National property listings rise in March

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Figures released by SQM Research reveal national residential listings rose in March 2018 by 6.3% to 338,113, led by large gains in Sydney and Melbourne as the market opens up for its first full trading month. Melbourne listings jumped by 13.5% while Sydney listing rose 11.8% from February. Sydney’s listings are up by 23.2% from […]

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Mortgage broker says 3% mortgage still possible

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Mortgage broker James Grima says it still possible for borrowers to secure mortgage rates that start with a ‘3’. Mr Grima said that sub 4% interest rates are possible if borrowers are prepared to accept principal and interest loan repayments on their home loans. Overtime, interest rates on home loans become uncompetitive if they are […]

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Retirees need not fear ‘longevity risk’ – the home can fund it: response to study

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An important recent study showing only half of Australians have planned financially for increased life expectancy may cause unnecessary fear among older Australians because it overlooks a key strategy for reducing longevity risk – the family home. ‘Longevity risk’, where retirees outlive their income due to longer life expectancy, is a big sleeper issue in […]

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Investor world is changing: P&I loans may be only way into property market

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James Grima at Omniwealth Mortgage is seeing better prospects for Sydney home buyers as the market cools. The slowdown of the residential property market, particularly in Sydney, has been good news for buyers as they no longer have to aggressively compete with other buyers to secure a property. “In respect to interest rates, lenders for the first time in many months are […]

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Funding an aged care deposit with reverse mortgage

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A Refundable Accommodation Deposit (RAD) payable on entry in aged care is often a large amount of money to find in a hurry and many people think selling the family home is the only option open to them. Selling off the much-loved home can be a distressing outcome for most people. However, in many cases […]

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Research houses: does product expertise add up to advice know-how?

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Research houses add value, but when it comes to offering advice their impact isn’t always equal. Innova’s Dan Miles looks at the evidence. There are few guarantees when it comes to investing, which is why research houses provide insight which promises to tip the odds in your favour. While research houses are crucial to helping […]

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No Sydney housing crash in 2018, mining towns to recover, Hobart to be best city performer

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Australia’s housing market will likely record moderate dwelling price rises in 2018, which will beat a slower rate than the price gains in 2017, led by a slowdown in Sydney, according to housing expert Louis Christopher in his newly released Christopher’s Housing Boom and Bust Report. SQM Research’s base case forecast is for capital city […]

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Buying shares versus paying down home debt

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Here’s an interesting situation for you to consider. I’m working with a new client who saved $300,000 to invest. Feeling they did not know what options were available to them, they sought advice from another Financial Planner on where to invest their savings. The Financial Planner was authorised by a well-known name in the industry. […]

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Reverse Mortgage – Living with ease in the golden years

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Most Australians aged 65 and over own their own home. A reverse mortgage will allow you to borrow against the equity in your home, without having to sell, by releasing funds for comfortable years ahead in retirement. If you have already paid off your mortgage, you may benefit from taking a reverse mortgage to access […]

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Housing affordability declines – Better news for renters

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The June quarter edition of the Adelaide Bank/Real Estate Institute of Australia Housing Affordability Report shows a decline in housing affordability nationally with the proportion of median family income required to meet average loan repayments increasing by 1.0 percentage points to 31.4 per cent. This was an increase of 0.2 percentage points compared to the […]

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