If you need access to fast short-term capital did you know that bridging finance could be an option?
The Reserve Bank has warned house prices are at risk of falling if the banking royal commission ends up causing banks to restrict the amount of money they are willing to lend.
On the weekend our city recorded a clearance rate of 60.7 per cent and for the weekend prior, the auction clearance rate has been revised down to below 60 per cent – to 58.9 per cent.
This year’s Federal Budget includes a plan to help up to 20,000 older Australians stay in their own home but some say it contradicts policies designed to free up housing.
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.