Today’s trending stories in Australian home ownership and Home Loans.
- When economic discipline can help our deficiencies in willpower
Indeed, the costs of home ownership rates, repairs, depreciation, utilities, etc are often overlooked in comparison. But that misses the extra benefit of having a mortgage: it creates a commitment to save. A mortgage, especially for people who pay little attention to their finances, in effect compels…
- Shadow sector mortgages surging ahead
The shadow banking sector is continuing to expand rapidly in the nation’s $1.7 trillion mortgage market despite regulatory attempts to reduce … Due to tough new restrictions on lending launched by the prudential regulator in March, borrowing by property investors and speculators from banks has stalled…
- Making some fast cash in 2018 has never been easier if you know where to look
Whether it’s to pay down debt, boost your monthly income, save for a mortgage or travel overseas, there are plenty of apps, services, strategies and investment options out there which can help … Mr James says 2018 will also be a great year for first home buyers as house prices are set to continue to fall.
- One-third of ACT suburb records smashed in 2017
It was a record-breaking year for the Canberra property sector with around one-third of suburb records breaking throughout 2017.
There were approximately 37 suburb records broken across all regions.
One of the most impressive record breakers was Isaacs which broke its suburb record by close to $1 million with the sale of 11 Story Place for $2.35 million.
The grand man…