Investors targeted in new mortgage interest rate hikes
The banks certainly have been busy over the last month, aggressively raising interest rates on fixed rate loans, in addition to some variable rate loans.
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Home loan forecast for 2017 - rates tipped to continue their upward climb
For homeowners considering the option of locking in their interest rate on a fixed rate loan, now could be the time to do so, as Mozo's banking data expert is predicting more out of cycle rate increases in the new year.
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Greater Bank: First home buyers can borrow up to 110% with family pledge loan
In an increasingly competitive property market where even getting a foot in the door can be a struggle, young Aussies looking to buy their first home may find an opportunity with family guarantee home loans, like Greater Bank’s new family pledge loan.
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Big four banks join smaller lenders in fixed rate home loan hikes
The big news over the last few weeks has been around how smaller home loan lenders have increased their fixed rate home loans, while the Reserve Bank has left the cash rate unchanged at 1.50%.
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Investors’ paradise found? Property experts tip Hobart to outshine Sydney, Melbourne
Properties in Sydney and Melbourne have nothing on Hobart, at least according to some property investment experts, who feel the city's low rental vacancy rates and economic growth make it an investor’s paradise.
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Sydney property sales down but prices tipped to rise in 2017
Sydney recorded its lowest auction clearance rate in six-weeks over the weekend, but prices remain high, and are tipped to push even higher in 2017.
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Home loan lenders still reducing interest rates despite stable RBA cash rate
Home loan interest rates went rogue last month, when 13 lenders cut variable rates on their mortgages, despite the RBA cash rate remaining stable since August.
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Sydney no longer top spot for property investors
Property investors may be better off turning their sights to other capital cities in Australia, as the Sydney property market cools and short-term growth prospects wane, according to a new report from Momentum Wealth.
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ME Bank Life&Loan tool helps millennials buy property and eat avo
Home loan lender, ME Bank, has launched a property tool to help first home buyers get on the ladder, without sacrificing their lifestyle or smashed avocado breakfasts.
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Saving a home deposit in Sydney and Melbourne is impossible - so have smashed avo instead
With debate raging on about whether millennials are trading a home loan deposit for avocado on toast, an analysis by Mozo has shown that home buying hopefuls might as well have their fancy breakfast - because saving for a 10% deposit in the Sydney or Melbourne markets is practically impossible.
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