Australian housing values are currently increasing at the fastest rate in seventeen years with February values across all states, averaging a 2.1% increase. The Australian market hasn’t seen an increase this high since August 2003.
A $25,000 HomeBuilder Grant for Australians looking to build a new home or substantially renovate an existing home was announced today, Thursday 4th June 2020. The Australian Government have designed the program to assist the residential construction market by encouraging the commencement of new home builds and renovations.
When one bank hikes its interest rates, the rest usually follow one after the other like dominos. Here’s the latest information on recent home loan rate rises & how to avoid getting caught up in the chain reaction.
It’s one thing to be ready to pay off a mortgage. It’s entirely another to convince lenders that you’re ready to do so, especially in the current environment of tighter lending standards. Here’s how to climb your way through the process.