Annie Kane

‘A third of IO borrowers don’t know they have an IO loan’: UBS

Banking analysts at UBS have suggested that a third of borrowers with interest-only loans “do not know or understand that they have taken out an IO mortgage”.

HOTSPOTS • Thu, 05 Oct 2017

McGrath says Sydney won’t be subject to 40% correction

The founder of McGrath Estate Agents has said that despite the Sydney housing market being “overvalued” compared to other areas, it has “no chance of a 40 per cent ...

HOTSPOTS • Thu, 31 Aug 2017

Sydney market at end of cycle, says McGrath

The founder and executive director of McGrath Estate Agents has said that the Sydney real estate market is 40 per cent “overvalued” and “at least 95 per cent through its ...

HOTSPOTS • Wed, 30 Aug 2017

Nearly a fifth of people turned down for a loan

Eighteen per cent of Australians have been turned down for a home loan by a financial institution and nearly one in 10 have been rejected by a big four bank, according to ...

FINANCE • Tue, 18 Jul 2017

Mortgages ‘not expensive relative to rent’, finds bank

Rental payments are taking up a greater proportion of household income, while mortgage payments remain in line with the historical average, which could boost housing ...

FINANCE • Sun, 15 Jan 2017