Keystart and How to Get Into Your First Home Sooner
Many young Australians dream of getting out of the rent trap and purchasing their first home, but often the deposit needed can seem like an insurmountable obstacle. Most lenders will require at least a 5% deposit, and even then, they will charge you thousands of dollars in lenders mortgage insurance premiums. But there is another […]
Fixed Rates Vs Variable Rates – Is Now the Time to Fix?
Interest rates have been at record lows since the RBA slashed the official cash rate to 1.5% last August and after their decision to keep it the same on the 7th of February, many are wondering when the rate will start to creep up. So, what does this mean for you? Is now a good […]
Market Update – Interest Rates in 2017
Without having a crystal ball at your disposal, the question of whether interest rates will rise in 2017 is a tough one. So, what indicators can we look at to get a feel for the direction interest rates are likely to head in the coming months? Based on data from the Reserve Bank over the […]
Credit Reporting and What it Means to You
Millennials, or consumers born between 1980 and mid 2000, make up almost a quarter of Australia’s population, according to the Customer Owned Banking Association (COBA) report, “Take Charge: Credit Reporting and Millennials”. The report researched the attitudes of younger Australians towards their credit history and how they manage expenses. The research indicated that younger Australians […]
Who Can Keystart Assist?
Keystart home loans is an initiative of the Western Australian Government which is designed to bring Australians home ownership dream alive by offering affordable, low deposit home loans with no lenders mortgage insurance. Keystart can assist applicants who are over 18 years of age, an Australian citizen and looking to purchase their first or subsequent […]