Queensland Stamp Duty Exemption: What First Home Buyers Need to Know
Many first home buyers in Queensland are finding it harder to afford a home. With rising property prices, high deposit requirements, and hefty upfront costs like stamp duty, the financial hurdles have been challenging. Some have had to delay their plans, while others struggle to save enough for both a deposit and taxes. But things […]
Fixed vs Variable Home Loans for First Home Buyers in Australia
Choosing your first home loan can feel overwhelming. Should you pick a fixed rate for stability or a variable rate for flexibility? Understanding the differences can help you make a more informed choice and possibly save on interest over time. In this guide, Unconditional Finance explains the pros and cons of fixed and variable home […]
More consumers using loans to purchase cars, holidays and white-goods…
There was a sharp rise in the number of consumers taking out car loans in 2024, as motorists purchased a record number of new vehicles. Australians bought an unprecedented 1,220,607 new vehicles last year, with Toyota, Ford, Mazda, Kia and Mitsubishi being the most popular brands, according to the Federal Chamber of Automotive Industries. As […]
Government plans to relax home loan rules for younger borrowers…
Treasurer Jim Chalmers has instructed financial regulators to make it easier for Australians with student debt to take out a mortgage. Currently, the banking regulator, APRA, and the financial services regulator, ASIC, expect lenders to take HELP-HECS debt into account when assessing home loan applications. However, Dr Chalmers said he wanted lenders to be able […]
5 deposit strategies to consider, as loan sizes rise higher…
Owner-occupiers are stepping up in the property market as investors are stepping down, according to new data from the Australian Bureau of Statistics, while average loan sizes now range from $465,000 in the Northern Territory to $811,000 in New South Wales. During the final three months of the year, loan commitments fell 4.5% quarter-on-quarter for […]
Negative Gearing and Investment Loans: A Guide for Property Investors
Negative gearing is a commonly used investment strategy in Australia, particularly among property investors seeking to build wealth over time. It plays an important role in the property market and can influence investor decisions and government policies. But what does it really mean, and how does it relate to investment loans? For many property investors, […]
Best Lenders for First-Time Home Buyers in Australia
Buying your first home is exciting, but choosing the right lender can be challenging. With so many home loan options available, knowing where to start is key. The right lender may offer competitive rates, flexible loan features, and special incentives that could help make homeownership more accessible. In this guide, Unconditional Finance explores some of […]