One in two Australian home buyers1 now borrow via a broker. A dip in sentiment towards traditional banks, tighter lending criteria for investors and better-educated consumers have all helped boost mortgage brokers' popularity over the past decade. There are, indeed, a raft of reasons to turn to a broker for…
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It's no secret tax deductions, in addition to capital gains, remain a carrot for property investors. But tax rules have tightened, and the landscape is always shifting, making it hard for the average person to keep up with what's claimable, and what's not. With June 30 creeping up, Haven looks…
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Taking on a mortgage means taking control of your finances. Adding an investment property to your loan portfolio requires additional discipline and planning. With interest rates lingering at record lows, it's important those taking on another mortgage look beyond the here and now and invest in some long-term thinking.
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The countdown to Christmas seems an unlikely time to suggest ways to save. But why wait for the New Year to make financial resolutions? We’re tipping the spending season on its head to get your money working harder for you over Christmas and into 2018.
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Despite regulatory attempts to cool their heels, property investors still account for nearly one in three residential loans. Even first-time home buyers, who may not be able to own where they want to live, are dipping their toe in the investment market.
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You’ve dog-eared magazines, spent countless weekends at display villages and finally made the bold decision to build rather than buy a home. While choosing where and what to build are exciting and giant steps, you might not feel as enthusiastic about the necessary building contracts and approvals. But knowing your…
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It’s a perennial question when it comes to real estate: should you sell at auction or via private treaty? Some sellers prefer the predictability of setting a price, while others are prepared to let their property go to the highest bidder.
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If you have seen the movie Money Pit, in which Tom Hanks and Shelley Long play a hapless couple whose home renovations plummet from bad to disastrous with every swing of the hammer, it’s easy to see why buyers should be beware.
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Switching home loans could help pay down your mortgage sooner, providing you are refinancing for the right reasons and understand what’s involved. Here’s our guide to refinancing to help you make the right move when the time comes.
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Recent changes by the Australian Prudential Regulation Authority (APRA) have led to significant tightening of investment lending criteria by the major lenders.
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