DEMAND for home loans rose in July, official data showed, but by much less than expected, as loans for owner-occupied homes slipped in the month. According to the Australian Bureau…
Read More
A report from analysts at UBS highlights just how focused Australian banks have become on real estate. Looking at lending data from the Australian Prudential Regulation Authority, the UBS banking…
Read More
Home loan approvals rose for the ninth time in 10 months as the housing sector strengthens, benefitting from record low interest rates. Home loan approvals rose 1.0 per cent in…
Read More
The message being pushed by mortgage brokers and consumer advocates that borrowers should maintain their current mortgage repayments when interest rates fall and pay off their home loans sooner has…
Read More
Here’s a challenge. How fast could you pay your mortgage off? The sad realisation hit me earlier in the year that I’m not likely to get rich anytime soon. I…
Read More
The level of household debt in Australia has risen over the past tHicks Real Estatee decades from less than 50 per cent of household disposable income to about 150 per…
Read More
Standard variable loan popularity hits 18-month high Despite the cost difference between fixed and variable interest rates dropping, June saw a higher percentage of Australians turning their backs on locking…
Read More
S&P credit ratings expert confirms the strength of the housing sector but questions the benefit of high home prices for society A managing director of a credit ratings agency responsible…
Read More
When yours truly was on Seven's Sunrise back in May it was acknowledged by both David Koch and myself that the Reserve Bank of Australia (RBA) would be unlikely to…
Read More
The Reserve Bank has opted to keep interest rates steady at its board meeting today. It was a widely expected move and will give mortgage holders another welcome breather from…
Read More