Top Stories in Australian Home Ownership October 3, 2018

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

  • Calls for mortgage interest rate audit
    A professor said the Royal Commission had missed the biggest fraudulent act
  • Digital bank offers digital signing
    A new partnership will allow borrowers to sign home loan documents digitally
  • The Brisbane suburbs where the population is shrinking
    Queenslands population may be booming, but the population in some Brisbane neighbourhoods is in free fall, according to figures released by the Australian Bureau of Statistics.
    Over the past decade, Greater Brisbanes population swelled from 1.9 million to nearly 2.35 million people.
    Across the city, which the ABS lists as encompassing a massive 394 suburbs, it was a period of rapid growth, with census data showing Brisbanes population increased 23.7 per cent…
  • Average Australian borrower in mortgage stress, Canstar analysis shows
    The average Australian home owner is spending more than one-third of their income on home loan repayments, leaving them in mortgage stress, new analysis shows.
    Mortgage repayments chew up 34 per cent of an average disposable household income, according to national figures compiled byfinancial comparison site Canstar.
    Using the average variable rate and latest average house price and income data from the Australian Bureau of Statistics, Canstar compared repayments for princ…
  • What it’s like living in Coolangatta, the world-famous surfing mecca
    If youre alocal, youll knowthis Gold Coast town as Cooly, home to one of the biggest surfing events on the World Surf League calendar, the Quiksilver Pro, as well as the Roxy Pro womens surfing championship.
    Legendary surfers past and present have ridden the famous waves at Snapper Rocks, and within easy reach of this point break youll also find Duranbah, Little Marley, Kirra Point, Rainbow and Greenmount.
    Coolangatta is quite literally a …
  • 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.
  • Cash rate announced by RBA
    Three major banks previously hiked rates despite RBA holding for over 2 years
  • Interest rates: up, down or stay the same?
    RBA Governor Philip Lowe continues to warn mortgage holders not to be … That means anyone who took out their mortgage after November 2010…
  • House price slow down 'healthy': treasurer
    Weaker house prices in Sydney and Melbourne are “healthy for the economy”, Treasurer Josh Frydenberg says. Prices have come back to a more…