A package home loan combines your mortgage with additional products such as fee-free credit cards or discount insurance, but these perks come at a price.
With headlines screaming that Australia's two biggest residential markets, Sydney and Melbourne, are going through a cyclical decline, is now the right time to buy?
You can still make a profit, but you have to be very strategic about the property you buy and how much you spend on the renovation, and accurately forecast the price you're likely to get.
Banks are wary of older first-time borrowers, unless they want finance for an investment property. Effie Zahos looks at how age affects your mortgage eligibility.
Carrying out the right research before purchasing an investment property could mean the difference between making a loss and creating wealth. However, property research isn't always as straightforward as it seems. Here are some mistakes you should avoid as a property investor.
About 17,000 mortgages are refinanced every month around Australia, but many people focus only on the interest rate and don't consider whether they can redraw money or repay the loan early.
Erin and her husband own an investment property in Perth which is now worth less than they paid for it eight years ago. With rents falling, they ask Paul Clitheroe if it's time to cut their losses and sell.
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