First home buyers might have a window of opportunity to get on the property ladder with a smaller home loan. Domain reports that median unit prices have fallen in some of Sydney’s hottest suburbs, such as Glebe, Chippendale, and Redfern, by -10% to -19% in the last five years.
CoreLogic's September Home Value Index (HVI) recorded a 2.2% growth in national home prices over the quarter, but zooming in to focus on the nation’s capitals reveals one city is resisting the trend.
So you’ve decided to sell your property. You’ve enlisted the help of an agent, set a price guide, put it on the market…and you’re still waiting. Maybe you’ve had a few interested nibbles, but no one’s buying what you’re selling. What’s going on? And what can you do about it?
New consumer research from Mozo uncovers that many Australians are seeing large amounts of their monthly income swept away by home loan repayments, in what’s being dubbed a ‘mortgage cyclone’.
New research from Roy Morgan found that a record number of Australians with a home loan were at risk of falling into mortgage stress in August 2023.
Have you ever wondered who among the glitterati are good at investing their money?
Online lender loans.com.au has launched a new construction home loan with a discounted interest rate for those who choose to install solar panels as part of their build.
Home buyers and lenders are no longer waiting for the RBA to make moves. Indeed, there were no moves made: the Reserve Bank of Australia has left the official cash rate at 4.10% for October, marking the fifth month in a row of constant interest rates since June 2023.
As hundreds of thousands of fixed-rate home loans are set to expire in the next 12 months, existing borrowers have a few strategies at their disposal that could mean the difference between expensive rollover rates and a better deal.
It’s been three months since the Reserve Bank of Australia (RBA) last raised interest rates. Its last decision brought the official cash rate to 4.10% – a decade high.