Top Stories in Australian Home Ownership December 20, 2016

Today’s trending stories in Australian home ownership and Home Loans.

  • enters home loan market, backed by NAB
    In an attempt to grab a slice of Australia’s $400 billion mortgage market, the online property portal has entered into a five year strategic partnership…
  • Regional bank raises variable rates by 0.15%
    The Bank of Queensland (BOQ) today announced it will increase interest rates to most variable home loan products by 0.15% per annum.
  • Regional bank raises variable rates by 0.15%
    The bank has announced an increase on variable rates for most of its home loan products
  • Macquarie lifts price targets for big four banks
    … have moved almost in tandem to raise rates for property investors over the past fortnight. Commonwealth Bank lifted its standard variable investment home loan rate by … suggests that profitability across the mortgage book has improved materially in recent months, Macquarie analysts wrote in a note.
  • Melbourne auction market ends with record bang
    The Melbourne weekend auction market has ended the year with yet another strong result for sellers despite an unprecedented end of year deluge of listings.
    Melbourne recorded a clearance rate of 77.3 percent at the weekend which, although lower than the previous weekends 80.1 percent, remained clearly higher than the 68.9 percent recorded over the same weekend last year.
    Saturdays strong result was particularly noteworthy given the record number of final weekend auctions …
  • Sydney auction market ends year on record high
    Sydney auction market finishes year on a record high
    Sydneys weekend auction market has finished a strong year for sellers with a record number of sales for a final December Saturday.
    Sydney recorded a clearance rate of 71.4 percent on Saturday which was well below the 76.2 percent reported the previous weekend but significantly higher than the 61.4 percent recorded over the same weekend last year.
    Although Saturdays clearance rate was the …
  • Hayden steps into new COO role
    The MFAA’s former CEO has now joined the executive team of a leading home loan marketplace