It is a daily ritual for millions of Australians, but if you have noticed the price of your morning flat white or soy latte increase, brace yourself — it is likely to get worse.
By the end of the year,...
It is a daily ritual for millions of Australians, but if you have noticed the price of your morning flat white or soy latte increase, brace yourself — it is likely to get worse.
By the end of the year,...
Despite traditionally being the peak season for home sales, recent years have witnessed a shift in trends. Experts now recommend sellers wait until June, as homes listed in the first two weeks of that month have historically sold for up to 2.3% more compared to spring listings. While home supply is recovering, it's still not sufficient to meet demand, keeping prices elevated. Buyers may consider purchasing now and refinancing later when mortgage rates potentially decrease during the summer.
President Biden's proposal includes tax credits to enhance homeownership affordability for middle-class families. First-time buyers would receive $5,000 annually for two years, while families upgrading would be eligible for up to $10,000. However, experts express skepticism that these credits alone can address the underlying issues of high mortgage interest rates and insufficient affordable housing supply.
