As read online – The ratings agency has warned that a further tightening in lending standards could limit borrowers’ ability to reduce financial stress by refinancing their home loan. In its RMBS Arrears Statistics: Australia report, Standard & Poor’s (S&P) noted that it expects lending standards to tighten further in the wake of the Royal Commission into […]
As read in the Aust Broker Online – Around 95% of first home buyers are potentially delaying or missing the opportunity to get into the property market by not including a guarantor on their home loan. According to research from Mortgage Choice and CoreDate, only 4.9% of first home buyers said they used a guarantor to purchase […]
As read in The Adviser Online -First home buyers will be the largest contingent of borrowers taking out a mortgage in the next year, new research has suggested. Nearly a third (30 per cent) of consumers taking out a home loan in the next year will be first home buyers (FHBs), according to an Aussie Home […]
As read in MortgageBusiness online – The Budget 2018–19 has been released, with the Treasurer announcing a range of changes, tax cuts and new initiatives for the year ahead. The Honourable Scott Morrison MP, Treasurer of the Commonwealth of Australia, released the Budget 2018–19 on Tuesday evening (8 May), outlining the measures that the Turnbull government will take […]
As read in Aust Broker Online – People are renovating over buying a new home as the cost of moving becomes too much, according to renovators and property experts. Reasons for this are being blamed on stamp duty and the current housing market conditions. Renovation expert Dr Naomi Findlay said she expects a renovation boom […]
