Today’s trending stories in Australian home ownership and Home Loans.
- Tightly-held pocket of Eaglemont where locals live a decade longer than average
House of the Week: Eaglemont
Destined from the get-go to be a top peoples suburb, Eaglemont remains tightly held after 100 years. And buyers intent on bulldozing and rebuilding can pay $2 million plus to get a site foothold.
With the sub-neighbourhoods laid out in 1914 by one of the best urban designers ever to work in Australia, the top addresse…
- Developers asked to help expose dodgy operators
Good developers are being challenged to distance themselves from the dodgy ones by supporting a website that exposes the worst buildings and the people who built them.
We know there are people out there getting ripped off by dodgy developers and builders, and they get away with it a lot, says Kevin Reeve, 33, co-founder of the Unlock Property website. We want to expose them and make them accountable, and also highlight the good developers and builders.
- The best suburbs for millennials to buy property, according to new report
How first home buyers pay the mortgage
For millennials, choosing a suburbs is not just about finding the trendiestpostcode with themosthipster cafesper capita.
Increasingly, rising house prices,rents and travel costs,as well as the casualisation of work, havemeant Generation Y dont just …
- One in four retirees has a mortgage or renting a home
One in four retirees has a mortgage or renting a home … Traditionally, high rates of outright home ownership for older Australians have helped … back on in terms of equity in their property and having paid off a home loan,” she said.
- Commonwealth Bank cuts new home loan discounts
In a note to mortgage brokerson Monday, the nation’s biggest home lender said … A CBA spokesman said the bank constantly reviewed its home loan…
- CBA cuts discounts for first home buyers
Banks advertise home loan rates in terms of “standard variable rates” (SVR), which are the rates that move following Reserve Bank cash rate moves.
- Commonwealth Bank cuts mortgage discounts by 0.15 percentage points
The Commonwealth Bank will cut the size of lucrative discounts offered to customers taking out new home loans by 0.15 percentage points, pointing to…
- MFAA urges brokers to update business plans
The MFAA is urging mortgage brokers to update or implement their two-year business plans ahead of the release of the next broker benchmarking report