Baby Boomers drove home renovations prior to HomeBuilder and COVID-19 A new survey has revealed baby boomers accounted for nearly half of renovating homeowners in 2019. By Alex Brewster ● August 11, 2020
Bank of Us, Bank First slice home loan rates In the past week, lenders such as Bank of Us and Bank First cut home loan rates by up to 64 basis points, as two others broke the 2.00% p.a. barrier. By Harrison Astbury ● August 07, 2020
Two lenders introduce new sub-2% home loans Easy Street Financial Services and Community First Credit Union introduced home loans with advertised rates below 2.00% p.a, but each are slightly different. By Harrison Astbury ● August 06, 2020
Less than one in 10 renters impacted by COVID-19 were granted rent reductions Fewer than 10% of renters who lost income thanks to coronavirus received a satisfactory rent reduction, new survey data shows. By William Jolly ● August 06, 2020
Housing finance rebounds in June after fall in May The value of new loan commitments for housing rose 6.2% in June, seasonally adjusted, after a sharp fall of 11.6% in May. By William Jolly ● August 05, 2020
RBA holds cash rate at 0.25% for August Australia's central bank has held the cash rate at 0.25% for the fifth consecutive month. By Alex Brewster ● August 04, 2020
One in ten home loans deferred, amounting to $195bn Data from the prudential regulator released today reveals 11% of home loans have been deferred to the value of $195 billion. By Harrison Astbury ● August 04, 2020
Will the RBA change the cash rate in August? Australia's central bank meets again today to discuss the possibility of a change to the cash rate. By Alex Brewster ● August 04, 2020
Australian house prices fall for third straight month Australian median housing values fell by 0.6% nationally in July, according to the latest CoreLogic home value index. By Alex Brewster ● August 03, 2020
How accurate were Australians' COVID house price predictions? Most Australians predicted property prices would fall in 2020 back in April, but a fair chunk of them were well off the mark, according to new data. By William Jolly ● July 31, 2020