Are you considering buying a house in Melbourne, Australia? There are things you should keep in mind to ensure you get the best deal. The first one is the location. Where precisely in Melbourne do you want to buy the property? Additionally, do you know how much to borrow for a house in Melbourne? And…
With the property market running hot, mortgage lending is at historically high levels, according to the most recent data from the Australian Bureau of Statistics. Australians took out $28.6 billion of home loans in February – 1.8% lower than the month before but a massive 55.2% higher than the year before. With so much demand…
Refinancing your mortgage is something that involves taking out a new loan, in order to pay off the original loan for your mortgage. In a lot of cases, a lot of homeowners look at refinancing your mortgage as a way to take advantage of some lower interest rates. It could be to reduce how much…
Whether you’re taking your first step onto the property ladder and buying your first home, or you’ve been buying property for years, you should understand the importance of knowing exactly how much mortgages in Australia are likely to cost. What is the current home loan rate in Australia? First of all, it’s best to have…
Buying your first home or property is a massive investment. The costs involved mean that most buyers, particularly first-time buyers, are required to take out a loan. A mortgage is a specific loan that is designed for buying property, otherwise known as a home loan. There are two aspects to every mortgage that are universal….
Buying your first home? Owned a home before and looking for a refresher course? Either way, STARK Finance is here to offer you some great Australia home buying tips. When you are buying your first home, here are some considerations to keep in mind: Always Consider the Long Term How long are you planning to stay in…
