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Great news for buyers: property listings spike, FOMO dials down
Things are looking up for homebuyers. New listings are on the rise, and that can mean more choice and less FOMO pressure for buyers. Here’s how the shift in today’s market could benefit your homebuying plans. It wasn’t so long ago that FOMO (‘fear of missing out’) was a driving force in Australia’s housing market. Property listings were at multi-year lows, prices were rising rapidly, and a report by Finder revealed almost two-in-five first homebuyers had purchased a property


Lenders cut rates as competition heats up
The Reserve Bank may have kept rates on hold in June, but a growing number of lenders have cut their home loan interest rates. This could be your sign to review your current loan. Here’s news that should be music to the ears of Australian home owners. Despite the Reserve Bank of Australia (RBA) keeping the cash rate steady in June, almost a dozen lenders have cut their variable home loan rates in recent weeks. As a result, there are now 40 lenders offering at least one variab


Bank of Mum and Dad: why a written agreement can make sense
With more first home buyers relying on family support to get into the market, we explain why it may be beneficial to put the details in writing if Mum and Dad offer a financial helping hand. Higher home prices are seeing more first homebuyers turn to family members for help buying a place of their own. That support can come in a variety of forms, including living at home rent-free to help grow a deposit, or having parents act as guarantor for a first home loan. But it can al
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