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The money survival guide every millennial should read – Secure long-term employment with benefits, rising wages, affordable homes and the introduction of super gave many baby boomers the means to own a home and accumulate wealth. But in just one generation things are starting to fray. There’s no shortage of headlines reflecting it: "Underemployment of young people is the highest it’s been in 40 [.]

Mortgage Masters Group: 2018 – Wage Increases Make Home Buying More Affordable Everyone knows that housing affordability has been negatively impacted by rising prices and increasing mortgage rates, but there is another piece to the affordability equation – wages.

How to Buy a House and Pay Off the Mortgage in Less Than 10. – If you want to be mortgage free within a decade, there are some steps you should take prior to buying your home and after purchasing it. This post details those steps and tells how I paid off my mortgage in less than ten years — and you can too!

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Proportion of income on mortgage – Loans – Finance – I was reading an article this arvo advising that your mortgage repayments should be no higher than 33% of your income (as a rule of thumb). Based on my after tax salary if I borrow any more than $200k then I will be spending more than a third of my income on a mortgage (assuming 7% interest rate and 30 year mortgage).

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