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mhuynh

About Mark Huynh

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So far Mark Huynh has created 37 blog entries.

Spring Surge: Analysing the Trends and Predictions in Australia’s Housing Market

2023-10-13T04:35:44+11:00

The intricate tapestry of real estate in 2023 presents itself as an amalgamation of historical footprints and contemporary socio-economic factors. As the industry navigates the current year, it's evident that there are a few pivotal elements sculpting its direction, and these are bound to leave lasting imprints on the sector's evolution. Among the most salient of these trends is the transformation of the workforce. The ways in which we work, where we work from, and the nature of our jobs have undergone seismic shifts. These transformations inevitably influence the kind of real estate people invest in and the value they place [...]

Spring Surge: Analysing the Trends and Predictions in Australia’s Housing Market2023-10-13T04:35:44+11:00

Australian House Prices Are Experiencing the Fastest Falling Rate in Over 40 Years

2022-10-10T03:40:50+11:00

Australian House Prices Are Experiencing the Fastest Falling Rate in Over 40 Years Your Content Goes Here Housing values are currently falling at a rate that they haven’t in over 40 years. This is now occurring in all Australian capital cities except for Darwin. Such fast falling rates have not been seen since the 1980s. Although a sudden growth period took the housing values up by 29%, they are now falling. The values reached their peak in April. Then, in the whole country, they decreased by 3.5%. The CoreLogic hasn’t seen something like this since the recession [...]

Australian House Prices Are Experiencing the Fastest Falling Rate in Over 40 Years2022-10-10T03:40:50+11:00

Interest Rates Reached an All-Time High in Australia

2022-10-10T03:39:55+11:00

Interest Rates Reached an All-Time High in Australia Your Content Goes Here People who own houses in Australia have been fuming at the several interest rate increases that occurred recently. After being burdened by four different rises in interest, homeowners now have to handle a fifth one, which will make some pay an additional $1,000 monthly. Australian homeowners with a mortgage of $800,000 will now have over $4,300 in repayments every month. This all comes after a meeting held by The Reserve Bank. The cash rate was increased by 50 basis points by the board, something that [...]

Interest Rates Reached an All-Time High in Australia2022-10-10T03:39:55+11:00

Everything You Should Know About Home Equity Loans

2022-10-10T03:43:33+11:00

Everything You Should Know About Home Equity Loans Your Content Goes Here Being a homeowner gives you a huge benefit: whenever you make payments towards your mortgage, you build equity in the property. After a while, you can take advantage of this equity and get what is known as a home equity loan. This is a financing type offered by home loan lenders, and it is similar to a mortgage – which is why so many view it as a second mortgage. If you’ve built equity and think about getting this type of loan, you should know [...]

Everything You Should Know About Home Equity Loans2022-10-10T03:43:33+11:00

Top Mistakes to Avoid When Buying a Home

2022-10-10T03:44:44+11:00

Top Mistakes to Avoid When Buying a Home Your Content Goes Here Every Australian will eventually be faced with the decision of buying their first home. It’s an important decision that requires a lot of research and preparation. How fast you get to move into your forever home is influenced by your house options, budget, preferences, and requirements. Sadly, not everyone takes the time to pick a new home. They are eager to move in and might spend less time putting everything into perspective. This leads to great mistakes that the new homeowner will regret. Let’s take [...]

Top Mistakes to Avoid When Buying a Home2022-10-10T03:44:44+11:00

Home Loans in 2022 – How to Choose the Right Home Loan

2022-10-10T03:45:30+11:00

Home Loans in 2022 – How to Choose the Right Home Loan Your Content Goes Here Shopping for a home loan can be extremely challenging. Besides going through the process of looking for the best house, you should also shop around for the best home loan. After all, you cannot go with the first option you find. A home loan is a serious commitment, and it’s essential to make sure that you’re able to borrow as much as you need, but also that you will get good rates. Sure, it’s a demanding and time-consuming task, but it’s [...]

Home Loans in 2022 – How to Choose the Right Home Loan2022-10-10T03:45:30+11:00

6 Tips on How to Pay off a Mortgage Faster

2022-10-10T03:45:57+11:00

6 Tips on How to Pay off a Mortgage Faster Your Content Goes Here Are you tired of making mortgage payments? You’re not alone. Many Australians have to allocate part of their monthly income to mortgage payments, and although they knew what they were getting into, they are all waiting for the day it’ll all be over. Many people don’t know that there are things they can do to shorten this period and get out of debt faster. This post will give you some tips on how to pay off your mortgage quicker: Consider Making Additional Payments [...]

6 Tips on How to Pay off a Mortgage Faster2022-10-10T03:45:57+11:00

SMSF Loans – How Can They Help You Purchase Property

2022-10-10T03:51:07+11:00

SMSF Loans – How Can They Help You Purchase Property Your Content Goes Here SMSF loans are useful for many Australians. They serve as a great way to save for retirement. But they work differently from your typical retirement plans, as you must buy property to boost your retirement savings. But how can self-managed super funds be used for new house purchases? Here’s all you need to know about SMSF loans. What Are SMSF Loans? An SMSF or a self-managed super fund is a type of investment loan that allows you to use the money as a [...]

SMSF Loans – How Can They Help You Purchase Property2022-10-10T03:51:07+11:00

8 Tips to Help You Increase Your Chances of Getting Approved for a Loan

2022-10-10T03:47:14+11:00

8 Tips to Help You Increase Your Chances of Getting Approved for a Loan Your Content Goes Here When you don’t have enough money to buy a new home, your first thought will be to apply for a home loan. But as useful as these financing options are, you are not guaranteed to be approved for one – especially if you don’t meet all the requirements. If it’s your first time applying for a loan, the whole process can be quite challenging. You don’t know how the process unfolds or what documents you need to send with [...]

8 Tips to Help You Increase Your Chances of Getting Approved for a Loan2022-10-10T03:47:14+11:00

Refinancing a Home Loan – The Steps to Take

2022-10-10T03:48:00+11:00

Refinancing a Home Loan – The Steps to Take Your Content Goes Here Home loan refinancing is an option that many people take into account. When the payments for the existing loan are too much to handle, especially due to high interest rates, home loan refinancing can save the day. It allows you to take out a new loan with the same lender or with a new bank and use the funds to pay off your existing loan. You will still make regular payments, but this time for the new loan, which may have a much better [...]

Refinancing a Home Loan – The Steps to Take2022-10-10T03:48:00+11:00

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