February 2, 2016
Loan-to-value ratios in decline
Loan-to-value ratios (LVR’s) are in decline, with the latest AFG Mortgage Index figures showing them to be at their lowest level since 2012.
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February 2, 2016
Interest rates look set to remain steady
Home loan borrowers can put their hopes on hold for short-term rate cuts as the struggling jobs market continues to hold the economy back.
February 2, 2016
It may be curtains for the rate cut cycle
Home-loan borrowers have been given the heads-up not to expect any more interest rate cuts after the RBA gave the economy a quietly confident vote of approval.
February 2, 2016
Industry speaks out against more regulations for brokers
There are calls to increase broker regulations after another Melbourne broker recently lost their credit licence.
February 2, 2016
Lenders offering long-term loans in a bid to attract customers
Lenders have been turning up the heat recently in their bid to gain their share of the home loan market.
February 2, 2016
Properties under $600k can still be found near the CBD
Housing affordability in Australia always seems to be under the microscope, but it is still possible to buy a house within 10kms from Melbourne’s CBD for under $600,000.
February 2, 2016
Keep a lid on debt despite low interest rates says RBA
After announcing no change to interest rates last week, the RBA has issued a timely warning to property buyers not to take on too much debt trying to secure a home in the low-interest environment.
February 2, 2016
Big job losses denting consumer confidence
With the extended period of interest rate cuts slowly putting positive effects of the economy’s growth, massive job cuts in Australia’s motor vehicle and manufacturing industries have shaken the nation’s consumer confidence.
February 2, 2016
ACCC cracking down on comparison websites
The ACCC is set to crack down on comparison websites for loans, credit cards, insurance, flights and utilities.
February 2, 2016
Average house in metro Australia is $600,000
The average home in metropolitan Australia now costs buyers $600,000, after a yearly rise of 13 per cent.