Alex Palumbo in Perth, Western Australia | Home improvement

Alex Palumbo

Locality: Perth, Western Australia

Phone: +61 488 438 165

Address: Head Office 11 Delawney Street, Balcatta. 6021 Perth, WA, Australia

Website: https://www.rentings4fools.com.au

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24.01.2022 Some welcoming changes to Keystart aimed at boosting the housing market. Keystart provides low-deposit home loans to West Australians who can’t meet the requirements of mainstream lenders but the income limits (less than $90,000 for singles, $115,000 for a couple or $135,000 for a family) were leaving behind a growing number of people who were earning too much to qualify but still struggled to get bank finance. The State Government has confirmed next week’s budget will see ...an increase in income limits for applicants. Keystart’s existing income limits will increase by $15,000 for singles and couples and by $20,000 for families from July 1, 2019 to December 31, 2019. These changes mean that approximately an extra 12000 borrowers can now take advantage of a Keystart home loan which hopefully will translate to an extra 12000 new homes being built.

23.01.2022 As anticipated by market analysts, the Reserve Bank of Australia (RBA) cut the official cash rate for the second month in a row, bringing it to just 1% p.a. a new historic low. RBA Governor Philip Lowe said last month the possibility of lower interest rates remains on the table and many analysts expect at least one more RBA rate cut by November this year. Meanwhile, most lenders passed on last month’s rate cut to borrowers, causing home loan interest rates to hit their lowest levels since November 2016. On the property market front, CoreLogic reported that home value falls are slowing and auction clearance rates are up, so if you’re looking to buy a home it could be a good time to make a move.

20.01.2022 With the elections just weeks away I thought I would consider both the Labor and Liberal party's stance on policies that impact the construction industry which we all know, is the backbone of the Australian economy. So here's what my enquiries have unerathed. Labor has a comprehensive plan to improve housing affordability and support housing construction. A Shorten Labor Government will: Limit negative gearing to new housing from 1 January 2020. All investments made prior to ...Continue reading

19.01.2022 Do you live in Willeton? Know anyone who does? They could be sitting on a nice win thanks to proposed rezoning plans. What happens when your land is rezoned to a higher density? Well, The value goes up!! That's right, just like winning the lottery, your home is now worth more due to its development potential. But what's even better is, having this knowledge before everyone else does, allows you to buy at pre zoning prices and watch your investment go up substantially overnight when the rezoning is approved. Call me for other Perth hotspots.

18.01.2022 3 REASONS WHY NOW IS THE PERFECT TIME TO BUILD RECORD LOW INTEREST RATES With the recent cut, interest rates are at an all-time low of 1.25%. Plus with banks and lending institutions competing strongly for customers there has never been a better time to borrow money and get a great deal on your home loan. ... LAND AFFORDABILITY Perth is enjoying record levels of housing affordability in comparison to wages. Many developers and individual land holders are offering terrific incentives on top of already reduced prices. So buying a piece of land in the suburb you've always wanted has never been more within reach. ACCESS TO CREDIT Proposed changes to the loan serviceability rules by the banking regulator could mean a single borrower with an annual income of $120.000 and no other debts could increase their borrowings by $88,000 or more The news for people looking to build has never been so positive. And at Ross North Homes we can't wait to help you make the most of this opportunity and get into your new dream home.

16.01.2022 Amazing Perth sunset