Why Banks Trust Accountants More for Home Loans
Buying a home is a major milestone, but securing a home loan can be challenging unless you are an accountant. In Australia, accountants have a clear advantage when applying for a mortgage. Banks see them as low-risk borrowers, which makes approvals easier and often results in better interest rates. But why do banks trust accountants […]
Can You Really Buy a House with No Deposit? Here’s How!
In today’s housing market, saving for a deposit remains one of the biggest challenges for aspiring homeowners. Rising property prices, inflation, and increasing living costs have made it difficult for many to save the traditional 20% deposit. However, buying a house without a deposit isn’t out of reach. There are several creative home financing options, […]
How Low Deposit Home Loans Can Make Sydney Homeownership a Reality
Owning a home in Sydney is a dream for many, but saving for a 20% deposit can feel overwhelming, especially with property prices continuing to climb. The good news? You don’t have to wait for years. Low deposit home loans can bring you closer to your dream home with just 5% upfront, making the path […]
Investors commit $9.72 billion of home loans…
Every state has recorded a rise in property investor borrowing over the past year, with Western Australia leading the way. Throughout Australia, investors took out $9.72 billion of home loans in November 2023, which was 18.0% higher than the year before, according to the most recent data from the Australian Bureau of Statistics. Looking at […]
Borrowers refinance a record $19.5bn of home loans
Borrowers refinance a record $19.5bn of home loans Refinancing activity is at ultra-high levels right now, as owner-occupiers and investors alike try to find home loans with lower interest rates as the Reserve Bank continues to raise the cash rate. Borrowers refinanced a record $19.5 billion of loans in November, the most recent month for […]
