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The unreachable Australian dream

predictions of substantial falls in housing prices. At one extreme CBA estimated that, in its worst-case scenario, home prices could fall 32%. Even a more modest scenario pointed to housing prices falling by 11% over three years. Such predictions…
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Why ‘low-interest’ is causing high interest in property

Buying an investment property is a well-worn road to riches for many Australians. Despite a few ups and downs residential housing has delivered strong returns over many years, and experts predict property prices will continue to rise in the…
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Your guide to buying an investment property in 2021

Almost one in two Aussies say that property is their first choice when it comes to investing but many feel overwhelmed by the number of steps required to purchase a property. Once you have saved up your deposit, here is a step-by-step guide…
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Claiming interest expenses for rental properties

Interest is a common deduction claimed by taxpayers. Generally, interest is seen as being inherently deductible where it is incurred in gaining or producing assessable income. An established factor from court cases is that the deductibility…

Beating mortgage stress

Once upon a time, banks would lend would-be homeowners a sum of money based on repayments being less than 30% of the borrower’s gross income. As interest rates fell in the early 90s and competition from non-bank lenders flourished, home loan…

Five reasons to refinance your home loan

Many people treat their home loan as a set-and-forget, riding out whatever the original loan terms and prevailing interest rates dish up. They may be doing themselves a disservice, as there are several ways in which borrowers can…

A helping hand to step into your first home

Struggling to save for a 20% deposit on your first home? A recent Australian Government initiative may allow you to buy your first home with a much smaller deposit, helping you take that first step to home ownership years sooner. What is the…

Is now a good time to fix your home loan?

FinCare’s Senior Mortgage Broker discusses why now is the time to review your home and investment loan interest rate. Watch below! Need help with your home loan? Speak with our senior Mortgage Broker today, email loren@fincare.com.au…

The benefits of using a mortgage broker

Buying a home is likely one of the biggest financial decisions you'll make in your life. While the process can be exciting, it can also be daunting, especially when it comes to financing your dream home. What is the role of a mortgage broker? A…