Top Stories in Australian Home Ownership September 1, 2016

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

  • Why celebrities love the villas on Bali’s Bukit Peninsula
    Justin Bieber finished mastering one of his albums in a prestigiousvilla with private studios on BalisBukit Peninsula.
    The Spice Girls threw a wild party ata villain the Four Seasons at nearby Jimbaran.Julio Iglesias is a regular. Insiders sayevenBarbra Streisandand the lateWhitney Houston hadluxe hideaway retreats on the Bukit.
    Our feature property, Villa Tamarama, also has celebrity status,…
  • Next Generation $5 Banknote Enters Circulation
    Media Release Number 2016-20: Australia’s new $5 banknote enters circulation today. Issuance is being supported by an information campaign to ensure that the Australian public is able to identify the new banknote and its security features.
  • 7 hidden property investment costs
    One strategy we recommend is keeping some funds in an offset account against your mortgage. This will provide you with extra cash that is easily…
  • 7 hidden property investment costs
    You can also look at fixing all (or part of) your mortgage for a certain length of time if you would like more certainty around your investment expenses…
  • Bank slashes home loan rates
    A non-major lender has launched a special discounted variable home loan … if not superior, home loan offer compared to our competitors, he said.
  • Mortgage stress high, despite low interest rates
    New research shows that around 18.4% of Australian households are under mortgage stress.
  • Homes more affordable now than 20 years ago
    Home buyers today are paying more for their homes, but are paying less interest on their mortgage compared to borrowers over two decades ago.
  • Eight in 10 get better home loan rate – by asking
    Around 82% of borrowers who asked their bank for a better rate on their mortgage were granted their preferred interest rate, according to new research.
  • Broker loans up 25%: APRA
    New residential home loans originated through the third party channel increased by 25% in the quarter to June 2016, according to APRA statistics
  • Baby boomers to drive reverse mortgage surge
    Brokers are expected to double the amount of reverse mortgages they write over the next decade as a result of Australias ageing population