First time buyers Archives - Page 3 of 10

Is the transfer of Intergenerational Wealth the new “Bank of Mum and Dad”

January 21, 2022

Brisbane, First time buyers, Home buying & selling, Melbourne, Sydney

An unintended consequence of the housing market boom is the accumulation in personal wealth, with the Productivity Commission this week releasing a report that inheritances are rising dramatically. In 2018 the average inheritance was about $125,000 but this is expected…

Lender options beyond the “Big four”

January 19, 2022

Andrew Mirams

Financial Planning, First time buyers, Home buying & selling, Investing

No Comments

Taking out a mortgage to buy a property is a big step and one of the first questions you’ll face is, which lender should you choose? It can be an overwhelming decision because comparing home loan products is difficult. There…

How to get a home improvement loan without equity

January 17, 2022

Andrew Mirams

Financial Planning, First time buyers, Home buying & selling, Investing, Melbourne, Sydney, Uncategorized

No Comments

You’ve got a brand-new mortgage, most of the boxes are unpacked, you’re settling in nicely and you’ve made a few loan repayments. Home ownership is going well, so far. But an unexpected turn of events means you need to tackle…

What finance factors drive buyer confidence?

December 17, 2021

Andrew Mirams

First time buyers, Home buying & selling, Investing

No Comments

Buyer confidence in Australia’s real estate market is riding high at the moment – the highest in more than a decade – but what’s behind this surge to the housing market and what finance factors are driving this extraordinary…

Whats next for interest rates?

December 9, 2021

Andrew Mirams

First time buyers, Home buying & selling, Investing, Melbourne

No Comments

Interest rate bingo entails making a successful guess about when we’ll see our first interest rate rise in Australia since 2010, and for most of the year it’s been even money that the increase will come in early 2024.…

My top 10 tips for getting your finance approved first time

November 15, 2021

Lachlan Mirams

Financial Planning, First time buyers, Investing, Melbourne

No Comments

When you’re buying property in this market you need to move fast. Days on market are short at the moment (although they are starting to stretch). Property prices are still rising, although the pace is slowing, and if you’re…

Why the rush to Melbourne’s regions won’t last forever

October 11, 2021

Andrew Mirams

Financial Planning, First time buyers, Home buying & selling, Investing, Lifestyle, Melbourne, Sandringham (Melbourne)

No Comments

One of the biggest property stories to emerge from COVID in 2020 and 2021 has been the flight to regional areas, with all three states on the Eastern seaboard reporting a jump in property prices as demand spiked and…

It just got harder to get a home loan – Here’s what APRA’s tightened lending standards mean for borrowers

October 8, 2021

Andrew Mirams

Brisbane, First time buyers, Home buying & selling, Investing, Melbourne, Sydney

2

As forecast last week by your truly, skyrocketing house prices in most markets are putting the financial regulators under pressure to take action – and this week they have. The Australian Prudential Regulation Authority (APRA – the body in…

The flaws in those ‘Top growth suburbs’ lists – Is this really Brisbane’s top 30 suburbs

October 7, 2021

Andrew Mirams

Brisbane, First time buyers, Home buying & selling, Investing, Lifestyle

No Comments

Real estate research business, REA (the News Corp business behind realestate.com.au and others) announced its top 30 suburbs for house price and unit price growth recently, delivering a list that included some surprises alongside the predictable stalwarts. You can…

What do Sydney’s rising house prices mean for homeowners, investors, and first-home buyers?

September 1, 2021

Andrew Mirams

First time buyers, Home buying & selling, Investing, Sydney

2

There’s some well-worn rhetoric that gets ample airtime on the nation’s media landscape – the Australian dream of home ownership is dead for the next generation, with young first-home buyers being priced out of the market in droves. And…