Today’s trending stories in Australian home ownership and Home Loans.
- House of the week: Big, bold and beautiful in Brighton
How do we love thee, Melbourne? Well, let us count the houses weve seen this year. The big, the bold, the beautiful. The classy, the quirky, the quietly confident. Heres yet another of our favourites and our last for whats been a stellar year in prestige property….
- Palm Beach ends 2017 on a $12 million-plus high
The Palm Beach property market might be winding down for the year ahead of the holiday season but it didnt stop the local trophy home Karala selling formore than $12 million, making it the highest sale in two years.
Records reveal the seven-bedroom residence was bought by Mosman local SilvanaMarshall, wife oflawyer Richard Marshall, the former head of legal for mining giant Glencore Xstrata.
Karala is known as one of Palm Beachs most expensive hol…
- South Coogee house at centre of multimillion-dollar family dispute for sale
ASouth Coogee mansion that has stood at the centre of a multimillion-dollar family legal dispute has been returned to the market by the family patriarch with price hopes up to $2 million higher than it sold for in June….
- Housing Finance
In terms of new commitments, there are more signs that the home loan market has cooled. That means fewer homes being built and fewer purchases and thus further softening of home prices. Pent-up demand has been met. The home loan market is not too hot or cold, but just about right. Now the…
- Investor lending bounces back in October
The last time more than 55,000 home loans were approved each month for this long was back in June 2016, Mortgage Choice chief executive officer … Looking ahead, Mr Flavell said while he would expect to see a seasonal slowdown in home loan demand over the coming months, on the whole, home…
- Bank inquiry demands cheaper tap-and-go debit payments by April
Mr Coleman also called on the Australian Competition and Consumer Commission to look at the round of interest-only mortgage rate hikes earlier this year, as part of a probe into home loan pricing. The watchdog should investigate whether some banks misled their customers by blaming the mid-year…
- Campaign for Mt Annan family to avoid Christmas hardship after workplace tragedy
Receiving only six weeks of workplace insurance cover, Christy said the family was struggling financially with two children under the age of two and a mortgage. Christy-Lee Roach, Max (7 months), Jack (months) and dad Ross Dean. Picture: Robert Pozo. It is life-changing. Ross will need ongoing help…
- Everything you need to know about low deposit home loans
If saving up a 20% deposit doesn’t seem like it’s going to be in the cards for you, you may want to consider a low deposit home loan.
- Mortgage arrears to increase in 2018: Moody’s
Continuing effects from the mining downturn and divergence in the non-bank sector are expected to affect delinquencies next year