January 21, 2016
ANZ lifts interest rates for property investors
The ANZ Bank is lifting its interest rates for residential investment property to move focus away from investors and more onto owner-occupiers.
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January 21, 2016
Property investors can expect more interest rate rises
Pressure to pass on higher capital costs to investment borrowers is likely to see more interest rate hikes by banks, following last week’s movements from ANZ and the Commonwealth Bank.
January 21, 2016
Investor lending by banks continues to tighten as major announces foreign buyer restrictions
As banks start lifting rates to tighten their lending to property investors in response to the Australian Prudential Regulation Authority’s crackdown, Westpac has announced changes to its lending to foreign buyers.
January 21, 2016
Melbourne’s most affordable suburbs for one-bed apartments
If you’re looking for a cheap one-bedder apartment to invest in, the Real Estate Institute of Victoria has released figures to March of the suburbs in Melbourne where you can get one-bedroom apartments for under $300,000.
January 21, 2016
Investor group speaks out against banks lifting rates for existing investors
Raising interest rates for existing property investors is opportunistic and unfair according to the Property Investment Professionals of Australia.
January 21, 2016
Taking advantage of mortgage discounts that stay once secured
Mortgage holders could be costing themselves thousands by failing to capitalise on ongoing low interest rates and subsequent intense lender competition.
January 21, 2016
Commonwealth Bank tightens its lending to off-the-plan property
In keeping with the current climate of responsible property lending, it is about to become harder to buy a block of land or house off the plan.
January 21, 2016
Affordable Melbourne property tempting investors from Sydney
Sydney property investors struggling to afford Sydney prices have been snapping up Melbourne real estate instead because it’s cheaper, according to developers.
January 21, 2016
Housing affordability a concern for older age brackets as well as first-home buyers
Older Australians are more worried than first-home buyers about housing affordability according to research from legal firm Slater and Gordon.
January 21, 2016
Australian stock market on a wild ride after ‘Bloody Monday’
The Australian stock market has been through a wild start to the week, surprisingly rebounding strongly after what some were calling ‘Bloody Monday’.