Endangered first home buyers in crosshairs

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The September quarter edition of the Adelaide Bank/Real Estate Institute of Australia Housing Affordability Report shows a slight decline in housing affordability nationally with the proportion of median family income required to meet average loan repayments increasing by 0.1 percentage point to 29.5 per cent. Compared to the corresponding quarter in 2015, the figure decreased […]

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Property still hot for investors with growing number of Australians owning investment homes

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According to ING DIRECT’s latest Financial Wellbeing Index, property still holds strong appeal for investors with one in every five (20%) Australians saying they own an investment property. Despite tightened investor lending and signs that the property market is slowing, investor demand has continued to grow with the number of Australians investing in property growing […]

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Housing affordability sees an improvement

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The June quarter edition of the Adelaide Bank/Real Estate Institute of Australia Housing Affordability Report shows an improvement in housing affordability nationally with the proportion of median family income required to meet average loan repayments decreasing by 0.6 percentage points to 29.4 per cent. Compared to the corresponding quarter in 2015, the figure decreased by […]

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SQM Research housing stock on the market and median asking prices

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The number of Australian residential property sale listings decreased in all capital cities during the month of August 2016. The number of national residential property listings fell as a result of decreasing stock, with August recording just 333,123 listings, a fall of 4.3 percentage points. The year on year results indicate that national sales listings […]

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LoanDolphin exceeds $100m in home loan auctions

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LoanDolphin, Australia’s leading loan bidding platform, has reached a significant milestone with more than $100 million worth of home loans through its platform. LoanDolphin launched in February 2016 and the $100 million mark was surpassed August 2016. LoanDolphin is a free online platform for people to refinance or obtain new home loans at rates not […]

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First home loan size drops as house prices ease

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A drop in the number of home loans taken in January and a big fall in the average loan size taken by first home buyers given falling or easing house prices highlights the prospect of greater home loan affordability in 2016, according to the head of banking business act., Amanda Watt. Over the month of […]

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Leveraged tops for overall satisfaction in margin lending

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The release of the latest Investment Trends Margin Lending Report surveying financial planners has been welcomed by David Arnold, Head of Leveraged. Leveraged took the lead in both planner satisfaction (up 30% from 2014) and advocacy (up 26%), after making significant gains in both measures over the last 12 months. The proportion of financial planners […]

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Home loan value reaches record $1.46 trillion

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A rise in the proportion of first-time home buyers in the market in December as well as a jump in home loans being taken out by owner occupiers could indicate housing is becoming more affordable given softer conditions in property markets, according to the head of banking business act., Amanda Watt. Over the month, the […]

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Casting mortgages in a new light

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Contributory mortgage funds have addressed the problems which have affected the pooled mortgage funds of the past, and offer excellent income opportunities for investors, said Roy Prasad, head of mortgages at Australian Unity. A contributory mortgage is when one or more people contribute, as lenders, to the loan. Rather than having all investors registered on […]

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In a hot property market, do your homework before you get a mortgage

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The property market is heating up. So even before you start looking for a property to buy, get your finances in order to determine how much you will be able to borrow, says George Lucas, Founder of ‘Wealth Know How’. It’s important to get basics in order before investors make one of their biggest purchase […]

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