"We're thinking about buying a new house. But I wanted to ask you, how can we structure it so we can hang onto our apartment?" "Why do you want to do that?" is my standard response.
Real estate is still healthy with good volumes and stable prices, however, there are signs of a softening property market across key leading indicators.
While Australians who participated in the first home saver account (FHSA) scheme will no longer have a government-subsidised savings account earning a superb interest rate, the good news is these savings can now be put to other uses to continue to maximise wealth.
Lenders mortgage insurance allows lenders to offer higher LVRs while still theoretically protecting the economy in case of a large-scale property downturn. But does it have to cost so much?
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