Home Loans & Mortgages

Kevin.Rudd’s increase of the first home owners grant is about shoring up jobs and the economy, and increasing home loan activity for buyers and sellers.

It is beginning to look like Australia will dodge the recession bullet. Australians’ confidence in the future have risen its best level in nearly two years, as home buyers and homeowners grew more optimistic about an early economic recovery. A predicted slide in house values hasn’t happened, and in many parts of the economy its business as usual.

According to the Investors Club the average house price of a Sydney home could rise by $100,000 in the next two years. That could make buying a home a great investment with mortgage interest rates as they are now. They claim that a shortage of homes and a growth in population will cause Sydney house [...]

Property is, and always has been, a solid long-term investment, but maybe not the bonanza it can be right at this point in time.
So if you are thinking of buying a property as an investor, take your time and shop around, and negotiate on price, and buy wel located homes in good suburbs.

Australia’s first home buyers get a $14,000 First Home Owners Grant, and $21,000 for first time buyers that build new home. In some states that can be more. Are these grants really pushing up home prices? Well apparently two out of three of Australians believe the Federal Government’s first home owners grant is in fact [...]