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Home...Mortgage News

Mortgage News – Page 273

First home buyer investors doing it tough, says new research

A new study has revealed that first home buyer investors are the worst off in the property market, even though they have more money than owner-occupied first home buyers.

16 Jun, 2015

Young Aussies admit lack of mortgage knowledge

New research by ME (previously ME Bank) has revealed that the majority of Australians under 30 admit that they barely understand the mortgage market, which makes them vulnerable to bad real estate deals.

11 Jun, 2015

Small, non-bank lenders provide ‘best value’ home loans, says Mozo

A vast majority or 86% of Australia’s best value home loans are now being given by small and non-bank lenders, says comparison site Mozo.com.au.

11 Jun, 2015

Home loans hit new high at almost $33bn

First homebuyer levels have improved in April 2015, as housing finance reached new highs at $32.7bn. Loan sizes also soared, a new report has revealed.

10 Jun, 2015

Westpac hailed Socially Responsible Bank of the year

Mortgage lender and one of Australia’s big four banks, the Westpac Group, has bagged the title as the Socially Responsible Bank of the Year in the 2015 Money Consumer Finance Awards.

05 Jun, 2015

CBA records highest customer satisfaction of big four

The CBA has emerged to hold the highest overall satisfaction of the big four at 82.2%, according to the latest study by Roy Morgan Research.

04 Jun, 2015

APRA remains calm despite housing bubble fears

The Australian Prudential and Regulation Authority says it remains calm about Sydney and Melbourne’s property markets, despite concerns raised by the Treasury and the RBA about a housing bubble, reports Fairfax Media.

04 Jun, 2015

Property sector becomes biggest industry in Australia

A new study by market consultancy AEC Group has revealed the Australian property sector greatly contributed to last year’s GDP and emerged as the country’s largest industry.

02 Jun, 2015

How rate cuts have impacted the housing market

Moody’s Analytics claims interest rate cuts by the Reserve Bank of Australia in February and May have added $8,000 to house prices in Sydney and Melbourne.

27 May, 2015

Aussie home loans reach $1.3tn, APRA data shows

Home loans across Australia have amounted to $1.3tn in the first quarter of 2015, and are still expected to reach even higher numbers as owner occupiers and investors are likely to gain strong property returns.

27 May, 2015

New poll foresees more Aussies will lock in fixed home loan rates

A study has found more Australians are likely to start fixing their home loans, despite the stable cash rate, as they anticipate the wake of imminent interest rate hikes next year.

27 May, 2015

HIA: Auckland investment tax won’t work for Sydney

Housing Industry Association senior economist Shane Garrett has argued that the investment tax measure used in Auckland is not the best solution for Sydney’s housing boom.

26 May, 2015

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