Top Stories in Australian Home Ownership March 9, 2018

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

  • Canberrans acquiring mortgages at a higher rate than the rest of Oz
    Residents of the federal capital continue to take up new loans at a higher rate than the rest of the country, despite the record high house prices in the ACT, according to new research from the Real Estate Institute of Australia (REIA) and Adelaide Bank. The number of new loans in Canberra increased…
  • Mortgage customers are happier with smaller banks
    The mortgage customers of smaller banks were generally more satisfied than those of the Big Four. Bendigo Bank remains the top home-loan performer among the 10 largest banks, with a 91.8% satisfaction rating. In second place is ING (87.6% satisfaction rating), followed by Bank of Queensland…
  • Barefoot luxury: This family retreat in South Africa is designed for easy-living
    Pringle Bay may be less than an hour-and-a-halfs drive from Cape Town, but it could be a world apart. The combination of beach and riverside, and the distinctive fynbos-covered mountains and valley stretching in oranges, greens, yellows and browns as far as the eye can see, make it uniquely beautiful and give it a primal gravitas….
  • RBA: Australia's housing planning system hopelessly broken
    The RBA has released a research paper assessing the impact of restrictive zoning rules on Australian house prices, estimating that they represent a … Relative to our estimates of these costs, we find that, as of 2016, zoning raised detached house prices 73 per cent above marginal costs in Sydney,…
  • ACCC to deliver mortgage pricing inquiry report next week
    The competition watchdog is preparing to release a key report into home loan interest rates next week, when banks will also face their first round of public scrutiny from the royal commission. Among the many inquiries into banks, the Australian Competition and Consumer Commission has since last…
  • Canberrans acquiring mortgages at a higher rate than the rest of Oz
    The average loan in the federal capital now exceeds $300,000