It’s a common sight to see ‘for sale’ signs on houses with an auction date all across Australia. House auctions have become popular in major cities in recent years, especially with property prices on the continual rise.
Customer-owned bank bcu has announced the launch of a new cashback deal which could see mortgage holders pocket thousands of dollars for taking out a new home loan.
If you needed proof that competition is running hot for Australian mortgage holders, the last few weeks has done just that, as lenders have taken their knives to home loan rates once again.
Rent-to-buy (RTB) scheme, also known as rent-to-own scheme, is a leasing agreement that gives renters the chance to buy a home at the end of a fixed rental period (usually three to five years).
New research has revealed that a combination of government assistance and record low interest rates has helped cut mortgage stress to ‘near record’ low levels, yet a significant number of Australian homeowners remain under pressure.
Banks have begun rolling out renewed support this week for customers facing financial hardship as a result of COVID-19 lockdowns and restrictions.
As the hundreds of thousands of Australians who take out a new home loan or refinance every year will attest to, applying for a loan and getting it approved can often be painful.
Home loan rates for residential property investors have reached the lowest point they’ve been in years, and Australia’s online mortgage lenders are the providers at the forefront of the push towards sharper rates.
New non-bank lender TechLend is offering home buyers interest free bridging loans with same day pre-approval, which it’s likening to buy now pay, later of home loans.
Online lender loans.com.au has announced their new green home loans, helping pave the way for more green finance options in Australia.