Recent Mozo research has revealed that first home-buyers are increasingly turning to the Bank of Mum and Dad to secure funding for their property purchase, making Aussie parents the fifth biggest lender in the country, behind the big four banks.
Read More
Mozo research has found that the “Bank of Mum and Dad” is now the fifth biggest lender in Australia, as young home-buyers turn to their parents for help getting into a red hot property market.
Read More
A host of lenders have cut the headline home loan rates of fixed and variable loans for owner occupiers ahead of what is expected to be a busy spring property season, according to Mozo’s Banking Roundup for August.
Read More
If you’re thinking about picking up an interest-only home loan with the bank or applying with a less than 20% deposit, you may have to jump through a couple of hoops first.
Read More
Fierce lender competition for prime home loan customers is delivering a rate cut bonanza for owner-occupier borrowers this spring.
Read More
Satisfaction levels among Commonwealth Bank, Westpac, ANZ and NAB home loan customers has fallen to 76.1%, according to the Roy Morgan’s banking consumer satisfaction survey for July.
Read More
Auction clearance rates took a dive in Sydney last weekend after remaining unseasonably high throughout the majority of winter.
Read More
Professional opinions are divided over the future of Melbourne’s highly sought-after apartment market after a number of economists offered up their growth predictions for the next 12 months.
Read More
Saving for a deposit is one of the biggest obstacles first home buyers face when it comes to property ownership, Westpac’s Head of Consumer Banking, George Frazis, has said.
Read More
After posting a massive full year profit of $9.93 billion, the Commonwealth Bank has today significantly cut rates on it’s fixed home loan package, bringing it in line with other major lenders.
Read More