May 13, 2020
Best interest duty for mortgage brokers postponed for six months
The best interest duty mortgage broker reforms that came out of the banking royal commission have been postponed for six months.
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May 8, 2020
NAB tips Melbourne house prices to fall by around 10%
The property markets in Melbourne and Sydney both look set for an inevitable drop over the next couple of years in the face of a contracting economy, poor consumer confidence and less migration.
May 6, 2020
RBA leaves official cash rate unchanged but home loan rates continue their fall
The Reserve Bank yesterday kept rates unchanged at their historic low of 0.25 per cent.
April 30, 2020
Fixed home loan rates emerging from the shadows
Fixed interest rates are emerging as the major player after their average dropped lower than variable rates recently.
April 24, 2020
Median house prices in Melbourne up 2% in March quarter
Prior to the coronavirus nightmare Melbourne’s median house price rose two per cent in the March quarter but is expected to start falling from this point.
April 21, 2020
Entry-level property market action heating up in Melbourne
Entry-level homes are currently where the action is in Melbourne’s property market while the world grapples with the spread of coronavirus.
April 17, 2020
State Government announces its $500 million rental assistance package
The Victorian Government this week announced its $500 million rent package in response to the coronavirus crisis.
April 15, 2020
Borrowers urged to take advantage of record-low interest rates
The best way for a lot of mortgage borrowers to access the current super-low interest rates going around is refinance their loan and turn themselves into brand new borrowers.
April 9, 2020
Property market on a knife-edge as Melbourne fights coronavirus spread
It’s unfortunately looking like a pretty grim picture for Melbourne and Sydney’s property markets if the coronavirus crisis deepens.
April 8, 2020
RBA leaves cash rate at 0.25% where it could stay for some time
After an emergency cut to interest rates just weeks ago the RBA has this week left them unchanged at 0.25 per cent at its April meeting.