The gap between home loan interest rates being offered by the major banks and the rest has effectively doubled according to comparison website Mozo.
If you’ve bought a doer-upper or want to improve your existing home in Melbourne there’s good news, a new report says the state has the cheapest tradies in Australia.
The Australian Securities and Investment Commission is planning to review mortgage brokers on interest-only lending processes.
A global peer-to-peer (P2P) lender says the practice will one day move into residential mortgages in Australia.
Melbourne is loading up for a super Saturday of auctions this weekend.
With a record number of properties up for auction on the weekend it was a real test of the strength of the Melbourne property market – and it came through okay.
The price of property in most Australian capital cities has fallen over November, including Melbourne.
Investor-owned homes across Melbourne are sitting empty, as knew figures from a Prosper Australia study show there’s more idle houses and apartments than first thought.
A dramatic decline in investor lending last month shows further signs of a cooling housing market.
The average Australian household now carries a record high debt of nearly $250,000.
