Category Archives: Mortgages
Mortgage hunger returning for first time since 2009
Mortgage demand has seen its first increase in eight quarters, leading an analyst to predict house price recovery is not far behind. The Veda Quarterly Consumer Credit Demand Index has shown the first increase in mortgage enquiries since 2009. Enquiries … Continue reading
10 tips for maximising capital growth and yields
Property has to resonate with the heart and the mind, but when making a purchase it is fundamental to make a financial decision before making an emotional one. Unfortunately, some buyers get so excited about buying a property they … Continue reading
Mortgage arrears continue fall
Mortgage arrears have fallen for the second consecutive quarter, a welcome indication that Australia’s property market is remaining solid amid global financial turmoil, but there’s some even more good news. According to the latest Fitch Ratings Dinkum Index for the … Continue reading
We love our castles—Australian homes remain the biggest globally
The great Australian dream of home ownership is constantly evolving. Both our houses and lot sizes are generally decreasing in size, with kitchens growing in importance and outdoor living becoming more prominent for many. We’ve also seen … Continue reading
Renters paying a greater share of their take home income for housing than those with a mortgage
In this week’s RP Data Property Pulse, Cameron Kusher takes a look at the costs associated with housing based on the latest ABS 2009/10 financial year Housing & Occupancy Costs Survey results. According to Mr Kusher, one of the most … Continue reading
Implications for interest rates and investors
Lending slumps; Petrol slides and further falls likely Weekly Petrol Prices; Lending Finance; Credit & debit card statistics Petrol prices fall. According to the Australian Institute of Petroleum, the national average Australian price of unleaded petrol fell by 2.5 cents … Continue reading
Nearly half of Aussie Properties Double in Value
New research from RP Data has found that 45% of Australian properties are worth at least double their original purchase price – and less than 4% are in negative equity. The research firm’s latest Property Equity report has revealed that … Continue reading
If interest rates fall, it will be a windfall
What would you do if the Reserve Bank decided to reduce the cash rate next month? Would you continue to pay the same amount off your mortgage, or use the extra cash in some other way? A national survey of … Continue reading
15 White Oak Drive, Shepherd Valley, Qld Australia HOUSES UP APARTMENTS DOWN The home building see-saw continues, with approvals dropping again in May, according to data released this week by the Australian Bureau of Statistics. The total number … Continue reading
Bank wars continue..
Finally the time is right to contact your bank and ask for a ratediscount. This can best be done by quoting another banks rate. Asbanks rates differ based on loan size, and loan to value ratio, just sendme a quick … Continue reading
