Lifestyle

When it comes to home ownership, we hear a lot about Millennials unable to save for a house deposit and spending their days gorging on avocados. But some Baby Boomers don’t have it so easy either.

Double-crossing mortgage holders – that is, those who shop around for a better deal – pay 30 basis points less on their home loan than those who stick to their current interest rate, uno Home Loans has found.

To stay or not to stay. That is the question many homeowners encounter as their lives change and families expand. It’s never an easy choice to make. Here, we outline the pros and cons for staying and renovating, or selling and relocating.

Families, especially in Sydney and Melbourne, have found themselves compromised by the skyrocketing value of surrounding properties. But owners looking to upgrade to their dream home in a rising market have a few options.

Young people can go out and enjoy a cup of coffee and smashed avocado for brunch, and still afford to buy a house. It just needs to be a purposeful decision, says a property expert.

Forty per cent of Aussie mortgage holders don’t know the interest rate they’re paying on their home loan and are likely to be paying off their mortgage at a much higher rate than they should be.

The Block winners Shannon and Simon Vos know a great deal about homes and renovating but admitted they weren’t so savvy when it came to home loans.

With restrictions easing, we are slowly seeing the return of potential buyers attending live auctions and viewings which means there is more competition when it comes to selling your home. test

The COVID-19 crisis hit Jeremy Fleming and his company Stagekings harder and faster than most other businesses.

Australians are wasting $1.8 billion a year on unused gym memberships and more than double that amount on suboptimal home loans.

A bit of extra money always comes in handy and no more so that right now. If you’re worried about your finances or just want to try to get ahead and build up a bit of a buffer, then you can think about trying to find a second source of income.

Motherhood and Lifestyle blogger and popular influencer Olivia White (House of White) recently tested uno’s loanScore technology to see how her loan compared to others. Needless to say, she found the tool very useful.

Half of all Aussies aren’t confident they have the best home loan deal, and yet, 63% haven’t bothered to shop around for a better rate. Sound familiar?