Latest Property Investment News

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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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Finance • 08 NOV 2010

Rate hike hurts buyer confidence

Last week's interest rate rise has scared off home buyers as auction clearance rates plummeted in both Sydney and Melbourne.

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Finance • 08 NOV 2010

Govt to pursue bank on exit fees

The government is expected to outline the formal definition of the word “gouging” this week, which will help prosecute banks that are caught charging unfair exit...

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