Moving House
Friday, June 4th, 2010
The property market has remained strong for the past 12 months, but now amid concerns of rising interest rates and threats of a global economic slowdown – property buyers are holding back.
While auctions account for less than a quarter of all dwelling transactions nationally, Cameron Kusher, senior research analyst at Rpdata.com says, “auction clearance rates provide an excellent indication of current market sentiment; the results are more timely than private treaty results which are subject to time lags.” (more…)
Posted in Buying to Invest, First Time Buyers, Interest Rates, Moving House | June 4th, 2010 No Comments » Tags: affordability, Budget, First Home Buyers, Home Loan, Home Loans, Move House, Property, Property Market, Upgrade
Monday, May 3rd, 2010
It seems that investors are not the only ones interested in capitalising on the current market opportunities. QBE LMI’s Chief executive officer Ian Graham believes that upgraders will also be contributing to property market movements in 2011.
Mr Graham believes the coming year will see upgraders stepping up to fill the demand gap created by the decline in first home buyer activity since the federal government’s boosted first home buyer stimulus was withdrawn. (more…)
Posted in Buying to Invest, First Time Buyers, Moving House | May 3rd, 2010 No Comments » Tags: affordability, Budget, First Home Buyers, Home Loan, Home Loans, Invest, Move House, Upgrade
Wednesday, April 28th, 2010
Read the full article here, http://bit.ly/cHTuuj
Have a read through and cast your vote on the blog poll or comment your thoughts below – we want to know: Would you rent as a lifestyle choice or would you prefer to live in a home that you own?
Posted in Buying to Invest, First Time Buyers, Moving House | April 28th, 2010 No Comments » Tags: affordability, First Home Buyers, Home Loan, Home Loans, Invest, Move House, Property, Rent
Monday, February 15th, 2010
Resi Home Loans is proud to announce that they are the Your Mortgage overall non-bank winner for Best Value Introductory Loan for Switch & Save.
Their award winning product, Switch & Save tops competition within the non-bank category not only because of its current low variable introductory rate of 5.70%* but also thanks to its competitive revert rate that kicks in after 24 months and no start-up or ongoing fees.
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Posted in Buying to Invest, First Time Buyers, Interest Rates, Moving House, Refinancing | February 15th, 2010 No Comments » Tags: affordability, First Home Buyers, Home Loan, Home Loans, Interest Rates, Invest, Lender, Move House, Property, Refinance, Variable loan, variable rate
Thursday, January 28th, 2010
With so much talk of increasing house prices and affordability – RP Data and Rismark are challenging this belief. From last week’s research, they claim that housing affordability has not declined since 2003. According to Rismark’s CEO, Christopher Joye, “There is an uninformed perception that houses are much more expensive now, compared to our household incomes, than they ever have been before.”
“But that is not correct, affordability in the housing market is not deteriorating rapidly, average house prices are not seven to eight times household incomes as is often quoted,” he says
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Posted in Buying to Invest, First Time Buyers, Moving House | January 28th, 2010 3 Comments » Tags: affordability, Budget, First Home Buyers, Home Loan, Home Loans, Invest, Move House, Property
Thursday, January 28th, 2010
This has been a contentious issue over the years among both researchers and economists – but data from Australian Property Monitors and RP Data’s Rismark has reignited this in the last few days.
An Australian Property Monitors’ Quarterly Housing report revealed, “2009 ended with the strongest annual house price growth since 2003,” which supports the view that residential property is unaffordable. APM also revealed over the December quarter the Australian property market saw a 4.8 per cent rise in median house prices nationally and 12.1 per cent rise overall for the year.
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Posted in Buying to Invest, First Time Buyers, Moving House | January 28th, 2010 1 Comment » Tags: affordability, Budget, First Home Buyers, Home Loans, Invest, Move House, Property
Thursday, January 14th, 2010
Mortgage related insurances are set to become more popular this year as repayments rise and mortgage holders seek to protect their financial ability to keep their property.
The current rate climate is likely to jolt some borrowers into action to investigate what protection they can put into place, if the ability to pay their mortgage is affected by an event and many borrowers are blissfully unaware of the risk posed if they are unable to meet mortgage repayments because of sickness, prolonged illness, injury or death.
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Posted in Buying to Invest, First Time Buyers, Interest Rates, Moving House, Refinancing, Uncategorized | January 14th, 2010 5 Comments » Tags: Home Loan, Home Loans, Insurance, Lender, Lenders Mortgage Insurance
Wednesday, December 30th, 2009
Consumers should lower the limits on their credit cards to improve their ability to borrow for a home. High credit card limit reduces the amount a financier would lend to a borrower.
Lenders evaluate a loan application on a few criteria but a high credit card limit was considered to reduce a borrower’s capacity to repay a mortgage.
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Posted in Buying to Invest, First Time Buyers, Interest Rates, Moving House, Refinancing | December 30th, 2009 2 Comments » Tags: Budget, Credit Cards, Home Loan, Home Loans
Monday, November 30th, 2009
Despite the challenging economic times, borrowers still need to meet their financial obligations – including their home loan. So it’s a good time to take stock and see if you’re getting enough mileage from your mortgage.
Listed below are ten simple ways to squeeze the most from your home loan:
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Posted in Buying to Invest, First Time Buyers, Interest Rates, Moving House, Refinancing | November 30th, 2009 No Comments » Tags: Debt Consolidation, Home Loan, Interest Rates
Monday, November 30th, 2009
Each year Australians spend billions of dollars renovating or rebuilding their homes as they seek to improve their lifestyle, make adjustments to suit their changing circumstances, or simply enhance the value of their home.
As we grow in our relationships, our needs often change with regard to the home we live in. Our financial situation may improve which provides greater accommodation options, or indeed we may add to the family unit by having children or need to prepare for other family members to move into the home.
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Posted in Buying to Invest, Interest Rates, Moving House | November 30th, 2009 No Comments » Tags: Invest, Move House, Renovate
