Today’s trending stories in Australian home ownership and Home Loans.
- Dawn of a new growth era
The market worsened in February when house prices dropped to $342,000 a direct … The demand in bargain buys caused median house prices to rise to … Property investors would have been forced to look for returns elsewhere…
- 2016: The year price records were set in 52 Sydney suburbs, from terraces to penthouses to trophy amalgamations
Expensive taste in real estate among Sydneysiders and a willingness to compete for it has resulted in record high sales results in more than 50 suburbs this year.
Records were set across Sydney, from more than $60 million in Point Piper for the Altona trophy home to the western suburbs where the first house sold for more than $1 million in Minchinbury.
The market is heady with confidence, although it still has a mixed feel to it so that the further west you go the growth …
- Deutsche Bank to pay $7.2bn to settle US subprime case
… of $7.2 billion to settle a case with the US Department of Justice over its role in the subprime mortgage crisis, the lender said in a statement Friday.
- Deutsche Bank $US7.2b settlement with US
On Thursday the DoJ sued Barclays on charges of fraud in the sale of mortgage-backed securities in the run-up to the 2008-09 financial crisis.
- Family affair for Seymour siblings who snap up $17.35 million New Farm icon
Aniconic riverfront site at New Farm has sold for a whopping $17.35 million just days out from Christmas.
Fronting the Brisbane River on Oxlade Drive with views across the water to the CBD, the four separate 597 square metre vacant lots totalling 2388 square metres is understood to have been purchased by three of the grandchildren of Queensland rich-lister Kevin Seymour.
- Deutsche Bank agrees to pay $10b settlement for its role leading into the GFC
The Obama administration is pressing to wrap up investigations of Wall Street firms for creating and selling the subprime mortgage bonds that fuelled…
- FHBs increasingly locked out of property
A new report has found that first home buyers have to save for longer now than ever with borrowers especially disadvantaged in Sydney