Today’s trending stories in Australian home ownership and Home Loans.
- LJ Hooker franchise collapse: what happened and what’s next?
What has happened?
Six MelbourneLJ Hooker offices have suddenly collapsed in late April, withmillions of dollarsmissing from a franchisees trust account (a holding account for deposits, bonds and rent).
About 110 home owners, landlordsand tenants have been affected by the closure of theGlen Waverley franchise and itsassociated branches in Keysborough, Mount Waverley, Burwood, Doncaster and Box Hill.
- Budget 2016: trifecta keeps house prices safe
Price growth across Australia’s $6 trillion housing market will be stoked by the trifecta of this week’s interest rate cut and the budget double that left the…
- Buy-to-let mortgage lender Charter Court's sale abandoned – sources
(Reuters) – An attempt by Charter Court Financial Services’ controlling shareholder to sell the buy-to-let mortgage lender has been abandoned as…
- ANZ plays scrooge on customers by failing to pass on the interest rate in full
ANZ’s stinginess in failing to pass on the latest rate cut to home loan … Mortgage Choice spokeswoman Jessica Darnbrough urged home loans…
- ANZ saves $80 million from partial RBA rate cut
… also cutting home loan rates by a smaller amount than the Reserve Bank. … passing on part of the cut in official interest rates to mortgage customers.
- Borrowers pay the price for "set and forget" loan choices
Now more than ever, borrowers should be making sure they are on top of the details of their mortgage
- Construction industry should benefit from Budget 2016
While last nights Budget was anything but revolutionary, with little to affect property investors and the world of real estate, one sector that will benefit, according to Master Builders Australia, is construction.
- Movers and shakers after rate cut
The big four banks have all made announcements that theyll cut variable home loan rates following yesterdays RBA announcement
- Lending to asset-rich, income-poor leading to housing fall
Analysts say that the housing market is under threat from banks that lend to borrowers with high assets on low incomes, who may have to flip their properties to meet repayments
- House prices rise as investors make a comeback
CoreLogic data shows that house prices fell in April, thanks in part to the return of investors, say analysts
- Buying in Adelaide? You'll need a bigger mortgage
Adelaide was proclaimed as the best-performing capital city in terms of dwelling values by CoreLogics Hedonic Home Value Index.