Mortgage holders could be costing themselves thousands by failing to capitalise on ongoing low interest rates and subsequent intense lender competition.
News
Raising interest rates for existing property investors is opportunistic and unfair according to the Property Investment Professionals of Australia.
If you're looking for a cheap one-bedder apartment to invest in, the Real Estate Institute of Victoria has released figures to March of the suburbs in Melbourne where you can get one-bedroom apartments for under $300,000.
As banks start lifting rates to tighten their lending to property investors in response to the Australian Prudential Regulation Authority’s crackdown, Westpac has announced changes to its lending to foreign buyers.
Pressure to pass on higher capital costs to investment borrowers is likely to see more interest rate hikes by banks, following last week’s movements from ANZ and the Commonwealth Bank.
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