By David Baruffi, Financial Advisor If you’re looking for a creative way to overcome being locked out of the property market by rising prices, buying a house with a group of friends may be a solution. It can also be a minefield though, so here’s how to avoid a blast. While the excitement of banding […]
How to pay off your mortgage faster and save dollars
By David Baruffi, Financial Adviser Reducing the life of your loan isn’t difficult; there are many simple things you can do to cut years off your mortgage. 3 tips that will help you be mortgage-free sooner than planned 1. Small extra repayments One of the most obvious ways to pay off your home loan quicker is […]
Who are the different parties involved in purchasing property?
By David Baruffi, Financial Advisor Purchasing a property is a thrilling yet nerve-wracking experience, which is why it can be handy to surround yourself with a network of support and expertise. Here are the different parties who may be involved in your home-buying process and how you can use this valuable knowledge base to answer […]
Getting ready to buy your first home? Here are 6 tips to get you started.
By Casey Shaw, Financial Advisor So you want to buy your first home but aren’t sure what you need to do to make sure you are ready? It is part of the great Australian dream to own your home. We have set out a list of 6 tips you can do now to start planning […]
By Casey Shaw, Financial Advisor Are you looking at buying your first home at some point this year? If you’ve never been through the process of buying your first home you may be wondering what actually happens. Here are 9 key steps involved in buying your first home and some important things to consider: 1. Determine […]
By replacing your existing loan with a new one, you could take advantage of a better deal. Even if you secured a competitive package when you first took out your home loan, it’s worth reviewing each year1 to ensure the interest rates, fees and features continue to meet your needs. With interest rates also at […]
What does buying off the plan mean: the fine print
By Kate Beaumont, Mortgage Broker Buying a property off the plan can come with a number of incentives: government grants and building bonuses to help boost the construction industry, a lock-in price for the current market value, potential for capital gains, tax advantages and a seven-year builder’s guarantee. Off the plan purchases tend to be […]
The Australian housing market – surging unit supply, the economy and what it all means for investors
Housing matters a lot in Australia. Having a house on a quarter acre block is part of the “Aussie dream”. Housing is a popular investment destination. And the housing cycle is a key component of the economic cycle and closely connected to interest rate movements. But in the last 15 years or so it has […]
It doesn’t have to be the stuff of dreams. There are several strategies that could help you pay off your home loan sooner. And it doesn’t necessarily mean sacrificing the things you love doing today. The first step towards paying off your home sooner is to understand your loan—how much you owe, how much you are […]
By Greg Major* Debt is not something many people like to dwell on, but with new figures showing the average Australian household owes around $245,000 in debt, for most Australians it has become a way of life. The latest AMP Natsem Report, has found that Australian household debt has been growing at a staggering rate […]