Top Stories in Australian Home Ownership September 24, 2018

Today's trending stories in Australian home ownership and Home Loans. Fitzroy terrace soars $340,000 above reserve in Melbourne’s ‘Super Saturday’ of auctions A terrace house in Fitzroy soared $340,000 above reserve on Saturday as property sales in the inner suburbs got a shot in the arm from a surge in auction listings. The renovated Italianate balcony terrace, at 32 Gore Street, was quoted at $3.2 million to $3.5 million and had a reserve of $3.4 million. But spirited bidding from two parti.....
More

Top Stories in Australian Home Ownership September 23, 2018

Today's trending stories in Australian home ownership and Home Loans. Five reasons why Aussie house prices won't crash by 40 per cent THEY'RE ba-ack! Property price doomsayers have returned to TV screens, last week warning of a 40 per cent tumble in Aussie home values next year. Regional Australia Institute analysis promotes move to regional areas with higher disposable ... The differential in house prices means that in practical terms, disposable income is likely to be equivalent or high...
More

Top Stories in Australian Home Ownership September 22, 2018

Today's trending stories in Australian home ownership and Home Loans. When and where in Melbourne you’re likely to sell best at auction Of all the properties up for auction this week, Elsternwick residents Steve and Megan Scott have the best chance of finding a buyer. The couple own a two bedroom, one bathroom unit with two car parks on Brighton Road, toward the edge of Melbournes inner south. Because they decided to sell on a Sunday rather than a Saturday, theyve given ... When and where in...
More

Top Stories in Australian Home Ownership September 21, 2018

Today's trending stories in Australian home ownership and Home Loans. Warning to SMEs as house prices drop The decline in property values and mortgage stress could be dangerous for small business owners Paul Espie offers up Darling Point trophy home for $25m to $30m to go farming Paul and Roslyn Espie are selling their home Callooa in Darling Point. Photo: Supplied Prominent investment banker Paul Espie and his wife, Roslyn, are set to part with their Victorian Gothic-style trophy ho...
More

Top Stories in Australian Home Ownership September 20, 2018

Today's trending stories in Australian home ownership and Home Loans. Make your property spring-ready with these tips The Spring selling season is here, and it is one of the busiest times in the housing market. As competition heats up, it pays to know things that can help... Banks are barking up the wrong tree by raising rates Higher funding costs have led to three of the four major banks and other lenders to raise their mortgage rates, much to the disappointment of home... Do borrowers still...
More

Top Stories in Australian Home Ownership September 19, 2018

Today's trending stories in Australian home ownership and Home Loans. Residential property prices dropped 0.7% in June The Australian Bureau of Statistics (ABS) announced on Tuesday that residential property prices dropped 0.7% during the period, and Australia's two... Broker guarantee campaign launches A mortgage brokerage has launched a new marketing campaign backing its more ... when you are talking about a big commitment like a home loan. Specialist lender launches paperless documents Cus...
More

Top Stories in Australian Home Ownership September 18, 2018

Today's trending stories in Australian home ownership and Home Loans. Aussies seen to abandon variable rate home loans soon The state saw 87.21% of its borrowers preferring this type of home loan. ... Australia, where 86.68% of borrowers chose a variable rate mortgage. Calls for mandatory reverse mortgage training An industry association is calling for mandatory training for brokers offering reverse mortgages Calls for mandatory reverse mortgage training Following a recent ASIC report on reve...
More

Top Stories in Australian Home Ownership September 17, 2018

Today's trending stories in Australian home ownership and Home Loans. Sydney property owners willing to negotiate to get sales across the line Sydney property vendors trimmed their sails at several auctions on Saturday, accepting below-reserve prices to get transactions across the line. The citys weekend auction clearance rate sank below 55 per cent, and real estate agents described property owners as pliable and willing to negotiate long settlement terms and results acceptable to both parties....
More

Top Stories in Australian Home Ownership September 16, 2018

Today's trending stories in Australian home ownership and Home Loans. Canberra’s top real estate agents recognised at REIACT awards for Excellence Canberras top real estate agents gathered at QT on Saturday for the annual Real Estate Institute of the ACT Awards for Excellence gala dinner. Our annual awards are a chance to reflect on the contribution the real estate sector makes to the ACT, and the professionalism and dedication of all the businesses and individuals working in this field, said ...
More

Top Stories in Australian Home Ownership September 15, 2018

Today's trending stories in Australian home ownership and Home Loans. Home loan products rated on Canstar There were more than 3000 home loans that met the rating eligibility criteria Hordern family sell Bellevue Hill heirloom for $21m to their Baillieu relatives A historic Bellevue Hill mansion owned by the Hordern retail dynasty since it was built in 1934 will stayin the family after it was bought by their Melbourne-born relatives, the Baillieus. Marshall Baillieu, chief executive of investm...
More

Top Stories in Australian Home Ownership September 14, 2018

Today's trending stories in Australian home ownership and Home Loans. Mortgage rate hikes are making Aussie households gloomy The recent out-of-cycle mortgage hikes by some of the biggest lenders have dampened the spirits of Australian households, according to a new survey... RBA flags risks of skyrocketing debt While arrears rates on mortgage loans remained at low levels, Bullock said households would struggle to meet repayments if a sudden economic... Broker market rises at CUA The broker c...
More

Top Stories in Australian Home Ownership September 13, 2018

Today's trending stories in Australian home ownership and Home Loans. Streets with better names: Melbourne’s most creative Whats in a street name? Up to $140,000 difference in median property valueif you look at the research released late last year.... Owners of NSW apartments with combustible cladding may need second mortgage for repairs Apartment owners in the 435 NSW buildingsidentified to have been built with potentially high-riskcombustible cladding may have to take out new mortgages to r...
More

Top Stories in Australian Home Ownership September 12, 2018

Today's trending stories in Australian home ownership and Home Loans. Aussie borrowers: Brace for more mortgage rate hikes Three of the Big Four CBA, ANZ, and Westpac have already raised their mortgage rates together with other smaller lenders in an out-of-cycle hike,... Record non-major mortgage market share The new figures also show Victoria has outpaced NSW in total volume of mortgages lodged How the new Brisbane State High School catchment will affect property prices Changes made to Bri...
More

Top Stories in Australian Home Ownership September 11, 2018

Today's trending stories in Australian home ownership and Home Loans. HSBC expands mortgage broking network Smartline customers who will be availing HSBC's home loan packages will be given access to HSBC Premier, the bank's premium banking and wealth... NAB refuses to change its mortgage rates If NAB had increased its SVR by 15 basis points, the average home loan customer with a $300,000 loan would have paid an extra $28 each month,... Australian home loan demand rises Home loan demand rose s...
More

Top Stories in Australian Home Ownership September 10, 2018

Today's trending stories in Australian home ownership and Home Loans. The Mackay suburb where house prices have jumped 13% THE Mackay property market is continuing to recover with new figures revealing reasonable house price growth in the past year. The latest Real... Will higher mortgage rates prolong housing market slowdown? The decision of Australia's three biggest banks to hike mortgage rates has been populating the headlines recently. Beyond the impact of this news on... Crypto more and ...
More