Aussies see improved housing and rental affordability

Home affordability improved across the country, except for Queensland where it has remained stable, according to a new report. The September quarter 2018 edition...

Sydney is drowning in homes

'Tis the season to be selling homes, and Sydney is becoming flooded; the city’s listings rose 7.5% in November, figures from SQM Research...

Westpac-backed start-up to help banks assess loan applications

Banks in Australia will soon have automated loan assessment processes, thanks to software developed by start-up Basiq. Supported by Westpac and the National Bank...

Victoria-based bank launches loan agreement between parents and children

Bank First has launched First Start SEA, a program that allows parents to act as guarantors for their children in a mortgage. The first-ever...

Recent buyers are becoming anxious about home price changes

The more recently Aussies bought their home, the more worried they are about where the housing market is going to next, a new...

Interest-only loans become a ticking time bomb

Around 900,000 borrowers may have been keeping a time bomb waiting to explode as their interest-only loans shift to principal and interest in...

How food delivery could derail home loan applications

Homebuyers who frequently order food via apps like Uber Eats could be derailing their chances to get approved for a home loan, as...

What is a low doc home loan?

Low-doc home loans, also known as lite-doc or alt-doc loans, are lending solutions for self-employed borrowers. These can be useful for contractors, freelancers...

Sydney rents still unaffordable to many

The latest release of the Rental Affordability Index (RAI) showed that while Hobart outranked Sydney as the least affordable city for renters in...

Victoria leads the auction market this week

CoreLogic’s auction market preview for the week ending Dec. 2 revealed that Victoria led the auction market as many of its suburbs recorded...
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