Top Stories in Australian Home Ownership November 24, 2017

Today's trending stories in Australian home ownership and Home Loans. Is New Zealand better than Oz at tackling housing affordability? Foreign ownership of real estate is a growing concern in New Zealand, Australia, and Canada, mainly because it's widely believed that foreign acquisitions drive up house prices and reduce the stock that locals can acquire. In terms of affordability, New Zealand virtually mirrors developments in Australia,... NAB chief urges regulators to take responsibility for...
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Top Stories in Australian Home Ownership November 23, 2017

Today's trending stories in Australian home ownership and Home Loans. Interest-only borrowers take bigger financial risks The latest findings from Morgan Stanley's AlphaWise research arm shows that interest-only mortgage borrowers tend to be less competent money managers ... Second, interest-only home loan borrowers are more likely to take on even more debt to manage higher costs, with more than half (53%) saying... How to know if your home is in dire need of a renovation Im cleaning my teeth ...
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Top Stories in Australian Home Ownership November 22, 2017

Today's trending stories in Australian home ownership and Home Loans. IMF: Don't expect any correction in Australia's housing affordability The Australian housing market is projected to cool, but homeowners and property investors should not expect any correction in the market's lower housing affordability and household debt vulnerabilities. According to a statement by the International Monetary Fund (IMF), the cooling will most likely be... Former Test cricketer Shane Watson scores $...
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Top Stories in Australian Home Ownership November 21, 2017

Today's trending stories in Australian home ownership and Home Loans. A home buyer who is shaking the foundations of the mortgage industry A home buyer who is shaking the foundations of the mortgage industry ... He said its loan assessment has automated the home loan process and... Where would you move to for a home? The suburbs where house prices are down but employment ... New jobs are being created in Australia's regional centres, giving rise to relocation opportunities for those in bigger ...
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Top Stories in Australian Home Ownership November 20, 2017

Today's trending stories in Australian home ownership and Home Loans. 'Liar loans' are a major threat to household stability Due to increasingly strained affordability, many aspiring homeowners are tempted to stretch the truth to secure a mortgage on their dream property. However, this practice could have devastating consequences, says Maria Yanotti, lecturer of economics and finance at the Tasmanian School of Business... Despite challenges, investors remain bullish Despite tightened...
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Top Stories in Australian Home Ownership November 19, 2017

Today's trending stories in Australian home ownership and Home Loans. Empty Melbourne properties should be offered to low-income tenants, advocates say Four years ago, personal trainer Frank became a novice property investor. After talkingto a financial adviser about where to invest his savings, he and his wife decidedto buy an apartment. But instead of finding a mainstream real estate agency, they joined the National Rental Affordability Scheme. The couplenow own a unitin Altona and Travancore...
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Top Stories in Australian Home Ownership November 18, 2017

Today's trending stories in Australian home ownership and Home Loans. Daughter of the late Philippine dictator Ferdinand Marcos to sell her North Bondi home The four-bedroom duplex in North Bondis Ben Buckler neighbourhood currently for sale with a $3.8 million guide is a fairly unassuming Sydney home, givenits owner is the daughter of the latePhilippinedictator, Ferdinand Marcos.... Trophy home collector John Schaeffer lists Dover Heights digs for $10 million John Schaeffer has listed his...
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Top Stories in Australian Home Ownership November 17, 2017

Today's trending stories in Australian home ownership and Home Loans. Buying versus renting in Melbourne ... attractive to purchase a property and pay a mortgage than it was a decade ago, Teplin said. While everyone is talking about rising house prices,... What to see this weekend: The best properties on show in Melbourne 166 Church Street, Brighton $3 million-$3.3 million 4 bedrooms, 2 bathrooms, 2 car spaces This Victorian residence has been sensitively modernised. Embraced by lush landscap...
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Top Stories in Australian Home Ownership November 16, 2017

Today's trending stories in Australian home ownership and Home Loans. Queens Park: the slice of Sydney suburbia that broke away from the big smoke When author and cultural commentator Mark Roeder moved in to a run-down Federation house on Bondi Junctions southern border in the mid 1980s, he was immediately struck by how secluded the area felt. The centrepiece of the neighbourhood was Queens Park: a handsome collection of trees and playing fields that seemed to exert a calming influence on the ...
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Top Stories in Australian Home Ownership November 15, 2017

Today's trending stories in Australian home ownership and Home Loans. ANZ: Higher interest rates could be nine months from now Australia, meanwhile, is also seeing house prices soften and investors retreat ... These are likely to have a material impact on mortgage originations,... Westpac's Reinventure buys in to Brickx ... of a new "rent-to-own" model in Australia's $1.6 trillion mortgage market. ... its products including providing renters with a path to home ownership. Newport: In a s...
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Top Stories in Australian Home Ownership November 14, 2017

Today's trending stories in Australian home ownership and Home Loans. Aussie fintech launches first auction-style platform for loans According to Michael Phillipou and Bill Kalpouzanis, co-founders and co-CEOs of Lodex, this platform enables consumers to tender their home loan... Australia’s best holiday homes revealed in Stayz 2017 Holiday Rental Awards Holiday home rental site Stayz, have just announced nine properties as the winners of the annualStayz 2017 Holiday Rental Awards (HRA). More ...
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Top Stories in Australian Home Ownership November 13, 2017

Today's trending stories in Australian home ownership and Home Loans. Why the RBA's benchmark interest rate won't rise any time soon He also told MPs earlier this year that more rate cuts would probably push up house prices a bit more, because most of the borrowing would be... Five Brisbane homes near parkland for the kids to play in A great value add for a home is a park within walking distance, or better yet within sight. For families, having the extra space to play can be handy an...
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Top Stories in Australian Home Ownership November 12, 2017

Today's trending stories in Australian home ownership and Home Loans. Gaping loophole in new NSW strata rules exposed after resident ripped up her carpet Apartment-living could descend into chaos if a gaping loophole just revealed in the new strata legislation isnt plugged as a matter of urgency, its been claimed.... Northwood home and studio of acclaimed artist Lloyd Rees for sale for first time For almost 30 years after the death of the late great Australian artist Lloyd Rees his studio belo...
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Top Stories in Australian Home Ownership November 11, 2017

Today's trending stories in Australian home ownership and Home Loans. Pokie heir Mark Ainsworth sells Birchgrove’s Clifton Villa for $9.5 million The sons of Sydneys billionaire pokie king Len Ainsworth and luxury car dealer Ian Pagent have done a $9.5 million deal on the historic Birchgrove residence, Clifton Villa. Mark Ainsworth,one of seven sons of the Aristocrat Game Technology chairman, set a Birchgrove record when he bought Gothic-style residence on the Birchgrove clifftop with his then ...
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Top Stories in Australian Home Ownership November 10, 2017

Today's trending stories in Australian home ownership and Home Loans. Top three: Domain’s pick of open homes to see this weekend in Sydney A European-inspired residence, a funky warehouse conversion and a coastal bolthole have caught Domains eye this week. Head to Turramurra, Newtown or Maroubra this Saturday to catch a viewing. Turramurra $5 ... What to see this weekend: The best properties on show in Melbourne 47 The Grove, Coburg $3 million-$3.3 million 5 bedrooms, 2 bathrooms, 2 car spaces...
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