Some people have lost their jobs. Some have had their businesses shut down. Others have had their wages reduced. If you are financially impacted by COVID-19, we have created this article and accompanying video to walk you through the options put together by the different lenders.
Almost all bank’s home pages now have a link which will take you to their financial assistance policies if you are impacted by coronavirus. This article will walk you through the main options you have, along with the pros and cons of each option.Read More
Buying your first home is one of life’s significant events. You’ve probably been saving for the deposit over a number of years while looking for the perfect place to call home. If you were to purchase a home today, you would most likely need to have saved up a deposit equivalent to 20% of the home’s value.
From January 1, 2020, the Federal Government has tried to make life a little easier for you. They are offering the first 10,000 eligible borrowers a hand with their deposits through the First Home Loan Deposit Scheme.Read More
We’re well and truly into Spring, and the RBA’s official cash rate is still sitting at 0.75%… Yes, below 1% – the lowest it has ever been.
This update will walk you through what the team at OneSite are currently observing in the Home Loan and general Credit Markets. There are currently a number of factors affecting the credit markets; mainly rate cuts, property market outlook and regulatory changes.
The article will also show you the current lender specials following the RBA announcing a third rate cut in quick succession.Read More
The rise of new apartment developments in our cities provides greater opportunities for potential homeowners to buy off the plan. Lock in your purchase at today’s prices and pay once the property is built in the future.
There are benefits to this, but also a number of issues to be mindful of. In this article, we will look at some of the things to consider when buying property off the plan.Read More
One of the most common questions we get is; how do I get a lower interest rate on my mortgage?
In this video, Liz Zaki will walk you through the 6 factors that help answer this question. There are 6 factors that govern how easy it is for you to get a lower interest rate on your mortgage. They all apply equally.
1 – Loan Purpose
Is the mortgage or home loan in question used for your primary place of residence? Or is it used for an investment property?Read More
After two rounds of official interest rate cuts by the Reserve Bank in the space of 2 months, the big four banks have managed to come up with basic standard variable mortgage interest rates within 6 basis points (0.06%) of each other.Read More