Today’s trending stories in Australian home ownership and Home Loans.
- Melbourne property prices: 12,000 families now live in Melbourne high-rises
Twelve-year-old Caden Beck grew up in a big house in the English countryside. But his mother opted for a very different lifestyle when they moved to Melbourne two years ago: a two-bedroom apartment.
I didnt know if we were going to be on top of each other because we did have quite a big house in the UK, Cadens mother, Nadine Bygotte, said. But its worked out really well.
The single mother was drawn to South Yarra because it was cl…
- Higher mortgage rates and living costs a 'deadly combination' for households
THE number of Australian households under mortgage stress has continued … is not enough to cover ongoing living costs and home loan repayments.
- Low interest rates create a financial timebomb
we budget for $500 a week for the mortgage, instead of $700. … And that’s with record low interest rates and an average mortgage rate of about 4.5…
- Urban House Price Growth Reaches Three-Year High
Australian house prices have made a notable increase in the past six … lenders have increased mortgage rates for investor and interest-only loans,…