Latest Property Investment News

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Hotspots • 12 NOV 2010

Australian property prices tracking along

Property values across Australia’s capital cities have increased by an average of 40.5 per cent for houses and 42.2 per cent for units over the last five years.

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Finance • 11 NOV 2010

Borrowers turn to smaller lenders

People seeking home finance are increasingly turning to smaller lenders because they can often secure a better deal.

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Hotspots • 11 NOV 2010

Good time to buy: St George

Sydney property prices have returned to 2004 levels, despite some suburbs seeing median house prices jump by almost 50 per cent on the last 12 months.

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Finance • 11 NOV 2010

Home loan applications drop

Home loan applications fell by almost 24 per cent in the three months to September 2010, new research has found.

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Finance • 11 NOV 2010

ANZ hikes rates, slashes fees

ANZ has become the second bank in as many weeks to move out of cycle with the RBA.

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Finance • 11 NOV 2010

ASIC cracks down on mortgage exit fees

The Australian Securities and Investments Commission (ASIC) has released a new set of guidelines on lenders’ mortgage exit fees which should, in theory, reduce the...

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Hotspots • 10 NOV 2010

It’s a buyer’s market: buyers agency

Melbourne house hunters would be well placed to buy property in the next six to 12 weeks, while market conditions still favour the buyers.

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Hotspots • 09 NOV 2010

Exit fee ban might not be the answer

The Commonwealth Bank’s move to raise mortgage rates by 20 basis points more than the Reserve Bank of Australia’s (RBA) hike last week has sparked a major push to...

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Hotspots • 09 NOV 2010

ING DIRECT offers cash to switch

ING DIRECT has thrown down the gauntlet to the major banks, offering borrowers a cash incentive for switching banks.

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Hotspots • 08 NOV 2010

Exit fees on the chopping block

Speculation is mounting that banks will soon remove mortgage exit fees – making it easier for unhappy borrowers to switch loans.

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