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Buying a property? Find out how much stamp duty you will need to pay using this online calculator - not matter which state or territory you live in.
Designed to free up funds in retirement, the reverse mortgage is gaining popularity fast. In 2005, over 13,000 Australians took the reverse mortgage option to fund their retirement, loaning a grand total of $647 million. An incredible increase over the previous year's 5000 reverse mortgage applications, totalling just $250 million.
Curious about sub-prime lending? Wand to know what it is and how will the sub-prime crisis effect you? Do you need to take action? Money Buddy explains what sub-prime lending is and suggests ways to avoid the fall out.
With so many things to consider when buying your first house, and a seemingly endless list of expenses, this guide points you in the right direction, with tips on the First Home Owner’s Grant, how much you can borrow, and the home buying process.
Home loans generally have either a fixed or variable interest rate, or a split rate - a mixture of both. A fixed rate home loan is taken out for a set period with a set interest rate; when this period ends you can fix the rate again, or switch to a variable interest rate which fluctuates with the market.
Selling your house at auction is an attractive option - you can often accelerate the sale time and create more of a buzz around the sale. But how do you choose the best auctioneer, and what’s the process of getting to the sale?
