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🚨 First-time buyers could soon buy a home with just a 2.5% deposit! The new proposed scheme would see the Government provide up to a 20% equity loan, dramatically reducing the deposit needed to get on the property ladder. 🏡 But remember — an equity loan means the Government could share in the future value of your home, and the full repayment rules are still to be confirmed. Getting on the property ladder is one thing… learning how to build wealth through property is another. Want to learn how
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The Federal Reserve just raised interest rates for the first time since 2023, and they hinted at 1 more rate hike possibly this year. How does that change your money? Here are 4 ways: 1️⃣ Your credit card, HELOCs, and adjustable rate loans are tied to the prime rate, and they are going to get more expensive within 1-2 cycles. If you carry a credit card balance, paying it down now is the best guaranteed return you can get. 2️⃣ your high yield savings should earn more if your bank passes the rate
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