16 ways the government should tackle housing affordability: report

Think property prices have gone a little bonkers? You’re not the only one. Which is why a report with 16 recommendations to tackle housing affordability has just been plonked on pollies’ desks in Canberra. Today we’ll run through them for you (succinctly, we promise).

Continue Reading16 ways the government should tackle housing affordability: report

What’s your debt-to-income ratio? And why do lenders care about it?

New data from the lending watchdog reveals almost one in four new mortgages are risky. How are they deemed risky? Well, it’s got something to do with your debt-to-income ratio, which we’ll explain in this week’s article.

Continue ReadingWhat’s your debt-to-income ratio? And why do lenders care about it?

Flood victims can defer loan repayments for up to 3 months

Home and business owners impacted by the floods in New South Wales and Queensland can apply to their lender for a three-month loan deferral or reduced payment arrangement. Here’s how to apply if you or someone you know has been impacted.

Continue ReadingFlood victims can defer loan repayments for up to 3 months

Which two capital cities might have just hit their property price peak?

It’s a three-speed property market across the country right now, with two capital cities showing signs prices might’ve peaked, three cities looking like they could soon peak, and three still going strong. How is the market performing in your neck of the woods?

Continue ReadingWhich two capital cities might have just hit their property price peak?

Fixed rates on the rise, as CommBank tips a June cash rate hike

Hold onto your hats, things are about to get a little bumpy. Economists from Australia’s biggest bank are predicting the Reserve Bank will raise the official cash rate as early as June - and we’re already seeing fixed interest rates increase significantly.

Continue ReadingFixed rates on the rise, as CommBank tips a June cash rate hike

Why are houses becoming so much more expensive to build?

Construction costs just rose at the fastest annual pace since 2005. So why is it getting so expensive to build your own home? Today we’ll look at the materials that are becoming more expensive and why all homeowners should take note - not just renovators and builders.

Continue ReadingWhy are houses becoming so much more expensive to build?

Which cities are expected to have the biggest price growth in 2022?

National property prices are predicted to rise by up to 9% in 2022, according to REA Group, but which cities are tipped to lead the way in price growth this year? Let’s take a look.

Continue ReadingWhich cities are expected to have the biggest price growth in 2022?

Borrowing soars: average loan up almost $100,000 in 12 months

How much do you need to borrow to buy a typical Australian home these days? Well, the average loan size has increased dramatically over the past year - up almost $100,000.

Continue ReadingBorrowing soars: average loan up almost $100,000 in 12 months

End of content

No more pages to load