Top Stories in Australian Home Ownership February 6, 2018

Today's trending stories in Australian home ownership and Home Loans. Regulators mull easing lending restrictions Last year, APRA limited the flow of interest-only loans to 30% of new mortgage loans. It also introduces a 10% annual growth cap on ... According to CoreLogic, Sydney house prices have already declined by 3.1% since the market's peak in July. Melbourne prices, on the other hand, have flattened out... ME Bank: The overall financial comfort of Aussies has stalled Rather worryingly, m...
More

Top Stories in Australian Home Ownership February 5, 2018

Today's trending stories in Australian home ownership and Home Loans. Key workers shut out of Sydney: report "Australia's key workers are increasingly locked out of home ownership, particularly in the metropolitan housing markets of Sydney and Melbourne," the report said. "High house prices and rents are 'pushing out' some of Sydney's key workers." Port Stephens, Lake Macquarie, Maitland and Cessnock are... New rules could discourage off-the-plan buyers The Australian government's strategy to ...
More

Top Stories in Australian Home Ownership February 4, 2018

Today's trending stories in Australian home ownership and Home Loans. ‘I was just so scared’: New push to help Victorian domestic violence victims end leases Three weeks after Maylin Pieda moved in with her partner a man she had known for five years everything in their relationship changed. He was swearing at me, pushing me, spitting at me, she says. He had packed a bag when I called the cops, and the moment I turned my back, he hit me with the full bag and I fell and hit my head on the door. ...
More

Top Stories in Australian Home Ownership February 3, 2018

Today's trending stories in Australian home ownership and Home Loans. Ontario revokes mortgage broker BDMC license over risky investments TORONTO (Reuters) - Ontario's financial regulator said on Friday it has revoked the license of mortgage brokerage Building Development and Mortgages Canada Inc (BDMC) and Vince Petrozza, a co-founder of a related firm, Fortress Real Developments, following an investigation into risky syndicated... Socialite Nellie Tilley pockets $6 million for her Double Bay...
More

Top Stories in Australian Home Ownership February 2, 2018

Today's trending stories in Australian home ownership and Home Loans. Should the big banks slash their home loan rates? Peter White, executive director of the Finance Brokers Association of Australia (FBAA), has urged the big banks to drop their home loan rates. He also welcomed moves from non-banks to drop their interest rates, but added that he's disappointed the majors hadn't followed suit. It is good to see the... Coast's property market set for 2% growth: report Herron Todd White's l...
More

Top Stories in Australian Home Ownership February 1, 2018

Today's trending stories in Australian home ownership and Home Loans. APRA data shows slight home loan increase APRA data shows slight home loan increase ... Home loan balances expanded by 0.5% to $1.6 trillion, boosted by owner-occupation loan growth (up 0.59% to $1.045 trillion) and investment lending growth (0.32% to $533 ... Either we will see home prices start to lift, or mortgage momentum will sag. Hobart's house prices grow 17.3 per cent over the year to December: Domain Group Hoba...
More

Top Stories in Australian Home Ownership January 31, 2018

Today's trending stories in Australian home ownership and Home Loans. Four Victorian suburbs to watch this year New developments, demographic changes, and infrastructure upgrades are some of the things that make a suburb more attractive to owner-occupiers and property investors. In a report from Domain News, some industry experts highlighted four suburbs in Victoria that fit this mould, making each of them... Perth housing market sees early signs of recovery The Perth property market is beginn...
More

Top Stories in Australian Home Ownership January 30, 2018

Today's trending stories in Australian home ownership and Home Loans. Negative gearing is not to blame for skyrocketing prices The report compared Australia and Germany's negative gearing policies and found that while both countries exempt owner-occupied housing from capital gains and provide for negative gearing, Oz house prices have continued to rise while Germany's remain relatively stable due to a large private rental... What not to do when you’re a guest in someone’s home Whether youre st...
More

Top Stories in Australian Home Ownership January 29, 2018

Today's trending stories in Australian home ownership and Home Loans. Before and after: How this Brunswick home went from ‘poorly planned’ to sun-filled Its called House to Catch the Sun and indeed every aspect of this renovated abode is now filled with natural light. But it wasnt always so.... Couple takes fight to keep pet dog in London penthouse to High Court A bitter two-year battle involving a pooch, a penthouse and pet owners has ended up before the High Court in London. At the centre o...
More

Top Stories in Australian Home Ownership January 28, 2018

Today's trending stories in Australian home ownership and Home Loans. DIY super investors caught out by Arrium bust: how to write off worthless shares Because of the effect of the transfer balance cap in 2017, I withdrew my account-based pension fund money and placed it in an offset account against our current mortgage, which is very low. I am not able to put the money back into ordinary superannuation as I have no intention of re-entering the... DIY super investors caught out by Arrium bust: ...
More

Top Stories in Australian Home Ownership January 27, 2018

Today's trending stories in Australian home ownership and Home Loans. Estate in Evans Court, Toorak, priced above $45 million poised to break Victorian house price record One of Melbournes most reclusive and wealthy families is selling an extravagant Toorak estate, a collection of mansions expected to fetch up to $50 million. The six houses were amassed into one portfolioby the former head of BP, James Stafford-Fox, and his wife Moyna. The couple bought the grand mansion at 15 Evans Court and t...
More

Top Stories in Australian Home Ownership January 26, 2018

Today's trending stories in Australian home ownership and Home Loans. AHURI: Stronger tenant protections won't harm housing market While negative gearing and capital gains tax discounts are blamed for encouraging speculation and driving up house prices in Australia, Germany has had a remarkably long period of stable housing prices. More stringent regulations, alongside the country's conservative housing practices, are believed... Mortgage arrears drop in all states and territories The num...
More

Top Stories in Australian Home Ownership January 25, 2018

Today's trending stories in Australian home ownership and Home Loans. US home sales fall as record low inventory boosts prices In December, existing home sales fell 7.5 percent in the Northeast and dropped 6.3 percent in the Midwest. Sales slipped 1.7 percent in the South, which accounts for almost half of the existing homes sales market. They fell 1.6 percent in the West, which has seen a strong increase in house prices. The cure to Australia's severe housing unaffordability: get rid of ...
More

Top Stories in Australian Home Ownership January 24, 2018

Today's trending stories in Australian home ownership and Home Loans. Experts: Homeowners need to prepare for higher interest rates Victorians, who've also seen a significant jump in house prices, will have to cough up an additional $114 on the average $396,500 home loan. With the average mortgage loan about $40,000 less in Canberra ($355,900), the increase will be slightly lower at $103. WA residents owe virtually the same... Templestowe: The suburb beckoning you to take a walk on the wild si...
More

Top Stories in Australian Home Ownership January 23, 2018

Today's trending stories in Australian home ownership and Home Loans. Mortgage stress could hit one million households The number of Aussie households facing mortgage stress could top one million this year, according to Lucky Money, a mortgage broking firm with a focus on ... The major reason behind this issue is people are so focused on the ability to pay back their home loan that they [forget] about paying off their... Third fractional property investment platform enters Aussie market But wi...
More