New stamp duty exemption to save NSW first home buyers more than $24,000
NSW first home buyers will benefit from new measures announced today, including stamp duty exemptions on new and existing homes worth up to $650,000.
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Australian property bubble burst could be a reality after credit ratings slide
Sometimes all it takes is a drop in credit ratings along with slow auction clearance rates for the housing bubble debate to flare up again - and that’s exactly what’s circulating in the media as winter approaches.
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Rate cuts for P&I home loans; interest-only rates continue to climb
In the midst of rate hikes and tightened regulations for interest-only and investment loans, there is some good news to be found for a different subset of borrower - owner-occupiers making principal and interest repayments.
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Regional property hotspots: can they rival the Sydney city market?
Sydney has long been the top property market in Australia, with booming house prices and demand far outstripping supply. But the housing market is showing significant growth outside our capital cities as well, revealed a new report from the Housing Industry Association.
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NAB quadruples deposit requirements for interest-only mortgage lending
As regulations continue around the tightening of interest-only lending, NAB has raised deposit requirements on its interest-only loans.
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Online lenders dominate 2017 Mozo Experts Choice Home Loan Awards
Mozo has announced the results of its annual Experts Choice Home Loan Awards this week, and found that nearly two-thirds of the Low Cost Award winners were online lenders.
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Foreign investors or low housing supply: what’s driving high Sydney property prices?
In the face of soaring property prices in Sydney, the majority of Sydneysiders are blaming foreign investors - but experts say housing affordability is a much more nuanced issue than that.
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$4 coffee guy gets smashed by avocado loving millennials
Property developer Tim Gurner, who told 60 Minutes that Australian millennials need to stop buying $4 coffees and travelling if they want to buy homes, has now received considerable backlash on social media.
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Sydney and Melbourne property clearance rates bounce back: will it last?
Clearance rates in two of Australia’s biggest property markets, Sydney and Melbourne, were strong over the weekend, but are likely to trend downwards in the coming quarter, according to Mozo’s property expert, Steve Jovcevski.
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UBank launches RoboChat - Australia’s first virtual home loan assistant
Online banking provider UBank has today unveiled the newest member of its customer service team - RoboChat, Australia’s first artificially intelligent virtual assistant for online home loan enquiries.
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