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 their lending conditions which have further constrained the…
- Bank raises loan rates for existing homeowners
… occupier variable home loan customers will see a 0.10% rate increase. … and other lending institutions will eventually raise their mortgage rates.
- How build-to-rent could solve Australia’s housing woes as first developments near
The answer to Australian cities housing affordability woes is coming, a leadingproperty expert says.
Under the build-to-rent model, investors team with developers and governments to build high-quality apartments at a large scale, solely for the purpose of renting them out at an affordable price.
UK-based Places for People build-to-rent fund director Alexandra Notayhas brought her expertise to Australia, in an effort to educate the loca…
- Locked out: It's all gone horribly wrong for generation rent
A cooling market may be leaving mortgage-holders in a lather about interest rates, but at the bottom of the housing ladder, nothing’s changed for some…
- It’s not just Millennials, I’m a Gen X and don’t want to own a home either
Its come as a big surprise to our family and friends that we no longer want to own a home.
After renovating and selling two homes, weve decided that we dont want to be beholden to a mortgage anymore. Instead, weve chosen to rent a home for our family of five.
Weve now joined a large chunk of Millennials, and Generation Xers, whove chosen this path, as house prices continue to surge throughout the country.
Like us, many people are …
- Statement by Philip Lowe, Governor: Monetary Policy Decision
At its meeting today, the Board decided to leave the cash rate unchanged at 1.50 per cent.