More and more parents are helping their children get a foot into the market, given that prices continue to rise each year. Here are some ways parents can help their children get that first property.

Owning your own property is normally very high up on the list of things people want to achieve in their life. However, depending on your financial goals and what stage of life you’re at, what you hope to achieve with property will likely differ quite considerably.

For first home buyers, the biggest question is usually whether to rent or buy?

4 Tips for Buying a Home

As house prices continue to rise across the country, getting into a new home can be tricky for first home buyers. Fortunately, if you’re able to get the help of a guarantor, it might mean you can get into a home of your own sooner rather than later.

Why do people refinance?

With record-low interest rates available to borrowers, it is now cheaper than ever before to service a home loan.

As the Australian economy continues to recover and house prices remain strong, there is growing speculation that interest rates are also going to be rising soon. We’ve already seen a number of the major banks increase rates on their fixed interest rate products, which implies that they believe rates are headed higher.

Does that mean you should now fix the interest rate on your mortgage?

Usually, first home buyers with less than a 20 per cent deposit need to pay Lenders Mortgage Insurance (LMI). Under FHLDS, eligible first home buyers can purchase their first home with a deposit of as little as 5 per cent; without paying LMI.

Home loans have come a long way in the past few decades, and now there are a range of features you can access that can really benefit you in the long run. Fortunately, there are a few key features that you need to know about that can make all the difference and potentially save you thousands of dollars over the life of the loan.