Home Loans

Loan payment deferrals have seen a take-up rate of around 10 per cent according to the Reserve Bank, a point they highlighted at their May meeting.

Property investor demand is back into the black for the first time in two years amid the rebounding home loan market.

Home loan arrears are the highest in years but at this stage pose no threat to financial security, according to the RBA’s head of financial stability Jonathan Kearns.

Buyers’ agents are saying the asking price for properties stuck on the market long term are being heavily discounted – sometimes by as much as 40 per cent.

It’s getting harder for property buyers to get a home loan and brokers are warning things are only going to get tougher in the wake of the banking royal commission.

Construction of a new suburb in Melbourne’s west called Mount Atkinson will begin by the end of the year.

The most effective account to repay your home loan is a fully transactional 100% offset loan account. 

Call Perry Finance today to discuss your home loan mortgage refinancing options.

Customers’ satisfaction levels with the big four banks home loan service has dropped, probably off the back of their home loan rate rises last October.

An improving housing sector has been reflected in new Bureau of Statistics figures that show an increase in home loan approvals.