Entries by bundlepr

New year, new home loan: A guide to refinancing in 2018

Health, friendship and happiness – we assess almost every aspect of our lives in the new year, so why not re-evaluate the loans that are financing our homes? It’s easy to adopt a set and forget policy when it comes to your finances, but it could be that your home loan is lacking relevance to […]

ACCC says mortgage competition ‘less than vigorous’

ACCC chairman Rod Sims: “We do not often see the big four banks vying to offer borrowers the lowest interest rates.” Sean Davey National Australia Bank says it welcomes home loan customers calling to seek discounts to their current mortgage rates, after the competition regulator criticised the major banks for charging higher interest rates to existing […]

Could Australia be mirroring Norway’s house price reversion?

Norway’s house prices are losing ground like Australia’s, adding to concerns that economic growth will be thrown off track and that banking regulators have gone too hard. Both housing markets have started to reverse in recent months, after a period of rapid growth in house prices and mortgage debt. Housing prices fell a seasonally adjusted 0.5 per cent […]

Targeting the right infrastructure can help beat the house price blues

Investors and owner occupiers are looking to counter Australia’s weakening house price market by targeting infrastructure hot spots that can turbo-charge capital growth. And there are plenty of savvy buyers making the most of the strategy. First home buyers Jack Barclay and Madeleine Hodge have just gone through the process of selecting a home based on infrastructure led growth when they were gearing […]

2018: the year getting a mortgage will become harder

National housing prices are officially in decline. There are a couple of issues those in the market for a house and those with a mortgage should be looking at in 2018. The first is, what is the increasing difficulty buyers will have in securing a loan for residential property?  The other is, will there be […]

For most, predicted downturn will be little more than a blip

Sydney property prices are tipped to fall as much as 10 per cent over the next 12 to 18 months by some of the country’s leading property data providers and researchers. Double-digit price falls may sound concerning to home owners who have only ever known rising values, but even this “worst-case scenario” is not a […]

Jobs and housing remain a worry for RBA

The Australian dollar surged to a two-year high after the Reserve Bank delivered an optimistic assessment of infrastructure investment, government spending and household consumption on Tuesday. But concerns about consumers battling with rising electricity prices, underemployment and torpid wage growth were highlighted by the board in the minutes of its July meeting as some of the reasons […]

RBA keeps cash rate at 1.5pc

The Reserve Bank of Australia has kept the official cash rate steady for a 10th straight meeting and signalled it won’t be in any rush to join offshore banks in moving towards near-term interest rate hikes. Board members left the overnight cash rate at 1.5 per cent, where it’s been since last August, as was forecast […]