first home loan

When Is It Best to Apply for a Mortgage without Your Spouse?

Applying for a mortgage is a tough decision to make, especially when you have a spouse and/or kids. There are cases when in fact it’s best to apply for a mortgage on your own. We’ll tell you all there is to know about mortgages and what helps you get your application approved, or what could […]

By |May 8th, 2017|Categories: Mortgage|Tags: , , , , , , , , , , |Comments Off on When Is It Best to Apply for a Mortgage without Your Spouse?

First Mortgages No Longer for the Young

More Australians are buying houses later in their lives.
As a new mortgage survey suggests, a new social trend is emerging in the mortgage market. The survey found, “37% people looking to purchase their first home in the next five years will be over the age of 40”, jumping 28% from last year.

This new trend signifies a shift in the way people are using and spending their money. With the current climate of inflation and rising living costs, people can no longer afford to fund mortgage repayments earlier in life. As Mortgage Choice Survey Spokesperson Kirsty Sheppard explains, people are focussing on other life goals such as career and travel, before entering the property market. […]

By |May 24th, 2011|Categories: First Home Buyer|Tags: , , , |Comments Off on First Mortgages No Longer for the Young