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

The average mortgage for Australians buying an existing home has hit half a million dollars thanks largely to ongoing record-low interest rates.

Despite a flood of listings auction clearance rates in our two biggest cities have hit the roof, reflecting the rebounding housing market.

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.

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.
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