3 Ways First Home Buyers Can Get into the Property Market Sooner Owning a home is a key goal for many first home buyers. To get there sooner, consider the Bank of Mum and Dad, State Government assistance, or co-buying with family or friends. Bank of Mum and Dad In the past 20 years,…
First Home Buyer FAQs: Your Guide to Understanding Deposits If you’re a first home buyer ready to embark on your journey to home ownership, one important consideration is the size of your deposit. Not only does your deposit determine how much you could borrow, but it can also impact the interest rate and other fees…
Why Australians’ Borrowing Power May Soon Get a Boost To ease cost of living pressures, the Australian government announced tax cuts for 13.6 million taxpayers and rebates for households. While beneficial, these cuts may impact borrowing power and create opportunities for first home buyers. A Boost from the Budget Treasurer Jim Chalmers announced…
Artificial Intelligence and Financial Scams: Protecting Your Finances AI has the potential to boost productivity, healthcare, and education, but it also brings new challenges and sophisticated financial scams. The first step towards keeping our finances safe is understanding the ways in which AI is being exploited. How AI is being used in financial scams Technology…
How to Avoid Paying Lenders’ Mortgage Insurance When buying your first home every cost saving counts. But if you’re struggling to save a large enough deposit, there’s a good chance you’ll have to pay Lenders’ Mortgage Insurance. Lenders’ Mortgage Insurance can be a sizeable cost, so it’s worthwhile finding out about it upfront and factoring…