Confidence Keeps Rates on Hold
Ongoing confidence in the housing market and falling unemployment are the likely reasons behind the Reserve Bank’s decision to leave the official cash rate on hold this week. Mortgage Choice [...]
FOMO Drives FHBs To Act
The ‘fear of missing out’ is driving the first-home buyer’s property market, according to ME Bank Quarterly Property Sentiment Report. Around 51% of first-home buyers say they intend to buy [...]
Older Aussies Apply For FHB Grant
Many of those applying for the Federal Government's new First Home Loan Deposit Scheme are single and aged over 35. New figures from the National Housing Finance and Investment Corporation [...]
Multi Generations The New Norm
Increasingly, several generations of Australian families are living together under the same roof. Social demographer Mark McCrindle says there are several reasons for the lifestyle choice. “Younger generations are either [...]
Borrowers Return To The Market
Mortgage lending rose 25% in NSW, 19% in Victoria, 17% in each of Qld and SA, and 2% in WA during the last Quarter of 2019. Mortgage brokers attribute the [...]
