How Much Can You Borrow As An Expat?
When living and working overseas, many expats end up being surprised by how little they are able to borrow
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What Impact Will the RBA Rate Cuts Have on Property Prices?
Just last week, the RBA cut the official cash rate to a record low of 0.5%. With an already buoyant property market – particularly on the east coast – what will these further rate cuts do to property prices? Interestingly, the RBA itself recently suggested that a 1.0% fall in the official cash rate could…
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What to do if your income has taken a hit.
There is a lot of uncertainty in the air at the moment and one of the biggest concerns for both investors and lenders is around people’s incomes. The unprecedented economic shutdown has seen some areas get hit harder than others, and if you’re in a highly impacted industry you could potentially have lost some or…
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New Home Loans are Growing as Owner-Occupiers Lead the Recovery.
There’s more evidence to suggest that housing could well have a strong year as the number of mortgage commitments jumped in December. New loans grew by 4.4% which was the largest spike we’ve seen since September of 2016, which was back during the peak of the housing boom in Sydney and Melbourne. However, unlike the…
