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Latest News

Home Loans

Home Loan RBA Rate

While economists have been divided on whether a cash rate cut was to be expected this afternoon, the odds for an alteration ahead of today’s meeting were the highest they’ve been since the rate last moved in August 2016.

Home Loans

Home Loans Down

The number of home loans is down on the previous year in all but two of the states and territories, according to the latest State of the States report from CommSec.

General

CBA Out For Profits, Not Consumers

I was surprised to see the CEO of the CBA state he wanted a flat fee for service for Mortgage Brokers. This is a clear example of offering up a Scape Goat.

General

Brisbane House Prices Are Continuing To Grow With New Figures Revealing They Have Hit A Record High

Brisbane’s housing prices have hit a record high with new figures revealing the median had now hit $670,000.

General

Over Supply of Brisbane Units

Lendlease says Brisbane’s unit oversupply will peak this year and is bracing for rising defaults on settlements in the short-term as buyers fail to complete purchases.

General

Unit Discounts

The oversupply problem in Brisbane is heating up, with the Queensland Treasury now warning its apartment market could take a turn for the worse, especially if the bigger Sydney and Melbourne markets begin to falter.

General

Property Prices Cooling

The latest housing finance figures from the Bureau of Statistics released on Tuesday show that investors continue to flee the housing market, but owner-occupiers are also taking out fewer mortgages than they were a year ago.