Today’s trending stories in Australian home ownership and Home Loans.
- Wonga Park: The secret playground of Melbourne’s reclusive millionaires
Im on a hunt for Wonga Parks rich and reclusive. Two things are for sure. The first: I wont find them at The Village Centre. This small brown-bricked shopping strip once housed a butcher, a baker, a candle stick Okay you get the picture….
- Is the grass always greener? Why I changed my mind about a making a tree change
I found the perfect house. It has four bedrooms, a study,a freshly renovated kitchen and a laundry the size of a carport. And a carport.It has a huge garden and a swing set.
It didnt just tick all the boxes on my deal-breakerlist it ticked boxes I didnt even know I had. I was mentally unpacking our moving boxes before I reached the end of thephotos. The best bit? We could afford it.
Of course there was a catch. The drea…
- Darebin council accused of bid to sell off pensioners’ backyards through adverse possession
A fierce battle over disused laneways in Melbournes northern suburbs has led to accusations Darebin council is trying to sell off residents backyards, pitting pensioners against cashed-up developers.
The policy affects 4000 homes backing onto 30 kilometres of disused laneways in 10 suburbs, including Preston, Reservoir, Coburg, Northcote, Fairfield and Thornbury, and involves council trying to sell parcels of laneway to adjoining properties.
- NAB's lenders mortgage insurance bake off in final weeks
Street Talk understands a decision will be made on the provider or providers of the bank’s LMI in coming weeks. Making existing contract holders…
- The 'bigger worry' than a property market crash
The implication was that falling prices would leave Roy and Rowena, and thousands of other investors, holding more in mortgage debt than they…
- Wagga charities fear 'mortgage stress' as rate rises are predicted
With interest rates predicted to rise as many as eight times in the next two years, charitable organisations fear many Wagga households will no longer…
- Are The Banks Really To Blame For Record Levels Of Household Debt?
Anyone with a pulse could essentially get a mortgage. … population growth and policy to add context to the issue of rising house prices. … finding that these include six to nine home loan requests completed per week which can…
- Mortgage risks trend up at Westpac
The banks latest financial figures also show the lender is on track to meet APRAs interest only and investor speed limits
- Major bank refines serviceability criteria
The lender has announced these new policy changes as a result of tighter requirements enforced by APRA