The pros and cons of paying for LMI(lenders mortgage insurance) Many borrowers who have heard of lenders mortgage insurance (LMI) regard it as a bad thing. But that’s not necessarily the case. LMI is an insurance policy designed to protect the lender (not the...
How to prepare for buying an investment property Investor borrowing activity is at near-record levels, proving just how popular property investing is as a wealth-building strategy in many places around the country. Anyone who wants to buy their first investment...
2025 Money Moves: Tips for Homeowners, Buyers, and Business Owners The great thing about a new year is it gives us a chance to take stock of our lives and identify areas for improvement. That applies particularly to money. If you’re thinking about buying a property in...
How the property market looks as we head into 2025 As we come to the end of another eventful year for property, it’s clear that we’re experiencing a two-speed market, and that prices are slowing in both, according to Ray White Chief Economist Nerida...
December cash rate on hold: 6 reasons to be optimistic about 2025 The Reserve Bank of Australia (RBA) has again kept the cash rate on hold this month, rounding out a year of no cash rate movement. While many of us were hoping for a cash rate cut this year, factors...
Australian properties see record profits in 2024 Property owners who sold their homes during the 2023-24 financial year generally made a gross profit, due to a strong market and the fact that most homes rise in value over time. Domain found that 96.0% of people across...