Melbourne property is outperforming Sydney, who has joined Perth and Darwin as the Australian capital cities to record a fall in house prices over the past three months.
The CoreLogic Property Pulse report has found that owner-occupier first home buyer finance commitments in August hit their highest level since 2009.
Lending caps aren’t going anytime soon after APRA said they would stay until household debt levels stabilise.
Some of the smaller lenders in the mortgage market say stricter lending controls from the Australian Prudential Regulation Authority are hurting their business and taking away the advantage they had over the majors.
New research by RMIT University’s Centre for Urban Research has put a dampener on Melbourne’s global reputation for liveability.
Foreigners are buying 17 per cent of newly built property in Victoria despite Government efforts to tighten the screws.
Do you have an interest-only loan and do you fully understand it and its terms?
Have you ever heard the old real estate agent adage, ‘Quote high and watch it die. Quote low and watch it go’?
The much-loved Bank of Mum and Dad is now the fifth-biggest lender on mortgages in Australia and it’s closing in on the big four banks.
Did property buyers use the weekend’s AFL grand final as a chance to snap up a bargain?
