5.69% p.a. for owner occupied P&| 2 fixed term at ≤70% LVR (comparison of 6.08%)*

Property prices have now risen in consecutive months

Australian property prices look to be trending upwards again, judging by the latest data from CoreLogic. After the national median price fell 9.1% between May 2022 and February 2023, it has since risen in consecutive months – by 0.6% in March and 0.5% in April. “Not only are we seeing housing values stabilising or rising […]

Response to federal budget 2023-24

Priority 1: Competition in the home lending sector Recommendation 1: Implement recommendations from the Home Loan Price Inquiry. Recommendation 2: Design shared equity schemes to include choice for prospective home buyers to utilise the services of mortgage brokers. Recommendation 3: Expand Government schemes to positively increase home ownership rates. Recommendation 4: Ensure regulatory costs on […]

Home buying made easy for both Australian (PR & Citizen)

#BreakingNews #LaxmiHomeLoans From 1st of July 2023: 5% deposit NO LMI for both Australian PR and citizen (before it was for only citizen) Before single or only couple (de-facto or married couple could join) But now siblings and friends could join too. Before only First home buyers were eligible but now someone who has not […]

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