Top Stories in Australian Home Ownership September 2, 2016

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

  • Mortgage misunderstanding costs homeowners
    People could be missing out on a better home loan deal because they don’t know how to correctly compare different loans, a survey has found.
  • Mortgage misunderstanding costs homeowners
    People shopping around for home loans could be missing out on the best deal because they don’t understand or don’t even know about a key…
  • US average 30-year mortgage rate rises
    Long-term US mortgage rates rose this week amid expectations in financial markets that an increase in interest rates by the Federal Reserve may be…
  • Cities outstrip regions as house prices rise
    Australia’s capital city property prices are outpacing regional areas, despite showing some signs of softness as data shows that home values rose by…
  • Former Rugby Union chief Gary Flowers launches spring with his $10m Manly trophy
    Former Rugby Union chief Gary Flowers and kidney specialist Professor Carol Pollock are kicking off this weekends start to the spring selling season with a preliminary ask of $10 million for their Mediterranean-style home on Manlys Fairy Bower….
  • Melbourne auction market could be bolstered by AFL’s bye round
    If there are a few extra people milling about the auction circuit this weekend, it may be because theyve hung up their footy scarves to partake in Melbournes other favourite sport: real estate.
    As AFL fans endure the controversial first pre-finals bye round, property pundits will be watching to see if punters instead turn their attention to the auction arena, with one less distraction from the spring market.
    Steve Franklin and husband Rommel Canoy are hoping the by…
  • Survey of Foreign Exchange and Derivatives Markets
    Media Release Number 2016-21: In April 2016, the Reserve Bank conducted a survey of activity in foreign exchange and over-the-counter (OTC) interest rate derivatives markets in Australia. This was part of a global survey of 52 countries, coordinated by the Bank for International Settlements (BIS). Similar surveys have been conducted every three years since 1986.
  • Fintech surpasses $100 million in home loans
    An online home loan auction platform has auctioned off more than $100 million worth of home loans on its platform since its inception earlier this year
  • APRA has no plans to further tighten investor cap
    The Australian Prudential Regulation Authority does not plan to further tighten the current 10% cap on property investment lending.

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