Budget winners: first home buyers, regional buyers, single parents
First home buyers, regional buyers and single parents keen to crack the property market are the big winners in this year’s federal budget – with 50,000 low deposit, no LMI scheme spots up for grabs. Want to buy your first home with just a 5% deposit and pay no lenders’ mortgage insurance? You could be […]
How much have car prices gone up since the pandemic began?
Most of you would have noticed that car prices have gone up significantly over the past two years. But how much have they gone up exactly? Let’s take a look. You’re not imagining things – both new and used vehicle prices have spiked over the past two years (not to mention, house prices, petrol, groceries […]
16 ways the government should tackle housing affordability: report
Think property prices have gone a little bonkers? You’re not the only one. Which is why a report with 16 recommendations to tackle housing affordability has just been plonked on pollies’ desks in Canberra. Today we’ll run through them for you (succinctly, we promise). You might have noticed that property prices have skyrocketed over the […]
What’s your debt-to-income ratio? And why do lenders care about it?
New data from the lending watchdog reveals almost one in four new mortgages are risky. How are they deemed risky? Well, it’s got something to do with your debt-to-income ratio, which we’ll explain in this week’s article. Your debt-to-income (DTI) ratio might sound complicated, but it’s really very simple to work out. Basically, your DTI […]
Flood victims can defer loan repayments for up to 3 months
Home and business owners impacted by the floods in New South Wales and Queensland can apply to their lender for a three-month loan deferral or reduced payment arrangement. Here’s how to apply if you or someone you know has been impacted. Another year, another disaster. In 2019 it was the bushfires. In 2020 it was […]
Which two capital cities might have just hit their property price peak?
It’s a three-speed property market across the country right now, with two capital cities showing signs prices might’ve peaked, three cities looking like they could soon peak, and three still going strong. How is the market performing in your neck of the woods? While national housing prices have increased a staggering 20.6% over the past […]
Where are tradies most in demand at the moment?
Keen to tackle a renovation project in 2022? You might have noticed that tradies are hard to pin down at the moment. So if you live in one of the suburbs in this week’s article, you might want to get the ball rolling sooner rather than later… If you’ve ever watched The Block, you’ll know […]