Home loan commitments rise by 13.3% As we move further into the year, we are seeing more buyers enter the market. This in turn is pushing property prices up and therefore the size of loans buyers are borrowing is also rising. Prices have risen in 88.4% of suburbsAustralia has hundreds of different property markets, which…
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Being in the real estate industry, we always find it so interesting reading articles on the property market and how it compares to what our team are seeing. The latest article from Domain is a great read if you are a buyer, seller or just curious on how the property market has performed in 2024…
Gearing up to sell your property often comes with a to-do list. On this list are the things you want to achieve to make your house look its very best before you open wide the doors to potential buyers. While it may be a little counter-intuitive to spend a fortune upgrading or renovating a home…
There’s always lots happening in the finance world with interest rates and new legislation forever changing. What a year its been with interest rates continuing to rise, I’m sure you will agree those few months on pause gave us all a little breather! Our friends at the Finance Co. Group have given us their latest…
No doubt, you have been bombarded with information regarding rising interest rates in the media of late. You are not alone when it comes to increased interest rates and feeling the pinch with increased repayments and a forever increasing cost of living. The team at Finance Co. Group may be able to request a lower…
Refinancing jumps 12.6% year-on-year Refinancing activity has remained at record highs in recent months, as borrowers continued to switch lenders amid interest rate rises, according to the Australian Bureau of Statistics. Owner-occupiers and investors refinanced a combined $20.2 billion of loans with external lenders in June. While that was 3.1% lower than the month before,…
Settlement day is the day you finally take ownership of your new home. But what actually happens? And what do will you need to do for settlement when you’re buying a property? Read our guide to find out. Settlement day is that much anticipated day when you finally take ownership of your new home. It’s…
The NSW Government will introduce legislation into NSW Parliament to create a simpler, fairer stamp duty concession scheme ensuring 84% or 5 out of every 6 of future first home buyers will pay no tax or a reduced rate, starting from Saturday 1 July 2023. Under the Minns Labor Government’s changes to the First Home Buyers…
We are now well into the New Year and many are wondering what the property market will look like for us in 2023. Will there be more rate increases and will mortgage holders finally start to see some relief? Refinancing at an all-time high – It’s no surprise that borrowers refinanced a record $19.5 billion…
With an unprecedented number of rate increases this year, many mortgage holders have been left feeling the brunt of these increases. Combine this with inflation which has risen by 1% and we have all been left wondering when things will start to ease up. We recently reached out to our finance guru from The Finance…