Top Stories in Australian Home Ownership June 21, 2018

Today's trending stories in Australian home ownership and Home Loans. Lender slams "myths" around custom lending While some mortgage brokers are sceptical of taking on custom clients, ... ought to be trained in every form of home loan there is, Mohnacheff says. Brokers can help "stressed" rentvesters You can live where you want in a rental property, while getting someone else to pay off the mortgage on your investment property. But new data from... Some Interest-only borro...
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Top Stories in Australian Home Ownership June 20, 2018

Today's trending stories in Australian home ownership and Home Loans. Cities lead fall of property prices New data from the ABS shows residential property prices fell in March Beach breaks and a music mecca: Why Byron Bay is still worth all the hype On the third weekend in July, 35,000 people will descend on the North Byron Parklands to revel in tunes from the likes of Lorde, Khalid and Kendrick Lamar.... ANZ forecasts Sydney, Melbourne property prices to fall further We've pushed our interes...
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Top Stories in Australian Home Ownership June 19, 2018

Today's trending stories in Australian home ownership and Home Loans. Non-majors continue to take home loan share Major lenders have seen a steady decline in the number of new loans, according to AFG Brokers "doing great job" for non-bank The government-backed lender helps first time buyers into the property market New franchisees positive about joining brokerage Two mortgage brokers say they trust the team at MoneyQuest to help grow their businesses Housing crash unlikely, based o...
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Top Stories in Australian Home Ownership June 18, 2018

Today's trending stories in Australian home ownership and Home Loans. Highly geared borrowers tipped to face extra scrutiny Property investors seeking to borrow many times their income are tipped to come ... respond to regulatory pressure to restrict higher-risk mortgage lending. ... changes in this area could be a further drag on the home loan market. ‘A bit shaky’: Two distinct tiers have formed in Melbourne’s auction scene The Melbourne auction clearance rate trended down on Saturday, falli...
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Top Stories in Australian Home Ownership June 17, 2018

Today's trending stories in Australian home ownership and Home Loans. Monster mortgages: How Sydney's trophy home owners pay for their mega-mansions But a deep dive into the holdings of Sydney's richest homeowners reveals having a mortgage is often a strategic decision, rather than a necessity. Monster mortgages: How Sydney’s trophy home owners pay for their mega-mansions Getting a loan to buy a property in Sydney is no easy task, particularly if youre in the small group of elite asking t...
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Top Stories in Australian Home Ownership June 16, 2018

Today's trending stories in Australian home ownership and Home Loans. Elderly Australians pressed by adult children to sell, move out As the dream of home ownership becomes less achievable for the young, ... Dr Patterson, a Howard government health minister, said this form of elder abuse was expected to escalate as the population aged and house prices rose. Perth multimillionaire Sue Gibson leaves $50 million mansion behind, heads to NSW Perth trophy home owner Sue Gibson is swapping her $50 m...
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Top Stories in Australian Home Ownership June 15, 2018

Today's trending stories in Australian home ownership and Home Loans. This is how to make-over your home to suit your buyer A lovely looking home is a great way to attract potential purchasers when youre planning on selling, but this is just one element. Making a home aesthetically attractive is important, but theres another reason people buy homes they fulfil their practical needs. Sounds boring but its absolutely true.... Rise in variable rate home loans continues The trend could continue a...
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Top Stories in Australian Home Ownership June 13, 2018

Today's trending stories in Australian home ownership and Home Loans. Proposed tax changes may cause Sydney and Melbourne prices to slide It is also equivalent to a 20% rise in mortgage repayments. The study said that the local government areas with a higher saturation of investors would... House prices feel pinch as loan demand continues to slide The number of loans being sold to property investors has tumbled to its ... Total Australian home loan approvals fell by a seasonally adjusted 1.4 p...
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Top Stories in Australian Home Ownership June 12, 2018

Today's trending stories in Australian home ownership and Home Loans. The eight step guide to buying an apartment off the plan Putting money on the line for something that doesnt yet exist sounds a little crazy, right? Yet thousands of Australians buy property off the plan every year. By following the guide, youll be in a much better position to make a stress-free purchase. Step 1.Finance Its crucial to understand your lenders policy when it comes to off-the-plan purchases, says Alex Caraco, ex...
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Top Stories in Australian Home Ownership June 11, 2018

Today's trending stories in Australian home ownership and Home Loans. Australian households reel under mortgage stress Households in Australia are suffering from intensifying mortgage stress, no thanks to the skyrocketing living costs and sluggish income growth. What tops Aussie home buyers' wish lists? Aside from affordable price tags and strategic locations, Aussie property hunters are looking for specific features in homes they are planning to buy. Bidders battle for two multimillion-...
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Top Stories in Australian Home Ownership June 10, 2018

Today's trending stories in Australian home ownership and Home Loans. Apartment sales propping up Sydney’s grim auction market Apartment sales are propping up Sydneys grim auction market, with less than half ofhouses now selling under the hammer in many parts of the city. Just 50.8 per cent of all houses that went to auction across Sydney in May sold, while the results were stronger for apartments with a 58.2 per cent clearance rate. While apartments have long recordedhigher clearance rates tha...
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Top Stories in Australian Home Ownership June 9, 2018

Today's trending stories in Australian home ownership and Home Loans. Julia Cooney leads young and rich with $8.67m first-home buy in Darling Point As uni student accommodation goes, the Darling Point digs bought by one 20-year-old medicine undergraduate this week is likely better than most given its $8.67 million price tag. But then Julia Cooneymay well have had a little help from her father, yachtie and renewable energy bossJimCooney, in fundingher first home.... ACT loans drop 17.1 per cent...
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Top Stories in Australian Home Ownership June 8, 2018

Today's trending stories in Australian home ownership and Home Loans. Childhood home of twins Jordan and Zac Stenmark hits Mosman market for $11 million DamienandSusieStenmark have listed thisMosman residence for sale. Photo: Supplied Supermodels Jordan and Zac Stenmark, their Stanford University-based brother Louis and stylist sister Zoe (wife of Sydney Swans player Lewis Roberts-Thomson) are set to fa... Hiring architect is more cost effective than you might think If youre up for a...
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Top Stories in Australian Home Ownership June 7, 2018

Today's trending stories in Australian home ownership and Home Loans. Mortgage marketplace automates expenses collection Online mortgage marketplace, HashChing, has partnered with Equifax to automate the collection and categorisation of income and expense receipts. Why home prices are unlikely to rebound this year ... drops in the past have been attributed to an increase in mortgage rates. ... credit tightening is possible and this could further pressure house prices. Lenders could still rais...
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Top Stories in Australian Home Ownership June 6, 2018

Today's trending stories in Australian home ownership and Home Loans. Mortgage group's "mortgage hell" billboard above CBA The billboard is part of a marketing campaign against the big banks Smaller cities set to "gain momentum" A property expert says "overlooked" cities are set for a boom in new house buys Industry edge: Your new favourite warehouse conversion is selling in Paddington for $8 million Ladies and gentlemen, the bar for prestige industrial conversions ha...
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