The simple mortgage mistake draining Aussie budgets
How long has it been since you’ve done a home loan health check? Five years? Ten? Chances are, it's been way too long.
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Home loan approvals fall in January - what’s holding Aussies back from entering the market?
According to new data from the Australian Bureau of Statistics (ABS), home loan approvals for owner occupiers fell by 1.1% in January - a higher than anticipated figure given a number of economists expected a drop of only 0.2%.
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NSW records the largest first home loan increase but is not the most affordable market
According to new data from the PRDnationwide Q1 Key Market Indicators report, New South Wales has recorded the largest increase in first home buyer loans within the September quarter between 2016 and 2017.
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ANZ and NAB cut their fixed rate home loans - time to ‘nab’ yourself a fixed rate discount?
And just like that, within the span of a week, all of the Big 4 banks have moved their fixed rate home loans.
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Westpac hike fixed rate home loans - a prediction of things to come?
After big bank CommBank made cuts to a majority of its fixed rate home loans last Friday, it seems that Westpac is playing hard to get, hiking fixed rates by up to 40 basis points for both owners occupiers and investors.
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Forget energy, the economy is Australia’s biggest problem
After surviving the sweltering Australian summer with our air conditioners intact, we’re now becoming rapidly concerned with economic rather than energy issues, according to a recent survey from Roy Morgan Research.
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Long term fixed rates set to rise: time to lock up your home loan?
Shock waves from increased insecurity in the global economy will hit Australian shores soon enough and mean higher interest rates on long term fixed home loans, according to Mozo Data Manager Peter Marshall.
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New study reveals: 1 in 3 households would struggle to meet mortgage repayments if rates rose this year
Pessimistic or honest? That’s the question on our minds, thanks to a new survey by the Salvation Army, which found that Aussies are struggling to meet mortgage costs and could feel the heat if the Reserve Bank raises rates this year.
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Experts alter 2018 rate change expectations ahead of March RBA meeting
As the Reserve Bank board prepares to sit down for its second meeting of the year next Tuesday, a number of key players and experts have begun to shift their predictions regarding a possible rate rise before the end of 2018.
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CommBank drops fixed rate home loans with investors snagging the biggest discount
With yesterday marking the official start to Autumn property season, major bank CommBank have dropped some of their fixed rates home loans in an effort to entice new borrowers.
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