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...
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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...
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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....
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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 ...
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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...
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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...
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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...
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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...
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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...
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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 ...
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Top Stories in Australian Home Ownership September 9, 2018

Today's trending stories in Australian home ownership and Home Loans. Allegations against Brett Gordon revealed for first time after financial planner took clients' super funds ... used it to buy his daughter a new car, reduce his massive credit card bill and pay down his girlfriend's mortgage. ... cards, bought a $15,000 Kia hatch for his daughter and put $55,000 on his girlfriend Heather Swift's home loan. How to play Melbourne's falling house price market House prices are falling ...
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Top Stories in Australian Home Ownership September 8, 2018

Today's trending stories in Australian home ownership and Home Loans. Calls for Victoria to introduce bidder registration at auctions Bidders at auctions should no longer be anonymous, according to a top Melbourne real estate agent, who says bidder registration would make auctions more transparent and deter dummy bidding. As the traditional spring property selling season gets underway, The Agencys Michael Paproth has called on the state government to follow the lead of NSW, Queensland and South...
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Top Stories in Australian Home Ownership September 7, 2018

Today's trending stories in Australian home ownership and Home Loans. CBA, ANZ hike mortgage rates On the other hand, CBA customers must keep in mind that the bank will be raising its variable home loan rates by 15 basis points on October 4. Long-term housing affordability poor Across the broad dwelling types, the ratio of house prices to household ... In June 2018, the repayment on an 80% LVR mortgage required 36.3% of... Banking royal commission: Mortgage lending gets clean-up The latest mo...
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Top Stories in Australian Home Ownership September 6, 2018

Today's trending stories in Australian home ownership and Home Loans. Why it makes sense for RBA to slash rates in its next move Westpac was the first big bank to raise mortgage rates. Suncorp and Adelaide Bank followed suit, raising rates on several of their mortgage products. Perth house designed to look like authentic period mansion lists for $8m+ We couldhave sworn from the facade of this ornate mansion in Peppermint Grove that it was a relic from Perths past. But such is Chantry Houses de...
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Top Stories in Australian Home Ownership September 5, 2018

Today's trending stories in Australian home ownership and Home Loans. Westpac to settle $35m fine for home loan breaches Acknowledging that it inaccurately took into account customers' living expenses during mortgage applications, Westpac Banking Corp. agreed to pay... Sydney's property listings hit highest level since 2008 ... before prices fall any further, especially in Sydney, where asking house prices are down 2.1% over the month to 4 September, Christopher said. Wesfarmers chairman...
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