Internal migration to regional Australia increased by 4.6 per cent over the last three months — its highest level since the September 2022 quarter and 14 percent above the pre-Covid average.
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This article was updated on 1 March 2024 to reflect the Up Home Variable Rate dropping from 6.15% p.a. to 5.95% p.a.
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Aussie borrowers looking for lower rates, faster approval processes and flexible lending terms are deserting the big banks in earnest for more competitive lenders. But with so many different options available, which rival lenders really stand out from the pack?
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Below are a few highlights from the latest Westpac Housing Pulse report, which offers a quick view of the property market, prices, interest rates and general trends.
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Mortgage stress among Aussies increased in January to a record high of more than 1.6 million, says Roy Morgan.
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It’s true that in the big cities, median property prices are very high and the home loan required for such properties is a sizable ask.
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Santa Claus had one thing right when it came to doing things smarter, if you make a list of everything you want to achieve and check it twice, you’re more likely to achieve your goals, whether they are financial or simply life goals.
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Finding the right home loan takes time. And so it should. It’s a big commitment to buy a home.
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Owning a home in Australia remains an aspiration for many - the Great Australian Dream is still a dream.
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A low-deposit home loan with no LMI? In the words of Darryl Kerrigan from The Castle, “Tell him he’s dreaming”.
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