The Changing Landscape of Mortgage Rates The Australian housing market is witnessing a significant shift as the era of sub-6% home loan rates fades away. The Reserve Bank of Australia's (RBA) recent rate hikes, including a notable increase to 4.35% [...]
The Rising Tide of Home Loan Rates: What You Need to Know In a significant move impacting homeowners and investors alike, several Australian banks have announced increases in their home loan rates. UBank, ME Bank, Macquarie, and Liberty are adjusting [...]
Australia's real estate market, vibrant earlier this year, is experiencing a cooling trend with more homes listed for sale this spring. The successful auction rate had peaked at 77.2% in June but fell to 64.5% by September, as per Domain [...]
The proportion of income that households allocate to mortgage repayments is predicted to surge, according to the Reserve Bank. This will force many to utilize their savings to manage escalating living expenses. The RBA's assistant governor for financial markets, Chris [...]
Victoria has recently introduced a contentious 7.5% levy on short-stay accommodations provided by platforms such as Airbnb. The move is part of a broader strategy aimed at addressing housing concerns in the region, but it has garnered mixed reactions from [...]
