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In the first fortnight of July 2021, over 20 companies have already commenced trading on the ASX. As many as eight companies made their debut on the first two days of the month, and eleven were listed in July’s first full week.

While some big IPO stocks such as PEXA, Australian Rare Earths, 29Metals, BlueBet Holdings, Silk Logistics, Charger Metals, Aerison Group have already listed on the ASX, there are over a dozen more lined up to start trading at the domestic bourse.

The surge in the IPO activity comes despite the recent drop in the average listing return by companies. The listing return is the profit generated by the company when stocks are registered at a price higher than the offer price. However, not all stocks generate a positive return on listing as it depends on the prevailing market sentiments.

The ASX IPOs delivered an average listing return of 11% in July, compared with 40% last year.

Among the listings in July so far, the highly-anticipated online property exchange PEXA Group (ASX:PXA) gained just 0.1% on market debut, despite strong fundamentals. The online property settlements firm raised AU$1.18 billion at an offer price of AU$17.13, in what is touted to be Australia’s biggest IPO so far this year.

The recent listees – logistics and freight tech firm Silk Logistics Holdings (ASX:SLH) and battery metals explorer Charger Metals (ASX:CHR) – notched decent gains on their market debut. While Silk Logistics gained 20% on its ASX listing, Charger Metals surged 15%.

Why is the Australian IPO market so hot right now?

The busy month of July is on track to register the highest number of IPOs this year. The recent surge in IPO activity is attributed to favourable market conditions, ample liquidity, and new opportunities propelled by the coronavirus pandemic. At the same time, a low interest rate also augurs well for the fundraising activities as many companies have filed IPOs to capitalise on the record low-rate environment.

The Reserve Bank of Australia (RBA), in the July policy meeting, reaffirmed that it does not expect to start lifting cash rates until 2024 “at the earliest”. The central bank has kept the cash rate unchanged at a record low of 0.1%, despite a recovery in the economy and employment. The apex bank has reiterated its commitment to maintain highly supportive monetary conditions to support a return to full employment and inflation consistent with the target.

Upcoming ASX IPOs

If you are an IPO buff, the next two months are going to be exciting as the Australian equity market will see a surge in the IPO activity. While around 15 IPOs are in the queue for listing next fortnight, five companies are slated to join the ASX in August, as per data available on ASX. However, the number could increase depending on requisite approvals.

Here is a list of the upcoming ASX IPOs. Note that the IPO dates and prices may change, but the companies have received the nod from the Australian Securities and Investments Commission (ASIC) to file their prospectus.

There are definitely other options to buy a house, but we are here to tell you the different advantages of opting for a home loan. And once you’re already convinced, we’re here to tell you one of the best home loan program for you to get your dream house in Dallas, Texas a whole lot easier.

What are the advantages of a home loan?

First, we need to talk about the advantages of a home loan. Why are we sure that home loans are better than other ways of purchasing a home? Here are some of the advantages of home loans:

Affordable homes for all – Buying houses can be very expensive. However, with home loans, moderate-income or even low-income people can afford buying one.
A cost-effective way of availing credit – Home loans have lower interest rates among the loan market. This is because lenders use the property borrowers wish to purchase as security against the borrowed amount.
Capital growth – Capital appreciation of the real estate properties is much higher than the interest you pay on the home loan. The appreciation of capital would help you with the expenses, and can even make you gain a profit with a sale of the property.
Another way to save – Having a lot of cash on your hand can tempt you to spend unnecessarily. If you are sure that your income is stable for the months to come but find it hard to actually save, having a home loan can help you with managing that money you’ll otherwise spend on your wants towards your actual needs like a home.
Now that you know why home loans are advantageous, if you really want to move to Dallas, the next step is to look for a USDA Rural Housing Loan near me.

USDA Rural Housing Loans

What are rural housing loans? Rural housing loans or USDA home loans are the best way to get a home in the rural area of Dallas, Texas. They are zero down payment home loan programs that are fully financed by the United States Department of Agriculture. USDA Loans have low interest rates and are very helpful for average and below average income people.

USDA loans in Dallas

USDA loans Dallas is available only to rural areas. But given that the USDA’s definition of a rural area includes majority of the country, rest assured that there would be plenty of locations to choose from. One requirement for applying to USDA Rural Housing Loan near me is being a U.S. resident, being a qualified alien or a non-citizen national.

How to find USDA Rural Housing Loan near me?

Finding USDA home loans near you is surprisingly easy to do. Using “USDA Rural Housing Loan near me” as a search term can give you a list of lenders to choose from. To apply for a USDA loan Dallas, visit a site, and fill-up their forms. Talk with the staff. Get yourself educated about USDA home loans directly from them as they are the true experts in their field.