Top Stories in Australian Home Ownership July 17, 2018

Today's trending stories in Australian home ownership and Home Loans. Australian housing finance saw brief uptick last quarter Business Insider Australia reported that there was no sign of a credit crunch in Australian home loan lending in May, based on Australian Bureau of... More banks increase rates Four banks have new variable or fixed interest rates for home loan customers Big banks slash honeymoon rates on home loan offerings In a bid to win back borrowers and drive growth in the sluggi...
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Top Stories in Australian Home Ownership July 16, 2018

Today's trending stories in Australian home ownership and Home Loans. Queensland is the next property hotspot, experts say According to the survey, industry experts project house prices in ... For instance, the bank expects house prices to remain flat in Brisbane over the next... ‘Demoralising and humiliating’: More older Australians falling into homelessness Thousands of older Australians are being forced to choose between buying groceries, medication or paying their rent, experts say. Leadin...
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Top Stories in Australian Home Ownership July 15, 2018

Today's trending stories in Australian home ownership and Home Loans. Geoff Ainsworth, son of pokie king, doubles his Palm Beach holding with $16.1 million spree In high-end real estate circles it is no secret that the best buyers are usually the neighbours. Take the latest purchase by Geoff Ainsworth, eldest son of pokie tycoon Len Ainsworth, and his poet wife Johanna Featherstone, who havedoubled the size of their Palm Beach getaway just a few months after they bought into the luxury holiday ...
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Top Stories in Australian Home Ownership July 14, 2018

Today's trending stories in Australian home ownership and Home Loans. Morgan Stanley shows house prices will continue to tumble House prices in Australia have now been falling for nine consecutive months, ... Earlier this month, Deloitte's annual Mortgage Report made similar... Property investors must be aware of big changes to tax depreciation However, it is important to remember there are still plenty of valuable depreciation deductions available for property investors. As a building gets ol...
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Top Stories in Australian Home Ownership July 13, 2018

Today's trending stories in Australian home ownership and Home Loans. Architecture without ego: An off-the-grid cabin on a generations-old property From a distance, I dont know what to make of the pair of buildings on the ridge? Before I decide, Im down the sweeping driveway that Antony Martin designed to wander the rolling landscape along the desire line the natural path youd take in from the entry gate?... AMP Bank hikes home loan rates as eyes turn to the big four AMP has hit its home loan...
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Top Stories in Australian Home Ownership July 12, 2018

Today's trending stories in Australian home ownership and Home Loans. Macquarie rate hike may lead other banks to follow suit Although the Reserve Bank of Australia did not raise its rate last week, Macquarie pushed through with its own hike and said that its mortgage rates... Heritage bank allows borrowers to fast-track loan applications Toowoomba-based regional lender Heritage Bank unveiled its newest offering for borrowers: It will expedite the approval of home loan applications... Is Bris...
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Top Stories in Australian Home Ownership July 11, 2018

Today's trending stories in Australian home ownership and Home Loans. Regional bank announces 24 hour approvals In the lender's trial, the fastest home loan was approved in just 90 minutes ‘Never a dull moment’: The family living on a boat in the Mediterranean Sea While most of us are rugged up against winters chill, Karen Casley is island hopping in the Mediterranean sunshine with her husband Toby and their three sons. Theyve just sailed their boat to the Greek islands of Lefkada and Kefaloni...
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Top Stories in Australian Home Ownership July 10, 2018

Today's trending stories in Australian home ownership and Home Loans. Tight mortgage regulations need revising, analyst says Online mortgage marketplace HashChing recently urged Australian banks to find a middle ground when approving customers' loans. Lending... Which state has the most affordable suburbs for property buyers? For property buyers looking for best deals, Victoria is the place to be as it houses the most affordable suburbs across Australia. According to a recent... Shadow banks ...
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Top Stories in Australian Home Ownership July 9, 2018

Today's trending stories in Australian home ownership and Home Loans. Slow wage growth and high home prices force children to stay at home with their parents Recent economic conditions have given rise to generation rent or boomerang kids, as slow wage growth, high house prices, and skyrocketing living... Developer Growland unveils plans for luxury St Kilda Road apartments featuring ‘sky garage’ A new high-endapartment development in Melbourne will feature fingerprint recognition software and a...
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Top Stories in Australian Home Ownership July 8, 2018

Today's trending stories in Australian home ownership and Home Loans. Purplebricks flat-fee agency model leaves agents ‘living month to month’ By the end of 2016Sydneyhouse prices had grown more than 10 per cent in a year. Saturday auctions across the city were turning into live theatre, crowds watching on as buyers pushed prices up hundreds of thousands of dollars above reserve for fear of missing out. The market was hot and a UK-based flat-fee agency model calledPurplebricksmade its move. Its...
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Top Stories in Australian Home Ownership July 7, 2018

Today's trending stories in Australian home ownership and Home Loans. Brokers can help educated first home buyers A lender in South Australia has highlighted the opportunities as part of its graduate home loan Super funds: Don't be fooled by risky 'cash' products ... see a recent piece in The Australian exposing the practice of classifying asset-backed and mortgage-backed securities, commercial bonds, hybrids,... Property price slide eroding five-year wealth effect The reversal...
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Top Stories in Australian Home Ownership July 6, 2018

Today's trending stories in Australian home ownership and Home Loans. Commercial lending masterclass is "unique" The day will explain exactly how mortgage brokers can use their position in talking about home loans to further ask questions about their customers'... Buyers head to brokers in difficult market However, with the growth in house prices, especially in metropolitan areas, the dream is ... Other ways Australians say they are securing property is by paying Lenders Mortgage Ins...
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Top Stories in Australian Home Ownership July 5, 2018

Today's trending stories in Australian home ownership and Home Loans. CBA will discontinue low doc mortgage products As part of its efforts to overhaul its mortgage offerings, the Commonwealth Bank (CBA) announced that it will be withdrawing low documentation loan... Soaring funding costs to compel banks to raise home loan rates Citi said short-term bank funding costs have jumped to roughly 60 basis points, increasing funding of mortgage portfolios. This is around three times... Is the Austra...
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Top Stories in Australian Home Ownership July 4, 2018

Today's trending stories in Australian home ownership and Home Loans. UBS wary of Macquarie Bank's investor loan push Macquarie Group's banking arm has stepped up its aggressive lending to property investors in a move that will be ... We believe the banks will be eager to pass (higher funding costs) on to customers via mortgage repricing, he said. What does population have to do with housing approvals? Falling house prices in metropolitan areas have also contributed to banks tightening th...
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6 practical ways to help your kids enter the property market SUCCESSFULLY

I’m not going to bore you by explaining how difficult it is for young people to enter the property market, this has been hashed out time and time again. What I will do is give you practical ways to assist your adult kids to take the next step and enter the property market. Limited Security Guarantee If your kids have managed to save enough to even consider starting the look at property, but not quite the full 20% deposit to avoid paying Lenders Mortgage Insurance (LMI), there is a way to e...
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