Top Stories in Australian Home Ownership September 27, 2016

Today's trending stories in Australian home ownership and Home Loans. How old is too old to get on the property ladder? As the average age of first home ownership in Australia rises to 37.7 ... to save, an itinerant lifestyle or a complete aversion to mortgage commitment. How old is too old to get on the property ladder? Youngsters arent the only ones struggling to gain a foothold in the housing market. As the average age of first home ownership in Australia rises to 37.7 nationally, according to research from ING Direct last year, compared with 34.7 yearsin 2005 agents are reporting seei...
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Top Stories in Australian Home Ownership September 26, 2016

Today's trending stories in Australian home ownership and Home Loans. Celia Pacquola: 33 and still house-sharing What is your strongest memory of your childhood home? It was a lovely brick house in Christmas Hills in the Yarra Valley. It had beautiful views over Yarra Glen, the paddocks of which would look like a patchwork quilt when it flooded, and was surrounded by bush. I would fall asleep to the terrifying sound of koalas (look it up) and frogs (louder than youd imagine).A lot of my memories involve animals actually, my mum was and is an avid bird lover... AFG says mortgage brokers add ...
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Top Stories in Australian Home Ownership September 25, 2016

Today's trending stories in Australian home ownership and Home Loans. More parents helping children onto property ladder Sarah Hopkins and her husband did not have to think too long before agreeing to go guarantor for their son's mortgage. "I'd hate for my children not to... Melbourne market remains buoyant, but more sales just scraping over the line Normal 0 false false ... Are small, cheap mortgage lenders as safe as the big banks? Hi Nicole, We have $138,000 left on a mortgage with the Dragon Saint [St George]. We are currently at 4.29 per cent and our ...
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Top Stories in Australian Home Ownership September 24, 2016

Today's trending stories in Australian home ownership and Home Loans. Neighbourhoods: A former country retreat, now a city gateway and growing residentially Its hard to imagine that the commercially vibrant and now increasingly populated suburb ofBotany was once considered a country retreat and holiday destination. Overlooking Botany Bay, where Captain James Cook landed back in 1770, Botany has beenshaped by its proximity to the water and today, Port Botany remains Australias second-busiestcontainer port. Neighbouring Sydney Airport to the west, the suburb has long been considered a gateway i...
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Top Stories in Australian Home Ownership September 23, 2016

Today's trending stories in Australian home ownership and Home Loans. Things to Remember When Buying a Home at Auction Purchasing a home through auction can be exciting, but remember to keep your feet on the ground with these tips Software to help lenders offer competitive home mortgages Faster mortgage turnaround seen with the use of data and analytics technology Matt Handbury lists Southern Highlands trophy for more than $10 million MattHandburyand his wife ClareStrangare set to end the drought in Southern Highlands trophy listings with the launch of their Wattle Ridge property. As one of...
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Top Stories in Australian Home Ownership September 22, 2016

Today's trending stories in Australian home ownership and Home Loans. Upfront costs to consider in taking out a home mortgage You are now at that point where you feel confident about getting a home mortgage to finally buy that abode you've always dreamed of. You have taken... Upfront costs to consider in taking out a home mortgage Getting a home mortgage will also require you to spend some cash. Its good to know where your money will go Householders not confident about Aussie economic outlook—report Whether you are looking to buy your first home, move home, refinance, or invest in...
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Top Stories in Australian Home Ownership September 21, 2016

Today's trending stories in Australian home ownership and Home Loans. A quarter of Aussies wary of credit score consequences Credit history is important in getting mortgages and other financial services, says expert Designer kitchens key in selling top-end homes You dont need to be a masterchef to appreciate a good kitchen in a prestigeproperty.These days, the kitchen is back to being the focal point of a family home, saysRay White agent Nic Yates, whos selling our featured house in Sydneys Mosman, with its magnificentthree-month- old kitchen. Its the place where everyonelikes to hang out. A...
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Top Stories in Australian Home Ownership September 20, 2016

Today's trending stories in Australian home ownership and Home Loans. First home buyers increase reliance on parental support Data from Mortgage Choices latest annual First Home Buyer Survey has revealed 4.9% of all first home buyers had ... This slight jump in demand for home loan guarantors is unsurprising when you consider that property prices have... Lending changes make property more attractive for SME owners Lending changes by Australias major banks could soon result in a surge of property purchases by small and medium-sized enterprise owners. Important reminders when getting a broker...
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Top Stories in Australian Home Ownership September 18, 2016

Today's trending stories in Australian home ownership and Home Loans. Centennial Park mansion of David and Skye Leckie passes in at auction for $10.5 million The Centennial Park mansion of former Seven Media chief David Leckie and his wife Skye was passed in on a vendor bid of$10.5 million at auctionon Saturday. It finished off an unsuccessful day in the real estate marketfor power couple, who had earlier missed out on buying an apartment in Woollahra for one of their sons. The agent, Ben Collier from McGrath,returned to the Centennial Park trophyhome,Lactura,later in the day to keepneg... M...
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Top Stories in Australian Home Ownership September 17, 2016

Today's trending stories in Australian home ownership and Home Loans. House of the week: A French-style semi in Queens Park Youll feel like youve walked into a Parisienne atelier when you visit this semi, its so chock-full of natural light, amplified by the all-white colour scheme, high ceilings and a multitude of mirrors. The owner has decorated with large scale French antiques and its worth noting how well they work to liven up the space. Once removed, the new owner will have a blank canvas to work with exciting for some and daunting for others!... Waverley: A once-overlooked Sydney subur...
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Top Stories in Australian Home Ownership September 16, 2016

Today's trending stories in Australian home ownership and Home Loans. Brett Lee in fast work to buy $5 million Clontarf home Legendary fast bowler Brett Lee has traded up his property stakes, buying a hillside residence in Clontarf for more than $5 million. The cricketer-turn-commentator was in Chennai, India, at the time of last weeks exchange, but according to excited local chatter that didnt prevent him from securing the property. The 1138 square metres was only on the market fora month with a guide of $5 million to $5.5 million by Geoff Smith and Richard Harding,of LJ Hoo... Interest rat...
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Top Stories in Australian Home Ownership September 15, 2016

Today's trending stories in Australian home ownership and Home Loans. 7 in 10 investors set to use a broker for their next loan Seventy-one per cent of residential investors plan to source their next investment loan through a broker according to a new survey as confidence in the Australian property market grows ‘I spent far too much on my renovation': How to avoid overcapitalising on your property Professional renovator Cherie Barber admits she made a few mistakes on her early renovation projects, including buying her first property on a six-lane highway when she was an inexpe...
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Top Stories in Australian Home Ownership September 14, 2016

Today's trending stories in Australian home ownership and Home Loans. Mortgage arrears increase over June quarter According to Standard Poor's Performance Index (SPIN), the global credit rating agency claims that prime Australian residential mortgage-backed... Home mortgage brokers lobby for status quo in commission structure Home mortgage brokers lobby for status quo in commission structure ... rates, but make sure that you're getting the right features in your home loan. Home mortgage brokers lobby for status quo in commission structure Brokers to present arguments for retention of curre...
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Top Stories in Australian Home Ownership September 13, 2016

Today's trending stories in Australian home ownership and Home Loans. Defaults causes mounting mortgage stress Recent data from property investment firm Performance Property Advisory (PPA) revealed mortgage stress is on the rise due to a spike in defaults... Defaults causes mounting mortgage stress Three of Big Four banks seeing rise in mortgage defaults Kingsville: Melbourne’s property golden triangle An influx of deep-pocketed buyers is changing the shape of the inner-west, especially in propertys new golden triangle: Kingsville. Buyers are so enamoured by the tiny triangular pocket of th...
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Top Stories in Australian Home Ownership September 12, 2016

Today's trending stories in Australian home ownership and Home Loans. Smaller rate cuts may push borrowers to fixed rate loans New figures show August saw a small increase in demand for fixed rate home loans as borrowers looked to make the most of the low interest rate environment Smaller rate cuts may push borrowers to fixed rate loans August figures from major mortgage franchise Mortgage Choice show fixed rate home loans accounted for 20.32% of all loans written throughout the... Spring property auction sales remain strong Mortgage Choice's latest national home-loan approval data showed f...
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