Downsizers are tipped to take advantage of ‘the perfect storm’ and get the most out of the property market this year, predicts the national body representing professional buyers’ agents. With softer lending conditions and strong property prices tipped for 2020,...
Once upon a time you were rewarded for loyalty. But borrowers with older mortgages are typically paying a higher interest rate than customers on new loans, confirms the Reserve Bank of Australia (RBA). The RBA’s study finds that the difference in interest rates...
Non-major lenders have started offering another 5,000 slots for the First Home Loan Deposit Scheme, which allows first home buyers to purchase a property with a deposit of 5% without having to pay Lenders Mortgage Insurance (LMI). The scheme, which is overseen by the...
Tens of thousands of Aussies have an extra reason to love Valentine’s Day this year, with their credit scores set to jump after civil court filings disappear from their credit file. According to consumer and financial law firm MyCRA Lawyers, the change will allow some...
Properties with high energy-efficiency ratings typically sell for up to 10% more, a review of international research shows. The review, which was conducted by the University of Wollongong, compiled research undertaken in 14 countries and included data from the...
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