'First Home Owner' Category
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Jan142010
Factors that determine the amount you can borrow
Factors that should be considered when borrowing for home loans.
Normally, banks err on the conservative side when determining how much to lend to a client. They must also consider the best ‘business interests’ of the bank, are you a good credit risk. All the while ensuring that you are capable of making the monthly repayments [...] -
Nov102009
Mortgage Broker? … He /She could be your best friend for LIFE!
photo credit: David 23
Tips for Choosing the best Mortgage Broker
If you plan on buying a new home and or refinancing your current home then it is best to work with a reputable mortgage broker. When choosing a mortgage broker, you should into account their experience and what they can do for you in order [...] -
Oct222009
Get your “Dream House” checked so it’s not a Nightmare!
photo credit: ChicagoGeek
Is It Important to Have House Inspections before Buying one?
Buying a home is an expensive process and there are many hidden or extra costs that you may not have factored in. One of these is the building and inspection. It is the purchaser’s responsibility to make sure the contract states that you [...]
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Oct022009
Latest Commentary on Home Prices
Home prices soar to record highs in August
Monthly home prices
1. Australian home prices soared to record highs in August, underpinned by low interest rates, grants to first home owners and growing confidence about the job market.
2. The RP Data-Rismark Hedonic Australian Home Value Index – the largest property database in Australia – lifted by 1.9 [...] -
Jun132009
Happy Days! here again or not yet?
Optimism abounds!
Housing jumps again!
Consumer sentiment; Housing finance
· The consumer sentiment index has surged out of recession territory. The index rose by 12.7 per cent – the biggest monthly surge in 22 years. The index is now at 17 month highs.
· The number of new housing loans is at 14-month highs, lifting by 0.9 per [...] -
Mar162009
BOOSTER for FHOG. Up to $21,000 towards YOUR new Home!
Hello again. Well hasn’t it been interesting a few weeks. I can hardly keep up with whats going on things seem to be changing so much. In this article I want to speak about the FHOG!!! That’s First Home Owners Grant. I’ll give you quick guide through how to know if you qualify and when [...]