Having “the talk” might be awkward, you may feel uncomfortable and in the end, tears could indeed be shed. But Mozo’s recent research has indicated that they’re more likely to be tears of joy not sadness, with seven in 10 Australian home loan hagglers successfully negotiating a cheaper interest rate on their home loan.
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The end of the financial year is fast approaching and lots of Aussies are ready to bag a bargain at the EOFY sales, whether it’s an upgraded laptop, a new set of wheels or that new dishwasher you’ve been coveting for months.
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Often, saving up a lump sum home loan deposit is the toughest part of getting into the property market for young Aussie home buyers. One WA property developer has put a plan in place to make that a problem of the past, but is it all it’s cracked up to be?
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If the Banking Royal Commission has shown one thing, it’s that Aussies shouldn’t blindly trust that the big banks have their best interests at heart. But the good news is, if you’re feeling let down by the dodgy practices being brought to light, there is something you can do about it - switch.
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Painting young Aussies as smashed-avo-eating, instagram-obsessed kids with an entitlement complex may have been a bit too harsh, ING’s new Millennial Homeownership Report has revealed.
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We talk a lot about how important it is to find a great home loan deal, but do you really know what that means?
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When the First Home Super Saver Scheme (FHSSS) was first introduced, it was touted by Treasurer Scott Morrison as a plan that would help young home buyers “accelerate their savings by at least 30%.” But that won’t work if Aussies don’t know what it is or how to access it, Gateway Bank has suggested.
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Much has been made of hamburgers and milkshakes in the lead up to the 2018 Federal Budget, but following its release by Treasurer Scott Morrison last night, did the budget end up delivering any mouth-watering morsels for Australian property owners?
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May is officially upon us and so is the chillier weather. But while some shoppers score a bargain at the winter knitwear sales, many Aussies instead look to add a hot home loan deal to their shopping list.
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The possibility of a change in the 1.50% official cash rate remains highly unlikely ahead of Tuesday’s May Reserve Bank board meeting, with the consensus pointing towards a fourth hold for 2018.
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