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Luxury homes lose lustre as sales decline

Australia's luxury home segment has been feeling the impact of the overall housing downtrend, recording a decline in values and sales over the...

How long does it take to move into a house after closing?

When you make an offer on a house, the real estate agent will ask you for two dates: a closing date and an...

NAB unveils new perks for home loan borrowers

As part of its efforts to help property hunters to enter the housing market, the National Australia Bank (NAB) announced that it will...

What is a reverse mortgage?

A reverse mortgage is a type of home loan that is specifically designed for pensioners and retirees who are typically 'asset rich' but...

New platform improves borrower experience

Mortgage Choice has announced that its franchises across Australia are now using the company’s new cloud-based Broker Platform. This allows them to write...

Australia sees deepest cut in new lending since 2010

If the new figures from the Australian Prudential Regulation Authority (APRA) are anything to go by, home-seekers were not interested in purchasing homes...

How financial literacy can help first home buyers

While first home buyers (FHBs) in Australia may seem confident about their financial decisions, it is still necessary for them to fully grasp...

Interest-only borrowers are making the switch

Property and homeowners are starting to convert their interest-only loans to principal and interest despite still having ample time to enjoy lower upfront...

How long does home loan approval take?

The time it takes to get a home loan approval can vary widely as there are many parties involved in the application process....

Sydney’s housing downturn makes RBA anxious

The continued slump in Sydney's housing prices has just become the Reserve Bank of Australia (RBA)'s biggest worry. Will this force the central...
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