First Home Buyers Guide to Home Loans
For first home buyers the home loan lending market can be daughtning to say the least, even to some 2nd or 3rd home buyers the prospect of organising finance to purchase a home can be overwhelming. Today, with so many lenders and loans to choose from first home owners have a myriad of mortgage options to choose from. We have a number of articles online to help you in your search for the home loan that is best suited to you.
First home buyer's loans reviewed - Getting into the property market - The increasing cost of real estate across Australia is making it increasingly difficult for first home buyers to get into the property market. With this in mind, home lenders have come up with more innovative loan options in order to help first home buyers get into the property market. Here we look at some of the first home buyer loans available today that are helping more Australians get into their first home.
Is a 100% home loan a good thing for you? - There are a number of things to consider before you take out a 100% or 105% home loan. Borrowing 100% or 105% of the homes value can be a great way to get in your first home. But there is a downside, generally the interest rate is considerably higher than what it would be if you had a larger deposit. Here we look at 100% and 105% home loans and how they can benefit you and also some of the pitfalls of taking out such a loan.
More information about Home Loans:
Home loans Perth Reviewed - With house prices on the increase in Perth and other boom towns in Western Australia, it's important to find the cheapest home loan possible. Here we provide some tips on getting the cheapest home loan in Perth.
Top 10 Tips To Making Your Home Loan More Manageable - It can be tricky to manage your finances, but when it comes to home loans there are some simple things you can do that could save you large amounts of dollars in the long term. Here we look at the top 10 tips to managing your home loan repayments.
How interest rates are determined in Australia - In Australia, the interest rates used to calculate mortgage repayments are guided by the official interest rates set by the Reserve Bank of Australia (RBA). The RBA will change interest rates from time to time in order to control inflation. Here we look at interest rates including why they might rise or fall and the different interest rates that apply to home loan mortgages.
Useful tips for buying a house Guide to buying a house - Buying a new home can be a daunting experience whether you are a first home buyer or an existing home owner. Here we provide home buyers with some tips on buying a new house.
Introductory home loans offer highly competitive interest rates - But whats the catch? - With the intense competition in Australia's home loan market today, home mortgage lenders are working harder and harder to capture our attention in order to win our business. One of the ways in which mortgage lenders attract our attention is by offering introductory loans with low interest rates for a period of usually between three and 12 months. Here we take a look at the introductory home loan detailing the benefits & pit falls of such an offer.
