Today’s trending stories in Australian home ownership and Home Loans.
- Bank to improve home loans after strong year
The lender saw its home loan portfolio grow 1.3 times the industry average
- The number one sign there’s something wrong with your compost and how to fix it
Healthy compost heaps shouldnt smell bad, and they most certainly shouldnt provoke a full hazmat reaction as happened at two New Zealand schools on Friday.
There, more than 100 students and teachers were put through a decontamination process, and 10 children were taken to hospital with dizziness, nausea and headaches.
While all have since been discharged with no lasting effects, the incident has been blamed on fresh mushroom compost in a heap on a nearby property, …
- Banks continue to ditch SMSF lending
Major lenders have already discontinued SMSF lending products as concerns continue to mount
- Rising mortgage stress is taking its toll
A majority of Australians say they are being burdened by their home loans
- When falling home ownership and ageing baby boomers collide
When falling home ownership and ageing baby boomers collide … A second shift falling rates of home ownership could further increase the demands on … will retire as outright home owners with no mortgage payments to meet.
- Broker busts credit score myth we all believed was true
Mr McNeice also busted the long-standing myth that people had to have credit cards to accumulate a credit score for the purpose of a home loan.
- Australian property prices facing 'longest downturn in decades', says UBS
Overall, a 12 per cent fall in house prices spread over four years is unlikely to cause too many problems, he says. But by prompting households to…
- Soaring mortgage rates change market decisions
A study commissioned by customer-owned Gateway Bank showed that 56% of Aussies consider their home loan to be a burden defined as limiting…