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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Not buying into a Buyer’s Agent?

Buying a property can be a fun, exciting time. It can also be stressful and rife with anxiety and for good reason. Trawling through the internet to source properties that peak your interest, for some is real estate porn, for others it is time consuming and inevitably disappointing once you’ve seen the unedited properties in the flesh. The proximity to the train line noise, overlooking by the huge development at the rear or the minuscule proportions of the property can leave even the die hard ...
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Top Stories in Australian Home Ownership July 3, 2018

Today's trending stories in Australian home ownership and Home Loans. Lender unveils free annual fee on loan offering Doing the math, this means that borrowers will be saving $1,200 over a decade of home ownership. "Highly competitive rates and quality home loan... AirBnB pushes for 'bed tax', mobilises hosts to lobby govt Northgate mum-of-three Louise Gotting is letting out the flat under her home through AirBnB to help pay down the family mortgage. Picture: Annette... Lender boost...
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Top Stories in Australian Home Ownership July 2, 2018

Today's trending stories in Australian home ownership and Home Loans. Tighter lending standards badger home sales The availability of credit has tightened over the past 12 months with banks responding to the decline in house prices and the Banking Royal... Bank deposit cost rise tipped to spark mortgage hikes Bank deposit cost rise tipped to spark mortgage hikes ... news for savers and self fund retirees, but not such a good sign for home loan borrowers. Does stamp duty make housing unafforda...
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Top Stories in Australian Home Ownership July 1, 2018

Today's trending stories in Australian home ownership and Home Loans. 'Rent-vesting' not all it's cracked up to be It's often touted as the best of both worlds, allowing you to live where you want in a rental property, while someone else pays off the mortgage on your... How house prices and botched council amalgamations are driving racial segrgation SYDNEY is being locked into a future of ethnic ghettos because of the state government's botched council amalgamations and expensiv...
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Top Stories in Australian Home Ownership June 30, 2018

Today's trending stories in Australian home ownership and Home Loans. Bank extends fee waiver for low-rate mortgage Anyone who took out a $400,000 Basic Home Loan with a 30-year loan term would have to repay $1,830 per month and $658,742 over the life of the... Optus Stadium dominates WA Australian Institute of Architects Awards WAs leading architects were celebrated on Friday night at the Australian Institute of Architects 2018 WA Architecture Awards at St Georges Cathedral in Perth. The city...
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Top Stories in Australian Home Ownership June 29, 2018

Today's trending stories in Australian home ownership and Home Loans. Prison for property investor adviser The woman helped clients deal with their SMSFs in relation to property investments Natural materials take centre stage for a modern luxe look at Taylor Pressly A stripped-back palette of natural materials featuring concrete, timber and brass creates a sleekly modern look in the luxurious home pictured on these pages. It is a distinctive aesthetic that earned Melbourne-based architect Tayl...
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Top Stories in Australian Home Ownership June 28, 2018

Today's trending stories in Australian home ownership and Home Loans. ANZ owns up to unethical and unfair practices ... was that of 87-year-old Charlie Phillott, who was forced by ANZ to leave his property in Queensland despite not missing a mortgage repayment. Most millennials plan to use savings to buy homes A lot of millennial Australians are now more focussed on saving for a property, new data from Westpac showed. According to the bank, roughly 70% of... Home ownership 'increasingly ...
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Top Stories in Australian Home Ownership June 27, 2018

Today's trending stories in Australian home ownership and Home Loans. P2P lender joins new broker panel Brokers will now be able to offer the lender's green loan products to clients Small Australian banks are raising mortgage rates. Will the big four follow? Small Australian banks are raising mortgage rates. ... The Bank of Queensland announced on Monday it would raise mortgage rates ... Monday that it would increase variable home loan rates for owner occupiers by 0.09 per ... Worst result for...
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Top Stories in Australian Home Ownership June 26, 2018

Today's trending stories in Australian home ownership and Home Loans. Auswide unveils new rates for home loans Non-major lender Auswide Bank has announced several changes to the interest rates of its home loan offerings. In a statement, Auswide said the... Winter blues can't bring auction rates down The cold hasn't seemed to bother property auctions across capital cities, as preliminary figures point to an improvement in clearance rates over the... ‘The new State High’: Parents vying for...
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Top Stories in Australian Home Ownership June 25, 2018

Today's trending stories in Australian home ownership and Home Loans. Australia's house prices to remain flat over 2018-19 financial year, BIS Oxford Economics report tips House prices across the country will remain flat over the coming financial year, with some markets tipped to dip into decline, according to a leading... Slowdown in house prices expected to continue until 2021: BIS Oxford Economics The slowdown in house prices is expected to continue until 2021, with Sydney emerging as ...
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Top Stories in Australian Home Ownership June 23, 2018

Today's trending stories in Australian home ownership and Home Loans. Bank staff to help with home loans The move comes as the lender changes its remuneration structure for frontline staff Investors facing the end of interest-only home loan periods a risk to housing market THE risk of stressed selling in the housing market is growing as an increasing number of property investors are forced to start repaying the principal... Banks hike home loan rates Two lenders have announced rate changes on...
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