Home Loan Guide

Tip: In preparation to apply for a home/investment loan lenders require an accurate picture of your living expenses. You need to use actual figures and decide what is essential and what is discretionary. The use of actual figures is important, don't add a buffer or use the highest ever bill you have received.

The Reserve Bank has left interest rates on hold again. The expectation is they will remain unchanged for the rest of this year. The property market in Sydney and Melbourne has cooled and they realise families are dealing with high living costs.

First Home Buyers are starting to use the stock market as a way of building their deposit more quickly. Everything has risks and if you are prepared for them it may help.
.

‘It is becoming more and more difficult to save for a house’ A GROWING number of young Australians are stashing their cash in the stock market in a bid to build wealth and get a foot on the property ladder.