December 20, 2018
APRA lifts restriction on interest-only residential lending
The loosening of the screws from the financial regulator is aimed at stabilising Australia’s spiraling housing market.
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December 19, 2018
Labor plans on negative gearing dividing voters
The Labor Party are ahead in the polls so there’s a good chance Bill Shortens will become a reality next year.
December 12, 2018
Property downswing tentacles spread to lower ends of the market
The property downturn in Melbourne has spread its tentacles far enough to now reach the lower end of the market. Across the nation property prices
December 10, 2018
Agents and vendors consider extending property marketing campaigns to accomodate for longer loan approval times
The typical four-week sales campaign for property is becoming too short because loans are taking so long to approve amid the tightened lending environment.
December 6, 2018
Sydney’s property downturn on track to break records
Sydney property prices have copped a pumping in 2018, falling 9.5 per cent since their peak in the middle of last year.
December 5, 2018
Rates on hold again as RBA waits for more wage growth
Australia’s record run of low interest rates has continued on for another month with the RBA once again leaving the official cash rate at 1.5 per cent.
November 29, 2018
Borrowers face extra repayments as interest-only loans rollover to principal-and-interest
There’s a huge number of interest-only mortgages in Australia – around $120 billion worth – that will soon transfer over to principal-and-interest according to the Reserve Bank.
November 28, 2018
RBA singles out four main drivers of house price collapse
The Reserve Bank says it’s more than just tighter lending – there’s four main drivers pushing down our house prices.
November 23, 2018
Outer ring suburbs and lifestyle developer locations bucking Melbourne’s property downward trend
Melbourne’s property market is on the slide but affordable housing providers Ingenia Communities and Lifestyle Communities are bucking the trend – and all in outer ring suburbs while they’re at it, as they sell homes to downsizing retirees.
November 22, 2018
Getting that loan application over the line
So how do you put the odds in your favour when trying to get your home loan approved?