Today’s trending stories in Australian home ownership and Home Loans.
- The Block 2017: Six easy ways to update your house’s exterior
A beautiful exterior can transform any property into a welcoming family home. A home will stop me in my tracks if it demonstrates a beautiful balance of materials, proportions and a complementary garden, says Sally Satriani from Beautiful Home Renovations….
- BIS: Australia's 55-year housing bull market longest in the world
The Bank for International Settlements (BIS) has released a new working paper, entitled Interest rates and house prices in the United States and…
- When foe becomes friend
The introduction of a wider range of mortgage products, partly in response to prudential regulations, has increased … While household debt levels, elevated house prices and subdued income growth are well known, these findings…
- Banks face margin squeeze as borrowers forced out of interest-only loans
Westpac is most exposed to mortgage borrowers moving to pay down principal, but its still Morgan Stanley’s most favoured major bank stock. Nicolas…
- What Melbourne’s median house price will buy you around Australia
Melbournes median house price has hit $880,000 but that amount will barely get you a look in when it comes to buying a home in its A-grade suburbs. So what else would thatprice get you in other major Australian hubs?…
- The infrastructure ‘mini boom’ coming to the rescue as property eases
The Australian economy is in the process of exchanging its auction gavel for a hard hat as the housing boom gives way for a new mini boom infrastructure investment.
The federal and state governments will combine to spend around $323 billion over the next four years on planning and building major infrastructure projects, according to Macquarie analysts, which will provide timely support for the economy as housing fades.
The mini boom is also &l…
- 8% of mortgage holders have little equity in their homes
Such households are at risk if they have to sell or prices drop, according to Roy Morgan Research
- Singer Jennifer Lopez lists Manhattan penthouse for $34 million
Jennifer Lopez has put her penthouse apartment in Manhattans Flatiron District on the market forUS$26.9million($34.15 million).
Located in a Georgian-style building overlooking Madison Square Park, the two-storey condominium apartment hasfour bedrooms and six bathrooms spread across 580 square metres.
The home also features 278 square metres of private …
- Brokers writing fewer IO loans
The CEO of one mortgage franchise has rejected claims that brokers are bringing in higher volumes of interest only loans