The average mortgage for Australians buying an existing home has hit half a million dollars thanks largely to ongoing record-low interest rates.
News
Solid weekend for Melbourne and Sydney auction clearance rates
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12 February 2020
Despite a flood of listings auction clearance rates in our two biggest cities have hit the roof, reflecting the rebounding housing market.
Things to think of when opening the 'Bank of Mum and Dad'
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07 February 2020
High property prices and tight lending restrictions have seen an increasing number of young people approach the ‘Bank of Mum and Dad’ for their home loan.
RBA leaves rates unchanged amid global and domestic economic x-factors
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04 February 2020
X-factors have played a large part in today’s decision from the Reserve Bank to keep interest rates on hold at 0.75 per cent.
Inflation spike sinks chances of February rate cut
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31 January 2020
After solid unemployment figures recently, surprise rises in inflation has snuffed out the likelihood of a Reserve Bank rate cut next week.
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