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Banks are witnessing worsening home loan arrears

Some of the biggest loan providers in Australia are seeing worsening home loan arrears as rising costs and muted income growth burden households. One...

Interest only loan conversions may lead to increase mortgage delinquency

The recent Moody’s report on Australian RMBS market revealed that the 90 days past due delinquency rate for mortgages which had been transformed...

Why CBA is not likely to hike home loan rates

As funding costs spur fears of Australia’s biggest banks hiking interest rates, some experts believe that the Commonwealth Bank of Australia will have...

Downsizing is fast becoming the only option for debt-ridden retirees

For many debt-ridden households on the precipice of retirement, downsizing is the only way to go. In a statement, BIS Oxford Economics residential property...

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...

What could trigger a housing market crash in Australia?

It is without a doubt that the market is spiralling down as prices continue to decline particularly in Sydney and Melbourne. While the expectation...

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...

Australian home prices speed downward

Australian property prices have recorded the steepest fall since 2011, after seeing a 0.6% month-on-month negative growth in July. According to CoreLogic, the recent...

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...
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