23 Jul What is the Household Expenditure Measure (HEM)?
Your living expenses play an important part in your broker, or the bank assess your home loan application. To work out your Borrowing Capacity, your living expenses will be a...
14 Nov Will the next home loan you take out might have to be smaller
The prudential regulator APRA on Wednesday ordered banks to lift the “buffer” they add to market interest rates when assessing borrower capacity to repay loans. Here is what that move will mean in...
11 Oct New homebuyer fund launched in Victoria
The state has launched a new home-buyer fund, under which it will pay 25 per cent of the property purchase price if eligible borrowers have a 5 per cent deposit. The...
10 Oct Company directors given 12 months to apply for ID until Nov 2022
Australian company directors have one year to apply for their unique director identification number before fines of over $1.1 million are issued for non-compliance. Existing company directors will now be required to apply...
01 Aug Why cheap fixed mortgage rates are on the rise
If you are thinking about locking in a cheap fixed interest rate on your mortgage, the clear message from financial markets is that those rates will probably climb in the...
22 Jun Government expands FHLDS property price caps
The Treasury has expanded the property price caps for homes purchased under the First Home Loan Deposit Scheme and Family Home Guarantee. The federal government has confirmed new property price caps for the First...
18 Jun Tips for buying a house at auction
Property auctions can quickly descend into fast-paced shootouts fuelled by adrenalin and ego as buyers fight for the front door keys. While it might seem daunting, our tips for buying...
28 Mar Family Security Guarantee
Saving for a home deposit is no mean feat. But there’s a way to make it more achievable, with a little help from those closest to you. What is a Family...
22 Mar Fixed Rates under 1.99% – Take advantage of lower rates
Feel free in getting touch with us – NO OBLIGATION and we will help where we can. Nirosh Weerasinghe 0401 976 188 Chamila Suraweera 0402 927 220 Shane Cross 0421 427 272 Sumeet Agrrawal ...
11 Mar Home loan terminology – jargon buster
Buying your first home can feel like you’ve stepped into a world where everyone speaks a foreign language. Use this jargon buster to look up terms and phrases you may...