New details of Adrian Portelli’s new renovation show has been revealed. Adrian Portelli has made his biggest purchase yet by ditching The Block for Channel 7’s new competitor My Reno Rules. Instead of Portelli appearing on the show with a paddle in hand, this time he has bought himself a whole new TV show. As […]
A new era of luxury beachfront living has arrived at Palm Beach with the launch of Retreat Palm Beach – a boutique collection of 56 wellness-inspired apartments. Set on the beachfront at 188 Jefferson Lane, Retreat Palm Beach will span nine levels and include two- and three-bedroom residences, most with butler’s pantries, private outdoor spaces […]
Key takeaways for your down payment strategy 20% isn’t required: You don’t always need a 20% down payment to buy a home, thanks to various loan options. Better interest rates: A larger down payment on a house can lead to lower mortgage interest rates, saving you money over time. Faster equity: Putting more money down […]
One of the biggest hurdles to becoming a homeowner is saving enough money for a down payment. While it’s a common myth that you need a 20% down payment, it can still keep potential homebuyers from taking the step to homeownership. There are plenty of zero-down mortgages to help you buy a house with no […]
The house of your dreams is within reach, but a crucial question looms: how much should you put down? Do you need to aim for a substantial 20% or more, or is 10% – or even less – a more viable option for you? In this article, we will dissect the pros and cons of […]
With all the steps you’re required to take during the homebuying experience, you may be forgetting to ask some very important questions, like when was the house built and what exactly is its history? So, before you strike a deal with a home seller and begin the closing process, it’s important to learn about the […]
Refinancing your mortgage is a significant financial decision, and understanding the costs involved is crucial. One of the most frequently asked questions is whether a down payment is required. The short answer is no, a down payment is typically not needed when refinancing. However, you will almost certainly have to cover closing costs. This Redfin […]
Private Mortgage Insurance (PMI) is a type of insurance that protects your lender in the event you stop making payments on your mortgage. It’s not designed to protect you, the homeowner. Lenders typically require PMI on conventional loans when your down payment is less than 20% of the home’s purchase price. While PMI can make […]
Buying your first home is a huge accomplishment, whether you’re dreaming of a sprawling ranch-style in Dallas or a charming Victorian home in Charlotte. It’s natural to have a lot of questions, and one of the most common is, “What exactly is a down payment? And what is the minimum down payment for a first-time […]
A first-home buyer in Victoria has revealed their horror story of potentially losing their deposit over a bit of fine print. A Victorian first-home buyer has revealed they might lose their $43,000 deposit after trying to use a recently extended state government support program. And it’s not yet clear if the soon-to-be implemented federal program […]