This article summarises what we can expect from the COVID-19 pandemic. It covers Government support packages for both individuals and businesses, how banks are approaching home loans, the impact of past market crashes and corrections, what to focus on when it comes to personal finance, as well as how to best look after your health during this pandemic.
This article is about the First Home Loan deposit scheme. It outlines the eligibility criteria as well as discussing the advantages and disadvantages of the scheme. It encourages readers to see a mortgage broker or lender to guide them through the application process.
With the current low interest rates, investors are reconsidering repaying their mortgages quicker and are now seeking investment alternatives. With the help of a case study, this article explores moving surplus cash flow into other wealth creation opportunities.
The Reserve Bank of Australia is widely tipped to reduce interest rates again to historic lows. Easton Wealth economist Emmanuel Calligeris explores the impact.
It’s a common misconception that mortgage offset accounts are loan products when in fact they are savings accounts sitting within a mortgage structure. If you’re not sure how mortgage offset accounts might benefit you – read on!
You’re moving into your new home; corks are popping and there are smiles all around – classic advertising that for many seems unattainable.
Although many Australians may want to bash the banks over tighter home lending criteria, it’s the bank regulator, the Australian Prudential Regulatory Authority (APRA) that has set these requirements to address the risks in the mortgage market. Low deposits were increasing the risks carried by lenders.