The figures also show the average home loan value has increased
“[We] will continue to service this borrower type well into the future.”
The data showed a historic low for May’s non-conforming loan arrears
The non-major has announced it is closing more than two-thirds of its east coast branches
Rents are dropping by as much as $1,000 per week in some high yield mining areas, and lenders are likely to follow CBA’s lead in lowering rental yield caps.
An increase in prices for financial services was a desired outcome for the RBA following tighter regulations in the sector.
Stamp duty tax can be a significant deterrent for first home buyers - but should it be done away with entirely?
Brokers need to keep an eye on proposed strata title law reforms and how they might impact an investor-driven market, says Housenet CEO Darren Moffatt.
Find out which suburbs have the highest mortgage repayments in the country - and which are growing fast.
One property industry association has created an online feature enabling investors to locate brokers, financial planners and other financial service professionals