As read in MortgageBusiness Online -New data reveals that property owners are slowly but surely turning away from interest-only (IO) loans and towards principal and interest (P&I). Exclusive data from uno Home Loans shows that both investor and owner-occupier borrowers of IO loans have been declining over the last six months, which according to a […]
As read in Mortgagebusiness Online – Core buyer sentiment remains weak across Australia despite three months of improvement, while first home buyers are at the “pointy end” of affordability problems, says Westpac. In its August Housing Pulse document, the major bank noted that sentiment and lead indicators point to a “material slowdown” with turnover also showing renewed […]
As read in The Adviser online -New research shows that more Australian investors are choosing to sacrifice their lifestyle in order to buy properties. According to Mortgage Choice’s Investor Survey, 71 per cent of property investors had to make lifestyle sacrifices so they could buy residential properties, up from 69.4 per cent last year and 68.1 […]
As read in the Australian Broker Online -The demand for fixed rate mortgages has moved upwards to its highest level in more than three years, according to new research. The latest national home loan approval data from Mortgage Choicefound that fixed rate home loans made up 29.63% of all loans written throughout July. “This is the […]
As read in The Aust Broker Online – Greater numbers of home buyers are preparing for mortgage rates to increase over the next 12 months with 61% believing that rate hikes are imminent. These figures come from the latest bi-annual HomeStart Finance Indexwhich measured home buyer sentiment amongst more than 200 people. The research also found […]
