Got this update this morning.....
Yeah, it's a trap - that newbies and the naive fall for.
However, if you can secure 5-year or more fixed-rate terms when interest is at it's lowest and reduce the loan significantly during this term, you may...
23 results in 0.0022 seconds.
-
Property Industry Update - Australia
-
Residential housing market holds up despite economic gloom
By Maurice Dunlevy - The Australian - May 01, 2009 09:27am
THE housing market kept its head above water in the March quarter, as Australia was sinking into recession.
Data released yesterday by two of the largest property research groups confirmed residential markets were stable... -
Adelaide housing market looks OK.
HOTSPOTTING: Terry Ryder | April 30, 2009
I FEEL better about Adelaide's market than most others amid the downturn. It is taking some bodyblows, like everywhere else, but has defences that will deflect at least some of them.
Where there's life there's hope, and most of... -
Victoria calls for end of stamp duty
Rick Wallace, Victorian political reporter | May 01, 2009
THE states would scrap all stamp duties in exchange for a $20 billion a year share of income tax revenue under a radical revamp of fiscal relations put to the Rudd Government's tax review.
The Victorian Government... -
PM Kevin Rudd confirms boost to first home buyers grant will end
THE Rudd Government is facing mounting pressure to continue its grant scheme for first home buyers, as the Opposition demanded certainty for those looking to enter the market.
Industry groups are warning that now is not the time to end the increased grant because of deep cuts to economic... -
Building association warns axing of home buyers grant could cause job loss
By Jessica Stanic on Thursday, 23 April 2009
The Government’s decision not to extend the First Home Owners Grant beyond the June 30 2009 deadline could have serious consequences for the Australian economy, with the potential to cause substantial job loss.
The Master Builders... -
Government grant leads to inflated housing market
By Jessica Stanic on Tuesday, 21 April 2009
Low interest rates and government grants have led to inflated housing prices according to Adrian Raftery, CEO of accountantsRus.
Raftery says that activities over the last few months have led to unhealthy, yet familiar symptoms as property... -
Banks increase mortgage interest rates
By Jessica Stanic on Tuesday, 21 April 2009
In yet another blow to consumers, the big banks have indicated they will raise their interest rates on fixed rate mortgages, with the Commonwealth Bank announcing they will increase theirs by between 20 basis points and 45 basis points.
... -
Tenants gain as city rent rise halts
By Katherine Jimenez - The Australian - April 16, 2009 12:00am
THE rental market is turning back in favour of tenants, as growth in the average rent for a house across most major capital cities continues to ease.
A combination of more renters looking to buy their own homes... -
Beware of bubble in first-home market
Majella Corrigan | March 28, 2009
FIRST-HOME owners were seen as the saviour of the residential property market. Now they're seen as carrying real risks.
Debate is widespread about whether we are creating our own sub-prime crisis, with first-home prices inflated because... -
It's back to the shack, as flash flats fail to sell
HUNDREDS of apartments in pricey east coast beachside developments have failed to sell, as nostalgic buyers seeking holiday homes instead look for fibro shacks for half the cost.
In Queensland, just 199 new apartments sold in the February quarter compared with 1060 for the previous corresponding... -
Australia headed for housing crisis
There are concerns Australia may be heading for a US-style housing crisis, with thousands of young homeowners risking bankruptcy as a result of the Federal Government's stimulus package.
That's the gloomy warning from the economic expert who predicted the credit problems behind the current...Last edited by Marc; 22-03-2009, 10:35 AM. -
House sales crash as owners stay put
By Sanna Trad and Tim Boreham - The Australian - March 16, 2009 12:00am
HOME sales have plummeted nationally as middle and high-end owners avoid listing their properties as the financial turmoil continues.
While property clearance rates - the proportion of auctioned properties... -
Government resists requests to extend first-home buyers grant boost
THE Government is resisting requests to extend its highly successful increase in the first-home buyer's grant, raising fears of a housing slump once the scheme is terminated on June 30.
A record 26.5 per cent of new home loans went to first-home buyers in January, and the scheme appears to have... -
Industry groups call for Government to extend first home owner grant beyond June
AAP - March 08, 2009 10:45am
THE temporary boost to the first home owner grants should be extended beyond its June 30 cutoff in a bid to support the economy, industry groups say.
Official statistics show the boost, which formed part of the federal government's $10.4 billion...