Who’s Behind The Surge In Property Prices?

personOtto Dargan access_timeMarch 30, 2021

There have been many discussions lately around whether the Australian Prudential Regulation Authority (APRA) will introduce regulations to slow Australia’s rising property prices. The watchdog has argued that as the rising prices are being driven by first home buyers, not...

Read more

NZ Decides To Slow Down House Prices: What It Means For Australia

personOtto Dargan access_timeMarch 26, 2021

New Zealand has introduced new tax policies to slow down investors after house prices were pushed up almost 25% in just 12 months. Australia has experienced similar house price rises over the year. However, according to experts, removing tax benefits linked to property investment...

Read more

Australian Property Prices To Go Further Up By 17%?

personOtto Dargan access_timeMarch 25, 2021

According to ANZ’s latest predictions, Australian property prices for the next few months will now be up by 17%. While ANZ earlier predicted only a 9% raise, the sharp property price upsurge in November led it to contradict this statement. Sydney and Perth have the...

Read more

Access Equity In Your Home Loan To Renovate

personOtto Dargan access_timeMarch 24, 2021

Property values are skyrocketing. With affordability hitting new lows, you can free up some money through refinancing to fund your renovation project. Release equity to achieve your financial goals The sharper your interest rate is, the lower your overall loan balance will...

Read more

Major Banks Cut Fixed Rates Below 2%

personOtto Dargan access_timeMarch 22, 2021

Fixed rates for home loans are well below variable rates and are the lowest they’ve been in Australian history. Westpac was the first to launch a mega-low interest rate below 2%, after which the National Australia Bank (NAB) and Commonwealth Bank of Australia (CBA) followed....

Read more

Home Buying Intentions Rise In February: What Does It Mean?

personOtto Dargan access_timeMarch 17, 2021

Home buying intentions saw a surge in February, according to research by the Commonwealth Bank of Australia (CBA). This is a good sign for the Australian economy in 2021, but what does it mean for buyers? Driven mainly by the very low interest rates that many lenders are offering,...

Read more

Rate Cuts For Self-Employed Borrowers

personOtto Dargan access_timeMarch 16, 2021

A non-bank lender has announced that it has made rate cuts and waived some of its fees across its home loans products. This is geared towards supporting self-employed borrowers in investing in property or refinancing and consolidating their debts. The lender has slashed interest...

Read more

Sydney’s Property Values Skyrocket

personOtto Dargan access_timeMarch 15, 2021

According to CoreLogic, Sydney’s property values have recovered beyond their peak in 2017. According to Tim Lawless, CoreLogic’s Executive Research Director, “Since housing values found a floor in October last year, Sydney home values have risen 5.7% to...

Read more

Property Affordability In Cities Hit A Decline

personOtto Dargan access_timeMarch 12, 2021

Now that the economic distress brought about by the COVID-19 pandemic is fading, the property market in Australia has become a seller’s market. Buyers are currently looking for larger accommodations after their experience with the lockdown and a rise in remote working...

Read more

Acceleration In Mortgage Arrears—Will It Worsen?

personOtto Dargan access_timeMarch 10, 2021

According to a report published by Standard & Poor, mortgage arrears are on the rise. The upward inclination comes following the end of COVID-19 loan assistance and is likely to worsen in the second half of 2021. With the date for expiration of mortgage deferrals approaching...

Read more