Top Stories in Australian Home Ownership January 19, 2018

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

  • Positive sentiment in households with a mortgage rose in January
    The latest data from the Westpac Melbourne Institute Index of Consumer Sentiment shows that Aussies are feeling more confident about themselves. The headline Consumer Sentiment Index increased by 1.8% to 105.1, the highest recorded level since December 2013. A reading of 100 is considered…
  • HSBC Australia unveils lowest home loan rate
    In the effort to help homebuyers save money, HSBC Australia has launched a home loan rate of 3.59%, lowest amongst all national banks in Australia. The new rate is for HSBC Australia’s Home Value mortgage for owner-occupiers. This move followed a research by HSBC which revealed that while…
  • Softening prices in Sydney and Melbourne could be temporary
    For the average Joe, it’s wealthy foreign investors, many from the Asia-Pacific, driving up house prices. We see a lot of hostility to Chinese buyers, said Dallas Rogers, professor at the University of Sydney, who led an investigation into the link between Chinese property buyers and rising property values…
  • Asking rents for houses remain flat for Brisbane over December quarter: Domain Group
    It will take a large shift in Brisbanes housing marketif investors are to see any increase in rentsin the near future, experts say.
    It comes as the latest Domain Rental Reportshows rents were flat in Brisbane over the December quarter.
    The median asking rent for houses is still $400 a week, with no yearly or quarterly change. Units rents are now slightly weaker,at $370 a week, down from the same time last year, when landlords were asking $375.
  • HSBC Australia unveils lowest home loan rate
    The program is designed to help mortgage customers make the switch to a lower rate, allowing them to save money.
  • Positive sentiment in households with a mortgage rose in January
    The surge was bolstered by positive sentiment towards the labour market and economic outlook
  • Brokers hitting $1bn mark with bank
    HSBC sees a strong comeback to the mortgage market through Aussie’s broking network