Top Stories in Australian Home Ownership August 5, 2016

Today’s trending stories in Australian home ownership and Home Loans.

  • A buyer’s guide to open house etiquette
    As the scramble to buy a property continues, open houses are becoming increasingly common. Though you can probably think of better ways to spend your Sunday afternoon, theyre necessary in this market, and are a great way for you to suss out the competition and dig beyond the listing data. Before you go in, here are a few tips for navigating the waters.
    Dont park in the driveway. What applies at house parties applies here.
    Walk right in. If the propertys been…
  • Buyer pays $1 million for rare Collingwood warehouse rooftop and air rights
    Abuyer has paid more than $1 million for a pocket of innercity air.
    The unusual sale is for theroof of a heritage building on Collingwoods Oxford Street, on which the buyer willbuild a penthouse.
    The new owner has in effect paid for air rights.
    Level 5 of68 Oxford Street wasdue to go under the hammeron Saturday, but an e…
  • The buyer behind Rose Bay’s $16.8m doer-upper
    Restaurant entrepreneur John Szangolies has splashed some of the almost $200 million he pocketed late last year when he sold his Urban Purveyor Group to private equity group Quadrant….
  • Bank chiefs accept PM's call for public grilling
    Mr Munchenberg dismissed the suggestion that the industry had not explained that bank funding costs were the primary driver of mortgage rates, not…
  • Big banks do the RBA a favour, even if it doesn't realise it
    That means Australians likely now have the lowest mortgage rates they’ve had since … The banks’ move may make a few ebullient property investors rethink their assumption that mortgage rates will keep going down. … that’s a great thing for those currently locked out of home ownership by high prices,…
  • Big banks do the RBA a favour, even if it doesn't realise it
    That means Australians likely now have the lowest mortgage rates they’ve had since … The banks’ move may make a few ebullient property investors rethink their assumption that mortgage rates will keep going down. … that’s a great thing for those currently locked out of home ownership by high prices,…
  • Non-major reduces home loan and business rates
    Another non-major lender has announced rate reductions, but it will not pass the rate cut on in full
  • Rate cut good news for Sydney housing market
    The Reserve Bank of Australias decision to cut the official interest rate to 1.5% this week will help to boost housing supply in Sydney, a property development industry group has said
  • New interest rate cut defies threats of a housing bubble
    By cutting the official cash rate to an unprecedented low of 1.5 per cent, the Reserve Bank of Australia has effectively squashed all threats of a property bubble.
  • Aussie banks offer higher payouts on term deposits for savers
    Instead of passing the full rate cut to its mortgage customers, Australias four major banks said that they will offer higher payouts on some term deposits for their savers.

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