This Week In Real Estate: Banks Slash Loan Approval Times
This Week in Real Estate: Property news that you can trust Banks Slash Loan Approval Times The four big banks have taken drastic measures to reduce home loan approval times to support the booming residential property market. Major lenders are now claiming turnaround times of two days, at most, for straightforward loans. This increased pace […]
This Week In Real Estate: Rising Market Pleases Federal Government
This Week in Real Estate: Property news that you can trust Rising Market Pleases Federal Government The Federal Government says it is “very pleased” that high consumer confidence is leading to a “strong housing market” and remains unconcerned about rising debt levels. The Reserve Bank has warned that optimistic borrowers may lead to a debt […]
This Week In Real Estate: 90% Have Sold For A Profit
This Week in Real Estate: Property news that you can trust No APRA Concerns On Market The prudential regulator sees no need to place restrictions on borrowing to buy real estate and it has the support of one of the major banks. Westpac chief executive Peter King has backed APRA’s resistance to curtailing home lending, saying […]
Why Equity Really is King
Equity is King So you bought your first home, got a home loan, you’re paying your mortgage in monthly instalments, and everything is ticking along smoothly. You will own your home outright – in a few decades. But you don’t have to wait that long to buy your second property and start building a property […]
This Week In Real Estate: Stockland Tips Lasting Property Sales Boom
This Week in Real Estate: Property news that you can trust Vacancies Tight In Most Cities Vacancy rates remain below 1% in five of the eight capital cities and are 1.5% in Brisbane, according to the monthly report from SQM Research. Above-average vacancies in Sydney and Melbourne mean the national average rate remained at 2% […]