by Investment Plus Accounting Group | Nov 29, 2023 | Finance and Loans, Investment Property, Mortgages
In the real estate market, the past 18 months have witnessed a series of twists and turns, with interest rates taking centre stage. Mortgage holders find themselves grappling with the implications of 13 consecutive rate hikes on their financial well-being. A critical...
by Investment Plus Accounting Group | Jul 11, 2023 | Finance, Finance and Loans, Money Saving Tips, Mortgages, Refinancing
The Reserve Bank of Australia (RBA) has been steadily increasing the cash rate since May 2022, causing a ripple effect that has left many investors with variable-interest loans on their investment properties wrestling with the consequences. As interest rates continue...
by Investment Plus Accounting Group | Jun 8, 2023 | Interest Rates, Mortgages, Property Investment, Refinancing
Interest rates are going to rise and the impact of 12 increases has resulted in many Australians experiencing mortgage stress. Borrowers feel imprisoned by their rising mortgages, but you can do something to escape mortgage stress if you act now. Almost 880,000...
by Investment Plus Accounting Group | Jun 8, 2023 | First Home Buyers, Interest Rates, Investment Property, Mortgages, Property Investment
Sydney house buyers need to earn more than $250,000 to borrow enough to purchase a typical home, while their Melbourne counterparts need almost $180,000, making homeownership near impossible for the average Australian. The sizeable sums needed to secure and service a...
