Today’s trending stories in Australian home ownership and Home Loans.
- Investor housing credit shows signs of life
This news may serve as a ray of hope for a gloomy housing market
- ‘Spring hasn’t sprung yet’: Melbourne property market to challenge sellers and agents
As Melbournes property market languishes in the first major downturn in years, experts say there is little hope of it improving in the usually bumper spring selling period.
Agents blame a lack of stock and credit for the downturn, but Domain Group data shows stock has accumulated as clearance rates fell for much of the year.
Agents are probably referring to a lack of the right stock, Domain Groupdata scientist Nicola Powell said. The fact we&rsq…
- Bank rate lift down to growth in the US
The decision by Westpac, about to be followed by the other big banks, to lift all its mortgage interest rates could not come at a worse time.
- Byron Bay’s secret neighbour: This glamorous house is for sale in a town you’ve never heard of
An easy, breezy 10-minute drive will deliver you to the beach, but you might find it difficult to drag yourself away from this rather well-appointed oasis….
- Former industrial suburbs becoming Melbourne’s next property hot spots
First Richmond was transformed, followed by Brunswick, Port Melbourne, Preston, Coburg and Footscray.Now it is West Melbournes turn in the developers eye, with several projects set to increase the suburbs population three-fold by 2036.
But where next will buyers turn when these trendy inner suburbs reach capacity? According to industry experts, it is likely to be the northern suburbs of Thomastown, Campbellfield and Lalor.
- The Experts
And while I understand why lots of Aussie home loan borrowers could be getting … This acts as a guide to what happens to our home loan rate. … Westpac’s decision to raise its mortgage rates with other big banks likely to follow,…
- Brokers well positioned to demystify reverse mortgages
Similarly, speaking to The Adviser’s sister title Nest Egg, reverse mortgage specialist at Omniwealth Ambreen Sumar noted that ASIC’s stresses the…