Insights for Expats: Your Mortgage & Property Guide
Stay informed with the latest tips, market updates, and expert advice tailored for expats navigating the property market.
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Queensland Land tax and interstate property changes
Read More: Queensland Land tax and interstate property changesEffective June 30, 2023, the Queensland government is changing the calculation method for how they levy land tax on the value of Australian land. Simply put, this is a tax grab by the Queensland Government. I am sure they will dress this up on how the additional revenue will assist Queensland residents, but this is a lazy…
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RBA July 2022 Cash Rate Decision
Read More: RBA July 2022 Cash Rate DecisionThe RBA concluded their July meeting and increased the central cash rate by 50 basis points, to 1.35 per cent. This is on the back of their June meeting increasing by 50 basis points. As always, the key theme from the RBA is around inflation and employment. The employment data is strong with a 3.9% unemployment rate…
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RBA June 2022 Cash Rate Decision
Read More: RBA June 2022 Cash Rate DecisionThe RBA concluded their June meeting and have increased the central cash rate by 50 basis points to 85 basis points. This is on the back of their May meeting of increasing by 25 basis points. First increase in 10 and ½ years and now back to back increases. It certainly looks like the RBA…
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5 Tips for US Expats Applying for a Mortgage in the US
Read More: 5 Tips for US Expats Applying for a Mortgage in the USWork with a mortgage advisor who has experience funding loans for expats. Preferably a lender who is able to do the program in-house with their underwriting/funding team. Conventional FHFA guidelines do allow for qualified foreign income that is recorded on your US taxes but some companies/banks have ‘overlays’ that don’t allow them to use foreign…
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RBA Interest Rate Meeting February 2022
Read More: RBA Interest Rate Meeting February 2022The RBA had their first interest rate meeting for 2022, Tuesday the 1st of February 2022 for decide on their cash rate policy to start the year. The RBA board decided to keep the cash rate on hold at historical low of 0.10 points. The board also commented that they will cease further bond purchasing…
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Getting an Australian mortgage whilst living overseas during COVID
Read More: Getting an Australian mortgage whilst living overseas during COVIDThis article will explore how you can apply for an Australian mortgage whilst overseas. The COVID pandemic has severely impacted many Australian expats living overseas, since the spread of the virus in January 2020. The impact for many Australian expats, has resulted in job loss, reduction or loss of business income and a reduced in…
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RBA Cash Rate Decision November 2020
Read More: RBA Cash Rate Decision November 2020RBA November board has met on Melbourne Cup day. Tuesday the 3rd of November 2020 for their cash rate decision. The RBA board decided to reduce the cash rate to a historical low of 0.10 points. The board also has set a 3-year cash rate and yield target of 10 basis points. Representing a record…
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A suburb in the spotlight: Surry Hills, Sydney
Read More: A suburb in the spotlight: Surry Hills, SydneySurry Hills, NSW, 2010 is located 2.1 km or a 20 minute walk to the Sydney, CBD. Located in the inner Eastern Suburbs, Surry Hills is approximately 1.3 square kilometres in size and covers 11 parks. Surry Hills property is noted for its green space and location to CBD and eastern Sydney beaches. The area…
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Australian Housing Values Continue To Drift Lower, Falling 0.6% In July
Read More: Australian Housing Values Continue To Drift Lower, Falling 0.6% In JulyAustralian housing values racked up a third consecutive month of declines in July, with CoreLogic’s home value index dropping 0.6% over the month, a slight improvement from June when the national series was down 0.7%. Across the capital cities, only Canberra (+0.6%) and Adelaide (+0.1%) posted a rise in dwelling values over the month, while…
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RBA Cash Rate August 2020
Read More: RBA Cash Rate August 2020RBA board has met on Tuesday the 4th of August 2020 for their cash rate decision. The RBA board decided to leave the cash rate at 25pts. The board also has set a 3-year cash rate and yield target of 25 basis points. Representing a record low RBA cash rate. Australian Economy The global economy…