Top Stories in Australian Home Ownership May 28, 2019

Today's trending stories in Australian home ownership and Home Loans. Proposed changes already stimulating property market Data suggests discussion around future measures leading to present confidence Brokerage launches new home loan range Products cater to borrowers locked out by tightening lending conditions Industry lauds appointment of Minister for Housing "As the biggest slowdown in the development of residential housing in our history threatens to see house prices skyrocket again as dem...
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Top Stories in Australian Home Ownership May 27, 2019

Today's trending stories in Australian home ownership and Home Loans. Couple blames $430000 loss on Westpac's 'irresponsible lending' ... Westpac Banking Corp for failing to assess their home loan applications properly after it underestimated their living expenses by $6570 a month. The $5 million-plus Toorak house set to be knocked down for apartments A $5 million-plus Toorak house is set to be knocked down for prestige apartments by a company linked to the original developer of...
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Top Stories in Australian Home Ownership May 26, 2019

Today's trending stories in Australian home ownership and Home Loans. Two Glebe families switch houses in rare neighbourhood sale No longer the realms of reality TV, two Sydney households have decided to swap homes. This time its permanent. Glebe resident Sophie Townsend had decided to downsize and put her Hereford Street home on the market, despite dreading the idea of an auction and the uncertainty of an imminent move. I hate this sort of stuff, Id been thinking of selling for quite some time...
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Top Stories in Australian Home Ownership May 25, 2019

Today's trending stories in Australian home ownership and Home Loans. Could The Lodge in Canberra ever go on the market? The White House. 10 Downing Street. The Lodge. One of these is not like the others. Of course, they are all homes for their respective countrys leaders but while two are easily recognisable, the Australian prime ministers home in the nations capital is hidden away and is much more modest. Also, for the better part of the last two decades, its not had a full-time resident. Pri...
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Top Stories in Australian Home Ownership May 24, 2019

Today's trending stories in Australian home ownership and Home Loans. The end is near for price declines — AMP "However, given still-high house prices and poor affordability, still very high debt levels, tighter lending standards, and rising unemployment, a quick... APRA's mortgage rules a big win for Western Australia buyers APRA's mortgage rules a big win for Western Australia buyers ... (APRA)'s proposals to ease serviceability rules for home loan applications, calling it ... were intr...
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Top Stories in Australian Home Ownership May 23, 2019

Today's trending stories in Australian home ownership and Home Loans. Brisbane’s cheapest suburbs by proximity to the CBD Brisbanes cheapest suburbs closest to the CBD have been revealed and if youre in the market for a house, you can still pick one up for under $500,000, less than 10 kilometres from the CBD. According to new data from Domain, there are still a number of sleeper suburbs close to the city centre that have median sale prices considerably less than their surrounding areas. Houses...
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Top Stories in Australian Home Ownership May 22, 2019

Today's trending stories in Australian home ownership and Home Loans. Banks Bounce As APRA Loosens Lending Reins However, banks have progressively tightened mortgage underwriting ... to contain surging house prices in Sydney and Melbourne especially which... APRA to banks: It's time to relax lending rules Under the previous requirements, a borrower gunning for a mortgage with an interest rate of 3.9% would be assessed to repay the mortgage at an... Spare Ryde from medium density housing ...
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Top Stories in Australian Home Ownership May 20, 2019

Today's trending stories in Australian home ownership and Home Loans. Two historic homes in Moonee Ponds on the market for more than $5 million each Moonee Ponds was famously home to Dame Edna Everage, but the family abode of Australias housewife wasnt one of the two historic manors now for sale in the suburb.... Scott Morrison is in the strongest position as any Liberal leader since John Howard ... something about turning around Australia's declining home ownership rates ... And there's nothi...
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Top Stories in Australian Home Ownership May 19, 2019

Today's trending stories in Australian home ownership and Home Loans. Historic Brighton house at risk of demolition, prompting neighbourhood campaign to save it If the pen really was mightier than the bulldozer blade, then the sheer charm of a journalist, radio script writer and designer of her own bayside house would probably guarantee the survival of a unique Brighton residence.... Move over Palm Beach, the Central Coast is stealing your top-end buyers Ahandful of Sydneys whos who have snapp...
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Top Stories in Australian Home Ownership May 18, 2019

Today's trending stories in Australian home ownership and Home Loans. Safe harbour: Why Docklands is weathering the property downturn Docklands has become a surprising safe harbourside for property buyers as Melbournes cooling market has battered property prices in many inner-city suburbs. Thesuburb derided over the years as a soulless place to live or a ghost town has seen prices in its apartment-dominated market remain steady, while others, such as neighbouring Melbourne, have had medians fal...
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Top Stories in Australian Home Ownership May 17, 2019

Today's trending stories in Australian home ownership and Home Loans. A flash of inspiration: The pyrotechnic artwork of Cai Guo-Qiang There are few people who will ever know what its like to live in a home designed by one of the worlds most famous architects, Frank Gehry. But one person who does is his friend, artist Cai Guo-Qiang.... The Canberra suburbs with the strongest house price growth over five years House prices in Canberras inner suburbs have jumped, in some cases by more than 50 pe...
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Top Stories in Australian Home Ownership May 16, 2019

Today's trending stories in Australian home ownership and Home Loans. Current regulations stifle competition amongst lenders, study finds Citing a 2015 study by the Reserve Bank of Australia, COBA said the average risk weight of residential mortgage exposures using the IRB method was... How will the price difference between capital cities and regions impact the new FHB policy? The typical Australian first home buyer $342,000 mortgage is around 25% ... Sydney established detached house prices s...
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Top Stories in Australian Home Ownership May 15, 2019

Today's trending stories in Australian home ownership and Home Loans. Broker plans to double customer base A mortgage broker has announced its plans to double its customer base in South Australia and the Northern Territory over the next three years. Will the new first-home buyer scheme raise mortgage rates? Some analysts fear that the government's new scheme aiming to help first-home buyers overcome the home-loan deposit will result in higher interest... WA urged to scrap stamp duty amid budg...
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Top Stories in Australian Home Ownership May 14, 2019

Today's trending stories in Australian home ownership and Home Loans. The Queensland towns that will remember their decimated house prices on election day The decimated property markets of Queenslands long-suffering regional towns could be a game-changing issue for locals heading in to the federal election, experts say. New data from Domain has revealed some of Queenslands most marginal seats Herbert, Flynn, Capricornia and Dawson are also the electorates where house prices have plummeted, wi...
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Top Stories in Australian Home Ownership May 13, 2019

Today's trending stories in Australian home ownership and Home Loans. Federal election 2019: Will Scott Morrison's first homebuyer plan seal the deal The remaining up to 15 per cent of their loan would be guaranteed by the government, saving buyers about $10,000 in lenders mortgage insurance. ... drivers to bring down house prices and get more first-time buyers into the market. How to pay less for your next home without negotiating Negotiating over the price is one of the most dreaded par...
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