Real estate has won the popularity ‘tug-of-war’ against bank deposits, according to a St. George Bank report. The bank’s quarterly report on household financial conditions found household savings directed towards property lifted 25.9 per cent during the September...
Another big four bank has followed Westpac in hiking its variable rates. CBA today announced that its Standard Variable Rate will increase by 15 basis points, to 5.60 per cent for owner occupied home loans. Investment Home Loan Standard Variable Rate will increase by...
Anish Prasad has been acknowledged in THE ADVISER for his achievements for Top Broker for 2014 and 2015 and has been inducted into APF’s Platinum Club. Australian Property Finance (APF) has celebrated the achievements of its top brokers at an annual awards night...
When purchasing a property many people head straight to their bank for their home loan without knowing they could be missing out on substantial benefits from using a Mortgage Broker. When shopping for a home loan there are countless reasons why using a broker can pay...
A leading economist has warned that owner-occupier mortgages could face the same price hikes as investor loans, putting pressure on the central bank to cut rates. AMP Capital chief economist Shane Oliver told Mortgage Business that while the effects of rate hikes on...
The Reserve Bank of Australia has warned that rising property prices are creating risks in the economy and are unlikely to improve the wealth of nation. In an address to the 54th Shann Memorial Lecture in Perth yesterday, RBA deputy governor Philip Lowe outlined the...
