Top Stories in Australian Home Ownership June 10, 2016

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

  • Brisbane auction sales double
    The number of properties sold by auction in Brisbane has more than doubled in recent years as sellers and buyers become more familiar with the sales method.
    Selling by auction has been far more popular in Sydney, and especially Melbourne, but numbers are growing in the Queensland capital.
    Historically, only a small percentage of Brisbane properties used this sales technique, but auction numbers started to increase from 2012.
    In the December 2015 quarter, Domain Group data…
  • Fears heritage laws will impact prices
    NEW state laws to protect Aboriginal heritage could push up house prices on the city fringe and in some regional areas, developers and consultants…
  • It's the rates sale of the century
    Home loan rates are falling, and experts tip more cuts are on the way. … Overall these low rates represent an incredible opportunity for mortgage…
  • CBA's carrot for investors
    … not loosening assessment criteria for property investors amid speculation … The CBA, Australia’s biggest bank, will cut rates on its Extra Home Loan to … As investor mortgage credit growth is tracking some way below regulators’…
  • CBA's carrot for investors
    … not loosening assessment criteria for property investors amid speculation … points on two key mortgage products pitched at investment property buyers. … The CBA, Australia’s biggest bank, will cut rates on its Extra Home Loan to…
  • Slowest annual house price growth in three years
    The REIA says property prices decreased in the first three months of the year resulting in the slowest annual growth in the past three years
  • AFG shuts down commission fears
    AFG has revealed extensive data to ASIC and brokers that shut down claims mortgage broker commissions are a form of conflicted remuneration
  • ME cuts variable rates by up to 40bps
    Superfund-owned lender ME has slashed home loan variable rates for new owner occupier and investment customers
  • Westpac to consider parental leave in mortgage applications
    Westpac Group, one of Australias major banks, has announced that it will now recognise parental leave when assessing the borrowing potential of new parents who are home loan borrowers.

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