Today’s trending stories in Australian home ownership and Home Loans.
- Fears rise as mortgage stress strikes bush, city
Research covering the top 20 postcodes with the greatest mortgage stress features many country areas but … As house prices soared more than 65 per cent in Sydney in the past four years while floundering in other areas, some…
- Unfashionably late as housing cracks appear
The markets currently expect increases in mortgage rates, and we believe this would result in an increase in home loan arrears, Standard Poor’s…
- Home loan arrears going up: S
With markets currently expecting increases in mortgage rates, SP said home loan arrears were likely to go up again because most loans were on…
- How mortgage market is going to change in the new year?
The year 2016 held out a mixed bag for property buyers. As house prices soared, rate cuts by the RBA kept the properties affordable with lowest…
- ABS reports rising house prices
Latest ABS house price data reported mostly positive results for capital city markets over the September quarter. All capitals reported an increase in the established house price index with the exception of Perth and Darwin where prices fell by 1.8 percent and 2.2 percent respectively over the quarter.
The top performers were Sydney up by 2.6 percent, Melbourne up 2.1 percent and Hobart where the established house price index increased by 2.2 percent over the September quarter.
- Toorak mansion smashes record as most expensive home sold in Victoria
The sale of a Toorak mansion has just set a new state record as the most expensive home ever sold in Victoria.
Selling for$26.25 million, a mere five days before Christmas,9 Towers Roadwas purchasedby a local buyer after competing withseven otherlocal families.
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- Property website partners with NAB to offer home loans
National Australia Bank has partnered with a leading real estate site to bring together property searching and lending
- Complex loans driving greater broker market share
New research has found that added complexities in the home loan market are pushing more borrowers to brokers