Top Stories in Australian Home Ownership October 2, 2018

Today's trending stories in Australian home ownership and Home Loans. Canberra home values increase slightly as Sydney and Melbourne drop Every other capital recorded a drop in house prices, with Sydney recording a 6.1 ... "Our view is that house prices may eventually fall by 12 per cent, which ... cent for owner occupiers and by about 20 per cent for property investors. Victorian state election 2018: What’s been promised for housing and liveability Victorias state election is only weeks away ...
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Top Stories in Australian Home Ownership October 1, 2018

Today's trending stories in Australian home ownership and Home Loans. Grand Finals keep auction clearances in the shade ''We continue to expect the introduction of debt-to-income ratio limits to see credit availability reduced further and house prices to fall 5 per cent-plus.''. Tighter credit standards will push house prices lower, say economists Stricter lending requirements are set to push Australia house prices down further, with some economists not ruling out further credit tightening in ...
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Top Stories in Australian Home Ownership September 30, 2018

Today's trending stories in Australian home ownership and Home Loans. Mortgage broker fees making home loans riskier, Royal Commission finds Mortgage brokers have pushed back against a proposal to ban ... The report also raises whether home loan brokers, who typically earn about $3500... The Sydney postcodes vulnerable to further significant price falls House prices in these suburbs have fallen by 12 per cent, on average, over ... postcode with a mortgage to produce its Boom and Doom Property ...
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Top Stories in Australian Home Ownership September 29, 2018

Today's trending stories in Australian home ownership and Home Loans. Cash rate warnings to mortgage holders The reserve bank is due to make its October decision on the cash rate Cash rate warnings to mortgage holders With official interest rates likely to remain on hold when the Reserve Bank of Australia (RBA) meets on Tuesday, RBA governor Philip Lowe has... Housing market stays on skids after falling for 12 month in a row Australian house prices have fallen for the 12th month in a row weig...
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Top Stories in Australian Home Ownership September 28, 2018

Today's trending stories in Australian home ownership and Home Loans. Box Hill lives up to second CBD title, remains insulated from the market at large While Melbournes property market continues to slide, one bustling pocket in the eastern suburbs is defying the downturn. Touted as aquasi Hong Kong, agents say Box Hill has been saved by strong interest from overseas and local buyers, despite figures showing Chinese investment in Australian real estate had plummeted. ... Australians are becomin...
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Top Stories in Australian Home Ownership September 27, 2018

Today's trending stories in Australian home ownership and Home Loans. Bank to improve home loans after strong year The lender saw its home loan portfolio grow 1.3 times the industry average The number one sign there’s something wrong with your compost and how to fix it Healthy compost heaps shouldnt smell bad, and they most certainly shouldnt provoke a full hazmat reaction as happened at two New Zealand schools on Friday. There, more than 100 students and teachers were put through a decontamin...
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Top Stories in Australian Home Ownership September 26, 2018

Today's trending stories in Australian home ownership and Home Loans. Home owners in mortgage “burden” New research shows borrowers feel home loans limit their lifestyle Real Estate Institute of New South Wales blasts Fair Trading in resignation letter A rift has emerged between NSWs most influential property body and the state government, amid accusations advice from industry experts was routinely ignored. The Real Estate Institute of New South Wales has blasted NSW Fair Trading and resigned ...
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Top Stories in Australian Home Ownership September 25, 2018

Today's trending stories in Australian home ownership and Home Loans. Should Australians fear the projected housing slump? "Investors are already being disincentivised by falling prices, mortgage rate premiums and low rental yields; additional disincentives from tax reform... Is Westpac trying to get rid of risky investors? Kumar claimed he has seen the letter, which was sent to property investors. Digital Finance Analytics principal Martin North has also been in touch... ‘Tassie is so hot ri...
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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.....
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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...
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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...
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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...
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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...
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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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