The newly released data also reveals that the percentage of mortgage holders has also decreased since the last census was taken
While this downward trend is mainly due to lower interest rates, borrowers still remain “very sensitive” to future rate changes
Nine out of 10 people who sold their property during the first quarter this year brought in a profit, new research has found
A new study has found that households with higher levels of debt are more likely to borrow more as house prices rise
The chance of finding affordable housing in Australian capital cities is becoming almost impossible, data reveals
CBA says that mortgage brokers play a key role in ensuring a healthy and competitive market for consumers
Australia is amidst a severe property bubble and it can’t be ignored, warns Lindsay David, the author of Australia: Boom to Bust. But not everyone is worried.
As the deadline for second round submissions to the Financial Services Inquiry closed this week, small banks bound together in their fight for a “level playing field” in the mortgage lending market.
A downward trend in new home sales has emerged for the year ahead, as sales dropped off a little in July
Subprime mortgages wreaked havoc on the US economy and contributed to the global financial crisis but the subprime mortgage market in Australia is gaining traction