Top Stories in Australian Home Ownership February 23, 2018

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

  • How vulnerable are Australian homeowners to financial stress?
    Households with higher debt levels may also sharply curtail their consumption in response to an adverse shock such as rising unemployment or large falls in house prices, amplifying any economic downturn,” Bullock said. Figures from RBA reveal that the average mortgage debt-to-income ratio has…
  • Should immigration levels be drastically reduced?
    My issue is not immigration; it’s the rate of immigration at a time of stagnant wages, clogged infrastructure, soaring house prices and, in Melbourne at least, ethnic gangs that are testing the resolve of police, Abbott said during a speech at the Sydney Institute. It’s a basic law of economics that increasing…
  • First-home buyer beware: Five hidden costs of buying a home
    Getting your foot into the door isnt cheap, but sometimes its where the money is spent that comes as a shock to first-home buyers.
    Its not over oncethe deposit has been saved and the winning offer made. Experts have identified five areas where hidden costs might be lurking, and how a buyer can avoiding paying more than they need to.
    1. Pre-purchase research
    Anna Porter, a property valuer and principal at strategicproperty investment comp…
  • Mortgage franchise's home loan settlements dip
    Gross revenue from broking declines, with commissions received falling 3%
  • Mortgage franchise's home loan settlements dip
    Mortgage Choice’s home loan settlements in the six months to December 2017 went down to $6bn from $6.4bn in the first half of FY17 despite growth in its loan book, as lending policies toughen. The company’s loan book grew 3.2% to $54bn in the first half of FY18, while net profit after tax on a cash…
  • How vulnerable are Australian homeowners to financial stress?
    Interest-only borrowers would bear most burden should economy grapple with mortgage stress