Today’s trending stories in Australian home ownership and Home Loans.
- Bank to offer "express" loans
A digital home loan platform has joined with a bank to offer fast loans
- Andrew ‘Twiggy’ Forrest buys $16m house in rich-list heartland of Point Piper
Perth-based billionaire Andrew Twiggy Forrest already owns a crashpad in Sydney but has upgraded his local accommodation options by buying a modernist waterfront residence for more than $16 million in the rich-list heartland of Point Piper.
It was a bullish price to secure the home of hotelier Ben and Lucy May and just days before it was set to hit the market ahead of a scheduled December 11 auction.
The purchase this week by <a href="http…
- Bill Evans: This time IS different for house prices (not in a good way)
Bill Evans: This time IS different for house prices (not in a good way) … example, the confidence of those respondents with a mortgage increased by 4.3%. … Consumer expectations for house prices posted another fall in November.
- Survey finds households spend much more than banks think when they grant a loan
Major lenders are defending their ‘responsible lending’ credentials despite evidence that more than half of mortgage borrowers understate monthly…
- Credit tightening only one piece of the puzzle for a slowing property market: economists
The financial services royal commission has become a bogeyman of sorts for the property industry, blamed for all housing-related woes from poor open-for-inspection numbers to the free-falling clearance rates.
And the spectre of even stricter rules about bank lending looms, as the big bank bosses prepare to take the witness stand in the final round of commission hearings next week.
Analysts views on the health of the market are gradually becoming more negative, as evident …
- Housing prices to keep falling in 2019, says Westpac mortgage boss
There’s continued concern around falling house prices and fears they could fall further if Labor’s proposal to change negative gearing rules are…
- Big drop in home loan intentions
In the January quarter 2018, the level of home loan intentions was a very … Intention to take out home loan in next 12 months By type of intender … result of declining housing values, likely interest rate movements, mortgage stress…