After another interest rate rise this week, it’s getting harder and harder for investors to hit the property market. To attract investors and keep momentum
The Federal Treasurer has been warning households to batten down the hatches for tough economic times ahead, and it’s no more relevant than the rapidly approaching fixed-rate cliff confronting many homeowners.
A new report has confirmed Melbourne property prices are likely to fall by up to 10 per cent by the end of the year.
The Reserve Bank this week lifted the official cash rate by another 0.5 percentage points to 1.35 per cent.
Just two months ago the interest rate was sitting at just 0.35 per cent, which is a full 1 per cent lower than it is right now.
The way people handle their money is having a significant impact on the health of Australians according to a new benchmark measure of financial wellbeing.
Sydney property prices have copped a pumping in 2018, falling 9.5 per cent since their peak in the middle of last year.
The NAB’s changes mean they will calculate the upfront commission a broker receives for a home loan based on the amount the drawn rather than the total approved and net of any offset facility.