With house prices being so high many first-home buyers are finding it difficult to save the deposit they need. An option that may suit some first-home buyers is a family pledge or family guarantee home loan. These loans allow you to utilise a family member’s home as security for your...

Whilst there is no way to predict what will happen to the economy and interest rates in the future,what is helpful to understand is the advantages and disadvantages of fixed and variable home loansso you can determine which one may suit you.AdvantagesOne of the main advantages of a fixed rate...

Before you start looking for a home there are several key details to consider such as:What savings do you currently have?Most lenders will want to see that you are able to save consistently and will usually require your last six months saving history prior to considering you for a loan....

What is an interest only loan?This is a loan where the borrower is only required to pay the interest on the loan rather than principal.These loans tend to be popular mainly with investors who wish to make minimum repayments whilst the property hopefully grows in value or for negative gearing...