
Setting the right amount of rent in a renters’ market
In some parts of Australia it is becoming, or has already become, a renters’ market.
In some parts of Australia it is becoming, or has already become, a renters’ market.
Mortgage brokers are being urged to sell themselves on more than just cheaper rates.
It appears Australia’s housing boom is set for a cooling period this year.
Property investment hotspots look set to move from the major capital cities to some popular tourist destinations in Queensland.
Mortgage delinquencies are down across Australia in the last year, suggesting home owners are finding it easier to pay their mortgages.
After much speculation over the last couple of months, with plenty of people split over which way interest rates would go next, the Reserve Bank last night dropped them a quarter of a per cent to a new record low of 2.25 per cent.
The apparent slump in first-home buyer numbers isn’t quite as bad as analysts thought.
The surprise drop in Australia’s unemployment rate in December has proved an anomaly with the figure surging back up to 6.4 per cent in January.
The housing market needs careful monitoring according to an overwhelming number of members of the Reserve Bank Board.
Brokers account for nearly two thirds of the growth in the home loan market over the last year but their share of the entire mortgage market dropped in the December quarter.