ING DIRECT launches new mortgage cash back offer
ING Direct has announced the launch of a new cash back offer for home loan customers to come into effect from May 1.
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First-home buyer activity highest in Queensland and Western Australia: Mortgage Choice
New research from Mortgage Choice has shown dramatic differences in the level of first-home buyer activity from state to state.
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No housing market bubble says Australian Bankers’ Association
The Australian Bankers’ Association has reported that there is no evidence of a property bubble in the Australian housing market, despite strong growth of house prices spurred on by low interest rates.
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Real estate investments starting from just $10,000
If you’re an wholesale investor looking for an alternative investment opportunity that isn’t going to break the bank, newly launched property platform Estate Baron, says it has the answer with real estate investments with an initial commitment of only $10,000.
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NAB becomes third of big four to pass on RBA cash rate cut
NAB has become the third of the big four banks to pass on the Reserve Bank of Australia’s rate cut, reducing its standard variable home loan rate by 0.25% to 5.63%.
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Will Australian banks pass on the full RBA rate cut?
The Reserve Bank of Australia slashed the official cash rate from 2.5% to 2.25%, at yesterday’s February Board meeting. So now all eyes are watching closely to see if the first RBA announcement of 2015 will prompt providers to drop their home loan interest rates by 25 basis point.
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Australian house prices rise, while interest rates are tipped to remain low
House prices are continuing to rise, the latest Domain Group’s House Price Report has revealed, with most capital cities seeing an increase in price growth over the December quarter.
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Bad news for tenants: rent in capital cities near record levels
Asking rents in capital cities have remained at or near record levels over the last quarter, according to the Domain Group Rental Report.
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RBA expected to leave official cash rate on hold: but what will 2015 bring?
The official cash rate is expected to remain on hold at 2.50% when the Reserve Bank of Australia make their announcement after the December board meeting this afternoon.
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New home building hits highest recorded levels
Nearly 190,000 new homes were built this year, a record for new home building in Australia.
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