Recent data from CoreLogic’s Housing Chart Pack reveals that property values have fallen in nearly a third of Australian suburbs over the last quarter. Today’s update. Australian Suburbs’ Values Fall in Q2 2024 • Nearly 30% of Australia’s 3,655 suburbs are experiencing price decline, with most decreases concentrated in four major cities. • …
Why Prices Are Rising This Spring and What It Means? Read More »
ANZ is making waves in the home loan market by broadening the eligibility for its low-rate digital-only ANZ Plus home loan. Today’s highlight ANZ Plus Expands Eligibility Criteria for Home Loans • ANZ Plus, a digital banking initiative by the big four banks, has expanded eligibility criteria for its app-based home loan product. • …
ANZ Makes It Easier to Qualify for Its Low-Rate Digital-Only Home Loan Read More »
Today’s update Australian Home Loan Rate Cuts • NAB-owned ubank and CommBank-backed Bankwest have lowered advertised home loan rates by up to 73 basis points. • ING and Macquarie also joined in, slashing variable rates and unveiling a new market-leading fixed rate. • The rate cuts come as new data from the ABS shows …
Ubank’s research shows that despite challenges, young Australians remain hopeful about owning a home. Over half aim to buy within five years. However, high prices, saving difficulties, and rising interest rates pose major obstacles. Updates for today. Millennials and Gen Z in Australia Aim for Home Ownership • Ubank’s research shows that despite challenges, …
Millennials and Gen Z Still Dreaming of Homeownership Read More »
Inflation has eased by 0.3 percentage points compared to June levels of 3.8%, this has stoked speculations for cash rate cuts by RBA sooner amongst mortgage holders, however, economists feel otherwise. Interestingly, deep diving into statistics revealed that while the costs of financial services and education remained unchanged from their June Levels, inflation in F&B …
Latest ABS Data reveals – CPI levels decreased for July to 3.5% Read More »
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