Category Archives: Mortgages
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
Rate Rest Continues for Borrower’s in August
Century 21 Australia, the largest real estate company in the Asia Pacific region, believes that the Reserve Bank of Australia’s decision to hold interest rates at 4.75 per cent will help to provide some stability for home buyers and investors … Continue reading
Gen Ys will lead housing revival
The Australian housing market has a bright future, and Gen Ys will be the ones to lead it there, a social demographer has claimed. In spite of growing pessimism surrounding the economy, KPMG partner Bernard Salt has told Australian BrokerNews … Continue reading
RELATIONSHIP WITH MORTGAGE BROKER A GOOD STEP FOR AUSTRALIANS TO SECURE OPTIMAL HOUSING FINANCE
Century 21 Australia, the largest real estate company in the Asia Pacific region, believes that there is strong value for Australian home buyers and property investors in developing a relationship with a mortgage broker or lender. Going through the … Continue reading
Mortgages lift as investors swoop
Mortgage sales increased by 18.8 per cent in May as investors took advantage of softer market conditions according to the latest report from mortgage broker AFG. While May is traditionally a strong month for sales before the quieter winter period, … Continue reading
Housing market slows in March quarter
The housing market is going through a cyclical deceleration rather than facing a `bursting of the bubble’, the Real Estate Institute of Australia (REIA) said this week. Announcing the release of the report Real Estate Market Facts for the March … Continue reading
Exit fees – friend or foe to investors?
The federal government’s proposal to scrap exit fees is a double-edged sword for consumers. On the one hand, cutting exit fees makes it easier for borrowers to move their loan to another lender offering lower interest rates. But on the … Continue reading
