There’s a huge number of interest-only mortgages in Australia – around $120 billion worth – that will soon transfer over to principal-and-interest according to the Reserve Bank.
News
RBA singles out four main drivers of house price collapse
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28 November 2018
The Reserve Bank says it’s more than just tighter lending - there’s four main drivers pushing down our house prices.
Outer ring suburbs and lifestyle developer locations bucking Melbourne's property downward trend
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23 November 2018
Melbourne’s property market is on the slide but affordable housing providers Ingenia Communities and Lifestyle Communities are bucking the trend – and all in outer ring suburbs while they’re at it, as they sell homes to downsizing retirees.
Getting that loan application over the line
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22 November 2018
So how do you put the odds in your favour when trying to get your home loan approved?
Bank of Melbourne launches aggressive rate cut push for new customers
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15 November 2018
The Bank of Melbourne is launching an aggressive push to turn around sluggish demand for home loans from new customers.
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