Bushfires have devastated communities across Australia, but help is flooding in from business, government and individuals. Big banks and small lenders have been quick to step up with a raft of measures to ease the pressure on affected customers, from waiving fees and deferring repayments to fast-tracking low-interest rebuilding loans….
Many first home buyers now have access to a new government scheme that could get them into their first homes years sooner. Housing affordability is a key challenge for many younger people who are struggling to get into the housing market. Despite historically high house prices levelling out and lower…
If you’re looking to renovate or redecorate your bathroom there are lots of ways to get a great result without breaking the bank. Redoing your bathroom can be extremely costly but the good news is that it’s also one of the easiest places to make savings.
With the uncertainty of tax changes gone, a lessening of borrowing restrictions, and a new scheme to help first home buyers – coupled with two interest rate drops – it looks like things are swinging back into the borrowers’ favour. The election result took most of us by surprise. The…
When you’re looking for a new home loan, the question is not, ‘How much can I borrow?’ Instead you should be asking, ‘How much can I afford to repay?’ This key factor is one of the ways lenders work out the size of your loan, and it’s called ‘serviceability.’
The way banks assess you and a loan application have changed in recent years. A credit score is now something they look at as an indicator of your ability to service a loan. By following a few simple tips and getting into good habits, you can improve your score and your chances of securing that loan.
Comprehensive Credit Reporting, or ‘Positive Reporting’ is here. And while the banks may not be happy about sharing their customers’ information with other banks, borrowers like you stand to benefit a lot more.
Is the Great Australian Dream to own your own home over? That’s the question on the lips of Millennials around Australia… and indeed many of their parents who are still providing a roof over the head of these 20-plus somethings.