Borrowers favour mortgage brokers ahead of banks
According to the latest Bankwest/MFAA Home Index, mortgage brokers are beating the banks in overall customer satisfaction, with the majorit...
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Gen Ys give up on their dream of home ownership
More than one third of first home buyers believe rising interest rates have locked them out of the property market. According to the late...
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First home saver accounts not popular
According to the mutual industry body Abacus, first home saver accounts have failed to attract deposits and need to be overhauled if they a...
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Home loan borrowers have mixed feelings towards Big Four Banks
According to a survey conducted by BrandCentral, home loan borrowers are still more likely to take their business to the major banks, even...
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International investors focus on property in Australia
According to a survey conducted by Colliers International, major commercial property investors are confident the Australian market will out...
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Rents set to surge in investor dominated property market
A new report from Australian Property Monitors (APM) indicates that rising interest rates and property prices are forcing more potential ...
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Interest rate rises hit first home buyers and young families
According to the March 2010 Fujitsu Mortgage Stress-O-Meter, first home buyers and young families are the most likely to be hit with mortgag...
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First home buyers keeping away from property market
Demand for home loans is starting to slow down as first home buyers increasingly vacate the property market. According to data from the Aus...
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ANZ lifts LVR to 95%
ANZ has lifted its LVR to 95% for existing customers who have a strong credit history. ANZ was the first Australian bank to tig...
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More people choosing variable home loans
More borrowers are choosing variable home loans over fixed rate home loans . According to a study conducted by Mortgage Choice, fixed rate l...
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More people refinancing
According to the latest AFG Mortgage Index, refinancing activity peaked at a two year high last month. New data shows that the level of refi...
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RBA raises interest rates again
The Reserve Bank of Australia (RBA) has raised the official cash rate 25 basis points to 4.25 per cent – the second rate hike for 2010. Th...
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Middle ring suburbs in Australia set to boom
An increasing number of price-sensitive home buyers snapping up properties in the middle ring and ignoring prestige areas. Despite strong i...
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City home values continue to climb despite rate rises
According to the latest RP Data - Rismark February 2010 Hedonic Home Value Index, dwelling values in Australia's capital cities have con...
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Interest rates will rise 2% over 20 months - according to survey
Economists from leading financial services companies agree that the RBA will push interest rates back to near pre-GFC levels by the end of ...
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New home sales plummet in Feb
According to the Housing Industry Association (HIA), new home sales dipped by 5.2% last month. The HIA’s New Home Sales report revealed th...
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Affordable housing to allow more Australians to own a home
A $160 million housing development is set to extend home ownership to hundreds of Australians who might otherwise struggle to raise enough...
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Interest rates going up
Economists at Australia’s leading banks expect the Reserve Bank of Australia (RBA) to lift interest rates again as early as next week. Ther...
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First home buyers are not all in their 20s
According to the Australian Bureau of Statistics (ABS), the median age of first home buyers today are in fact, couples with or without depen...
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Mortgage stress not rising
Approximatley 2% of Australian households with owner-occupier home loans spent more than 50% of their disposable incomes on home loan repaym...
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