Top Stories in Australian Home Ownership December 19, 2017

Today’s trending stories in Australian home ownership and Home Loans.

  • 'Overly confident': 80% of Australians rate themselves as financially savvy
    While the majority of Australians think they’re financially savvy, more than one in three borrowers don’t actually know the interest rate on their own mortgage, a survey has found. Almost 80 per cent of people considered themselves to be money smart, according to Mortgage Choice’s inaugural Australian…
  • How to become a property developer
    Property developers continually make headlines for knocking first-home buyers and young families out of the running at auctions, with grand plans to demolish rundown homes and make huge profits building as many properties aspossible on the block.
    Developing a block of land may seem like one of the quickest ways to build wealth through real estate, and from the outside, it can look like easy money.
    But the reality is that it involves a great deal of risk to generate a big r…
  • ‘Overly confident’: 80% of Australians rate themselves as financially savvy
    While the majority of Australians think theyre financially savvy, more than one in three borrowers dont actually know the interest rate on their own mortgage, a survey has found.
    Almost 80 per cent of people considered themselves to be money smart, according to Mortgage Choices inauguralAustralian FinancialSavvinessWhitepaper.
    Thats despite more than half of the 1043 people surveyed for the reportrating their fin…
  • A Big Deal: Damian Brosque
    We met this client, a single mum working as an aged carer for the NSW Department of Health, through one of our effective online marketing campaigns. She had been sold an investment property in Melbourne by an unnamed financial firm. The firm promised it would locate the property for her and also…
  • The Brisbane rentals that cost as much as owning a $2 million house
    If you had $2650 a week sitting around to spend on your living situation, you might not be too thrilled to use that cash to pay off someone else’s mortgage. Using a mortgage calculator and taking into account reasonable interest rates, someone paying about $2650 a week in loan repayments could afford…

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