Multitude Broking | Finance

Multitude Broking

Phone: +61 2 8091 0909

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18.01.2022 Millennials keen to enter post-COVID property market. Australians are passionate about homeownership, with Millennials particularly keen about climbing onto the property ladder. More than one in four Australians (26%) plan to buy a property in the next two years, according to an ING survey of 2,113 people.... The number is even higher for Millennials, with about one in three (32%) planning to buy a property within the next two years. There’s a feeling COVID has softened the property market and made homeownership more achievable 46% of Millennials hold that view. The key reasons why Australians believe buying a home in the post-COVID market is more achievable are: Low interest rates = 39% A more affordable housing market = 33% New government schemes = 32% Also, 69% of people say the pandemic has forced them to take more control over their finances. The average price people want to spend on a home is $644,000 in NSW, $575,000 in Victoria, $504,000 in Queensland, $477,000 in Western Australia and $467,000 in South Australia.

12.01.2022 RECORD LOW INTEREST RATES FROM JUST 2.1% AND NO STAMP DUTY in NSW There are some fantastic incentives available for first time buyers, so there’s never been a better time to get a loan for purchasing your first home. According to the Housing Industry Association, new home sales in NSW were up by 9.6% in June and July on the previous two months, suggesting now is the time to act for first time buyers. Interest rates start at just 2.1%... No stamp duty in NSW for first home buyers Take advantage of the First Home Owner Grant and get $25,000 $10,000 available via the NSW First Home Buyers Assistance Scheme LOW DEPOSIT HOME LOANS The First Home Owner Grant and First Home Buyers Assistance Scheme mean you may be able to get a first home loan with a significantly smaller deposit. Talk to Multitude Broking about the opportunities available for first home buyers in NSW. We can help you find the best low deposit first home loans designed to meet your needs and your budget. What’s more, our end-to-end service means we can even help you find your dream first property, and get you faster loan approvals too!

08.01.2022 Are you sick of sifting through the neverending list of home loan types? Selecting a loan that suits you doesn't have to be a painful exercise. Multitude are experts at making home loans a breeze for our customers - we do the hard work for you. https://multitudebroking.com.au/personal-loans

04.01.2022 The $25,000 HomeBuilder grant has proved very popular, with new home sales jumping 77.6% from May to June, according to the Housing Industry Association. To be eligible for HomeBuilder, you must: Be an owner-occupier Earn less than $125,000 for singles and $200,000 for couples... Build a new home or substantially renovate an existing home Sign the contract before 31 December 2020 Start building within three months of the contract date (Other conditions apply. Find more details below) https://treasury.gov.au//2020/Fact_sheet_HomeBuilder_0.pdf

02.01.2022 The Reserve Bank of Australia (RBA) has held the official cash rate at 0.25% for the seventh month in a row. RBA governor Philip Lowe said that while an economic recovery was underway, the board would keep funding costs low to support jobs, incomes and businesses.