Today’s trending stories in Australian home ownership and Home Loans.
- Non-major scraps IO owner occupied fixed rate loans
The bank has also made a number of changes to its fixed interest rates for owner occupied and investment mortgages
- Household debt-to-income ratio balloons as Australian incomes consumed by large mortgages, high rent
- Toorak mansion demolished but 18 months on, the site is an ‘ugly paddock’
Kew mansion demolished, block listed atalmost double price
Residents furious as $18.5m mansion torn down