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What is Co-ownership?

Posted by Chris Collard on 30 August 2024
What is Co-ownership?
In today's Australian property market, skyrocketing prices and tightening lending criteria have made homeownership feel like a distant dream for many. But what if you didn't have to go it alone? Co-ownership, an emerging trend in the real estate world, offers a solution that can make buying property more attainable, especially for first-time buyers.If you're considering co-ownership or simply want to explore your options further, book an appointment with FinancePath today. BOOK NOWWhat is C...
Posted in:repaymentsdepositHomeownershipCo-ownership  

Navigating the road to homeownership: A guide for Australian Gen Z

Posted by Mark Attard on 28 August 2024
Navigating the road to homeownership: A guide for Australian Gen Z
For many in Australia's Gen Z, the dream of owning a home feels increasingly elusive. With skyrocketing property prices, stringent lending criteria, and the rising cost of living, it's easy to feel overwhelmed. However, with the right strategies and a clear understanding of the challenges, homeownership can become more achievable.Let's explore your options and develop a tailored plan to help you achieve your dream of homeownership. Book a call today, and we will be more than happy to a...
Posted in:Home loansgovernment grantsHomeownershipGen Z  

Should I payoff my home loan or invest?

Posted by Chris Collard on 21 August 2024
Should I payoff my home loan or invest?
To pay more off your home loan or invest in another property?Ultimately, it depends on your financial situation and long-term goals as to whether you funnel your funds into your home or an investment property.To understand more your options, book a chat with us today. BOOK NOWRead on to discover some key factors to consider before deciding what’s suitable for you.How much do you owe on your home?If you have a significant balance on your home loan, you may need to delay plans for a...
Posted in:Property InvestmentSuperannuationHome loansrepayments  

Is now a good time to refinance?

Posted by Mark Attard on 21 August 2024
Is now a good time to refinance?
Inflation seems to be headed in the right direction, but Reserve Bank of Australia Governor Michele Bullock says a near-term cash rate cut isn’t on the cards.So, where does that leave homeowners wondering whether now is a good time to refinance?The decision as to whether to refinance depends largely on your individual situation and goals. Here are a few key considerations to think about when deciding whether or not to refinance.Understand how current rates can work for you. Book a call...
Posted in:RefinanceRBAequityoffsetredraw  

Rentvesting: A smart strategy for first-time buyers.

Posted by Chris Collard on 20 August 2024
Rentvesting: A smart strategy for first-time buyers.
With today’s cost of living pressures and the median dwelling value in Australia now at $794,000, many young Australians feel like they’ll never be able to enter the property market.However, it’s important to remember there’s no one-size-fits-all approach to buying your first property. For some, it could be a home to live in. For others, rentvesting makes more sense as it can offer a great alternative to get a foot up on the property ladder.Don't let the numbers discourage yo...
Posted in:Interest ratesRentvestingmortgagecapital growth