Top Stories in Australian Home Ownership June 5, 2018

Today's trending stories in Australian home ownership and Home Loans. "Long odds" against RBA rate move ... COO of HashChing, said, Borrowers will need the assistance of experienced mortgage brokers now more than ever for their home loan applications... Digital property transactions jump 25% There were 100,000 digital transactions in May, as PEXA forecasts being 100% digital ahead of schedule RBA leaves interest rate unchanged, economists scramble to extend forecasts They [the RBA] ...
More

Top Stories in Australian Home Ownership June 4, 2018

Today's trending stories in Australian home ownership and Home Loans. Tempting the investors back CoreLogic data published in April confirms investors represent around 51% of new mortgage demand well above the long-run average of 37% and... Mortgage market risk hasn't gone away says UBS AM's Harford Harford was freshly elevated to head of regional markets for North America at Citi on the Friday before US mortgage giants Freddie Mac and Fannie... Borrowers who haggle often get an in...
More

Top Stories in Australian Home Ownership June 3, 2018

Today's trending stories in Australian home ownership and Home Loans. Discounting on Sydney properties at highest level in years, with price drops biggest on the lower north shore In a bid to secure asale in a cooling market, Sydney homeowners are discounting their properties at their highest level in five years. Across thecity, the average discount vendors accepton originally advertised house pricesreached 6 per cent over the latest quarter the largest markdown inprices since April 2013. The a...
More

Top Stories in Australian Home Ownership June 2, 2018

Today's trending stories in Australian home ownership and Home Loans. ASX aims to take on electronic settlement The Property Exchange Australia (PEXA) is already aiming for a completely paperless mortgage process. In April it announced it had now processed... John Kinghorn snaps up Mosman’s first double-digit apartment for $10.22 million As Rich Lister JohnKinghornawaits a buyer on his long-held Mosman waterfront mansion he has pushed ahead with his downsizer plans and put his name to the subu...
More

Top Stories in Australian Home Ownership June 1, 2018

Today's trending stories in Australian home ownership and Home Loans. Westpac predicts sweeping home price drops APRA's macroprudential policies are restricting interest-only loans and tighter guidelines for all new loans are slowing house prices and credit growth... Victoria sees surge of first-timer loans despite affordability issues Despite weakened home loan affordability, Victoria still managed to attract a slew of first home buyer loan applications, according to the latest... Winners of...
More

Top Stories in Australian Home Ownership May 31, 2018

Today's trending stories in Australian home ownership and Home Loans. Class action planned for entire mortgage industry The action is on behalf of customers who took out a mortgage with a bank since 2012 Prices likely to slump further as foreign buyers ditch Australia Murphy said global interest rates are also a factor -- sooner or later, Australian interest rates will follow the footsteps of the US, where mortgage interest... APRA pressures banks over customers' living expenses claims B...
More

Top Stories in Australian Home Ownership May 30, 2018

Today's trending stories in Australian home ownership and Home Loans. Expert advice on how to make a new property feel like home For the design-conscious, an empty home waiting to be unpacked, filled and styled can put the brakes on any joy surrounding a new purchase. By the time you move in you are exhausted, says interior stylist Lisa Koehler. It is a feeling of being overwhelmed from making all the decisions on renovating and building, and then having to start the process of furniture select...
More

Top Stories in Australian Home Ownership May 29, 2018

Today's trending stories in Australian home ownership and Home Loans. Australians are not aware of First Home Super Saver Scheme, poll says ... early intervention approach to education around the initiative, otherwise by the time first-home buyers look into their first mortgage, it will be too late.. Iranian refugee served eviction notice takes case to the Supreme Court An Iranian refugee who was served an eviction notice from her Melbourne rental has taken her landlord to the Supreme Court of...
More

Top Stories in Australian Home Ownership May 28, 2018

Today's trending stories in Australian home ownership and Home Loans. A Big Deal: Luke Cieslak Self-employed for 30 years and a loyal and long-standing customer of a major bank, he contacted his lender to renegotiate a 4.55% pa home loan rate... Brickworks Lindsay Partridge tips soft landing for house prices The managing director of Australia's largest brick maker has predicted a soft landing for the nation's housing market even if it has finished "running... Budget and prestige homes outperf...
More

Top Stories in Australian Home Ownership May 27, 2018

Today's trending stories in Australian home ownership and Home Loans. Mystery Chinese buyers behind Dural’s $10.85 million ‘holiday home’ EXCLUSIVE A mystery Chinese buyer has caused waves in Sydneys Hills District, dropping $10.85 million on a French provincial-inspired mansion in Dural. The bullish price smashed the previous suburb by more than $2 million, but its the rumoured buyers identity that has locals excited. Records show the two-hectare luxury estate was bought by Junlong Zheng, with...
More

Top Stories in Australian Home Ownership May 26, 2018

Today's trending stories in Australian home ownership and Home Loans. Reverse mortgages securing aged care places While the typical reverse mortgage might be associated with pensioners wanting to purchase a new car, renovate their homes or pay for medical bills,... Mortgage marketplace receives $700k loan An online home loan marketplace has received a $700,000 loan from Jobs for NSW, which is set to help the business create 46 jobs over the next five... CBA reveals latest crackdown to stop pr...
More

Top Stories in Australian Home Ownership May 25, 2018

Today's trending stories in Australian home ownership and Home Loans. Why housing affordability is not as bad as it seems for homebuyers Mortgage stress is largely unchanged since 1988 following an increase ... "While elevated house prices are a concern, the more pressing social... Home loan arrears rise in March Australian home loan arrears rose in March. ... Mortgage arrears remained relatively unchanged year on year in March and are lower than the... The Design Files: Inside the home of ar...
More

Top Stories in Australian Home Ownership May 24, 2018

Today's trending stories in Australian home ownership and Home Loans. Australian home loan start-up raises $15 million Australian home loan start-up Athena has amassed $15m in its latest ... have large investments in Australian mortgage assets, via bank intermediation. Millennials make up a big slice of the mortgage broker market The research found that 42.5% of millennials with a five-year home loan used a mortgage broker. Roy Morgan industry communications director... Aggregator "blown...
More

Top Stories in Australian Home Ownership May 23, 2018

Today's trending stories in Australian home ownership and Home Loans. SMSF lending: great opportunity for brokers Just like a typical home loan, an SMSF loan requires a deposit. ... "Mortgage brokers do not under any circumstances get involved in advice, or in the... Millennials nearly half of broker market New research shows millennials are the most likely to go to a mortgage broker Millennials nearly half of broker market Another potential reason is that with rapidly rising house prices, co...
More

5 Major Tips For First-Time Home Buyers

Home transactions are usually one of the biggest purchases made in one’s lifetime. For first-time home buyers, we understand that the process can be nerve-racking, intense, confusing, and exciting at the same time. As a trusted Brisbane Conveyancing firm for over 30 years, our biggest advice for first-time buyers is not to take this process lightly. Regardless if you hire a conveyancing firm to help you or work on the transaction all by yourself, expect everything to go off-rails. This w...
More