by APS Benefits | Feb 12, 2024 | Home Finance
The challenges in the Australian housing market have created a complex landscape for both renters and potential homebuyers in 2024. Rising property prices, reduced borrowing power, and increased deposit requirements are making the dream of homeownership seem...
by APS Benefits | Nov 22, 2023 | Home Finance
Do you have a fixed rate mortgage? In the not-so-distant past, fixed mortgage rates plummeted to levels that hadn’t been witnessed in decades. Borrowers rejoiced as they gained access to interest rates hovering around the astonishing 2 per cent mark or even...
by APS Benefits | Dec 3, 2022 | Home Finance
You’re not alone if you are feeling anxious at the moment, watching mortgage repayments go up months on end. Negotiating a lower home loan rate either with your current lender or with another lender could potentially save you hundreds or even thousands when it comes...
by APS Benefits | Oct 6, 2022 | Home Finance
First Home Buyers often get a rude shock when they realise the hidden costs associated with buying a home. Saving for a home deposit is the key expense, but what other hidden costs need to be considered? Stamp duty Outside of your deposit, stamp duty is likely to be...
by APS Benefits | Jul 21, 2022 | Home Finance
Interest rates are on the rise! You may not be feeling it yet, but with further increases expected, you may need to start making some changes now that will protect your future finances. Although we can’t say for sure what the future holds for interest rates, ANZ...
by APS Benefits | Apr 29, 2022 | Home Finance
According to Domain, it takes a young couple on an average income, eight years and one month of saving to reach a 20 per cent deposit for a Sydney house worth $900K. In Melbourne, it takes six and a half years on average and nearly five years in Brisbane. With...
