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Archives for March 2016

Thinking about building?

There are generally two options when it comes to building a house. You can purchase the land first and then decide on a house plan and builder.  Or, you can buy a house and land package - where it all comes together.  There is another option - 'knock-down rebuild' - but we'll look at this scenario in another post. Whichever option you choose, the following steps will help get you started. Step 1. Know what you can afford Like any kind of shopping, a budget can help steer you in the … [Read more...]

Your First Home Buyer Questions Answered

Thinking about buying your first home and feeling overwhelmed by your unanswered questions?   We can help! Here are some of the questions we're most frequently asked by first home buyers. 1. How much do I need to save to buy my first home? The more cash you have saved the better! Generally speaking, the more expensive the property is, the more cash you will need for your deposit.  The more cash you have, the more options you have – which potentially makes you a stronger … [Read more...]

REIACT Home Buyers Expo 2016

If you’re thinking of buying, building or investing in property, this is the event for you. Mark the REIACT Home Buyers Expo in your diary for this Sunday 20 March and come out to AIS Arena from 9:30am - 3pm. There will be builders, developers and sales agents who can talk to you about house and land packages, land releases, townhouse and apartment complexes, house design and what to expect from the Canberra market in 2016. We'll be there too of course, to answer all of your finance … [Read more...]

RBA Interest Rate Decision – March 2016

At its meeting today, the RBA Board decided to leave the cash rate unchanged at 2.0 per cent. Here's part of the statement issued by Glenn Stevens, Governor: Monetary Policy Decision. In Australia, the available information suggests that the expansion in the non-mining parts of the economy strengthened during 2015 despite the contraction in spending in mining investment. This was reflected in improved labour market conditions. The pace of lending to businesses also picked up. Inflation is … [Read more...]

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