw financial support
Why Expats & Non-Residents Are Flocking To Australia’s Property Market
The number of expats and other non-residents interested in buying investment property in Australia is rising. Home Loan Experts’ data showed a 100% rise in expat enquiries for investment properties in January 2023, compared with the lowest point in 2022. A further surge of...
Read morefolderCategory: Overseas Borrowers
bookmarkTags: foreign investment, Investors, Non-Resident, Property Investment
How Rate Rises Can Affect Your Pre-Approval | Home Loan Experts
If you are in the market for a new home, you have probably heard of pre-approval – an agreement with a lender in which it confirms that it is willing to lend you a certain amount of money to purchase a home. But did you know that rising interest rates can affect your pre-approval,...
Read morefolderCategory: Home Loan Articles
bookmarkTags: Interest Rates, Pre approval, Property Market
Refinance Now Or Wait: Is The Peak Of Interest Rate Increases Behind Us?
Refinancing can be a smart financial move for homeowners looking to save money in the long run or reduce their short-term living expenses. Despite the record numbers of mortgage holders who have already taken advantage of refinancing, many have yet to explore whether they could...
Read morefolderCategory: cash rate, Fixed Rate Loans, Property Market, Variable Rate Home Loans
bookmarkTags: fixed or variable, fixed rate loan, refinancing, variable rate loan