How does NRMA Insurance's new home loan compare to the competition?
Not only can NRMA insure your home, but they can now help you buy one.
Property values could reach new price peak in two months, new Domain report shows
Great news for homeowners, bad news for home buyers: Domain says house and unit prices in Australia’s capital cities will fully recover value lost in the 2022 downturn by the end of 2023 – in two months.
Australia has a housing problem. Are granny flats the solution to the crisis?
Like many other developed nations, Australia is grappling with a housing crisis. The combination of soaring rental rates, a growing number of single-occupant households, and increasing migration levels have resulted in a severe shortage of affordable housing options, creating a supply-demand imbalance.
Somehow the property market is good for both buyers and sellers right now
Usually, the property market leans one way or another. It’s either great for sellers seeking capital gains because there’s lots of competition, or it’s great for buyers because there are a lot of homes for sale and not much demand – meaning you could grab a property with a cheaper home loan.
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When is the best time to sell a house? A new report has the answer
To sell or not to sell… that is the question. Generally, when it comes to investing in anything, time in the market is advised over timing the market. However, due to the seasonality of the property market, knowing the best time to sell could mean a significant difference in total returns. So have we passed that date, or is it still on the horizon?
Small cuts & big savings: how refinancing your home loan could save you thousands of dollars
Despite the Reserve Bank of Australia (RBA) holding the cash rate at 4.10% since June 2023, home loan lenders continue to chop and change their interest rates, meaning new opportunities for borrowers to refinance are always cropping up.
Mortgage expert answers your silly home loan questions (Part 2)
Confused about how a home loan works? You’re not alone. Google is full of silly and awkwardly worded questions about mortgages and the property market, so let’s have another look at some of the funniest – and get some serious expert answers.
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Rental vacancy rates hit new low, new PropTrack report finds
Australia’s national rental vacancy rate fell 0.6% down to 1.06% in September according to the latest PropTrack Market Insight Report. It also found that vacant properties are now 55% below March 2020 levels.
Best interest rates fall around 5.60% p.a. right now for savings and home loans
Saving and spending are two key parts of money management. Right now, we’re in a high-interest-rate environment, meaning home loans, savings accounts, and term deposits are all much loftier than they used to be.
Units for sale? Three cheapest suburbs in Australian capital cities
First home buyers might have a window of opportunity to get on the property ladder with a smaller home loan. Domain reports that median unit prices have fallen in some of Sydney’s hottest suburbs, such as Glebe, Chippendale, and Redfern, by -10% to -19% in the last five years.