Top Stories in Australian Home Ownership November 1, 2017

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

  • Industry needs to strike a balance with compliance
    When Anthony Knight, principal at Mortgage Choice in Erina, started as a mortgage broker 20 years ago, an average residential loan application took…
  • First-home buyers in NSW are shopping around
    This was up from a recent NSW low of 7.5% in February 2017, when ballooning house prices had reduced affordability for first-home buyers.
  • Home loans break billion dollar barrier
    This was well above the rate of growth in investment lending, and above the entire mortgage system growth of 0.3 per cent during the month.
  • Sydney's cooling house prices may lead to interest rate cuts
    Sydney’s rapidly cooling house prices and the sudden withdrawal of Chinese investors from the real estate market may lead the central bank to cut…
  • Man fined $20,000 for demolition of 1870s Bendigo house in contravention of heritage overlay
    A manwho demolished a circa-1870s weatherboard house near the Bendigo hospital in violation of a council heritage overlay has been convicted and fined $20,000 plus court costs.
    The Arnold Street house was considered one of the oldest houses in the historic Drought Street precinct, which was placed under a heritage overlay due to its examples of Victorian, Edwardian and inter-war housing.
    Andrew Hipwell, of Bendigo, pleaded guilty in the Bendigo Magistrates&rs…
  • Tiny houses to go under the hammer in Melbourne for the first time
    Two tiny homes will go under the hammer in Melbourne this month the first auction of its kind.
    It will be a big test for tiny houses, an emergingsector of the property market. As the small-scale living movement continues to gain traction in Australia, morebuilders and manufacturers are jumping on the bandwagon.
    Father and sonduo Paul and Indi Hanganhave worked in construction for years but enteredthe tiny house industr…
  • Geelong: If you’ve come from Melbourne’s cool, will you be happy here?
    We are Geelong, the greatest team of all You dont expect to hear the local football clubs theme song in October, let alone at Costa Hall Deakin Universitys concert hall on the waterfront. But when local singer Manfred Pohlenz morphs from the original Toreador Song from Georges Bizets opera Carmen into We are Geelong, footy scarf aloft, no ones surprised. Hes backed by the two-year-old Geelong Symphony Orchestra,…
  • Sydney’s cooling house prices may lead to interest rate cuts
    The market is feeling the impact of dwindling Chinese capital flows, according to Credit Suisse
  • Specialist lender raises maximum LVR
    The policy change comes after a partnership with the lender and a property analyst created greater lending confidence

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