You may be eligible for a lower rate on your home loan and we’re available to set the confusion straight. At a time when Australians are being inundated with data, it’s easy to be overwhelmed trying to work out what the right next move is. LJ Hooker Home Loans lending specialists are there to provide the ‘know-how’ to…
It’s the million-dollar question for all aspiring homeowners. How do you buy your first home when saving 20% is so hard, even impossible for some (not to mention stamp duty and other costs)? Well, the good news is there is a lifeline that gives you the option to buy with a 5% deposit – enough to make anyone…
When was the last time you checked out if you’re paying too much on your home loan? Research shows only 41% of Australians are confident they know enough about loans to have the one for their situation, but that can mean paying too much each month. So, what do you need to know before you…
In this article we have put together some recent property stats from CoreLogic to help you understand what is happening with home values and rental prices. CoreLogic November home value indices showed a second consecutive month of property value increases following a COVID-19-induced dip. For the first time since January, every capital city recorded a rise in…
Just about every household has more stuff lying around than is ideal, and as such it’s vital to occasionally go through every closet, corner, nook and cranny to declutter. Of course, that isn’t always a simple or quick task, and it might take a little more work than you originally think to truly get the…
Want to plan a chic kitchen renovation that works for everyone in the house? We called in an expert to take us through what makes the most family-friendly, modern kitchens. The kitchen is the hub of the family home and if it’s ugly, cramped, chaotic and splattered with gunk 24/7, then it’s going to get…
Choosing between a fixed or variable rate home loan is a common dilemma for many borrowers. With interest rates at historical lows you may now be considering fixing in your home loan rate. But this may come with a catch. We look at what they are and outline some of the key advantages and disadvantages of…
Small changes now can mean big differences later to how much of your home loan you end up repaying – and how long it takes. If you’ve recently had a home loan approved or are already some way into your repayments, you may be thinking about how you can pay it off sooner rather than…
The Reserve Bank of Australia (RBA) has reduced the official cash rate to a historic low of 0.10%. At today’s meeting, the Reserve Bank of Australia (RBA) has announced that the official cash rate will be reduced by 0.15% to a historic low of 0.10%. This is to further support the economy as it recovers…
Lenders mortgage insurance (LMI) premiums are payable in two ways, an upfront fee, or by capitalisation. Capitalising your LMI premium essentially means adding it to the total loan amount, and paying it off in regular instalments with your home loan. For most home purchasers saving a 20% deposit can be hard – and takes time.…