The Commonwealth Bank has slashed principal-and-interest rates for owner-occupiers and increased interest-only rates as pressure on investors builds.
Our latest Real Estate Guide couldn’t have come at a better time, as the federal budget announced a number of initiatives to improve housing affordability and make property more accessible.
As banks tighten their lending policies and it gets harder to access loans, here’s what you need to know to boost your borrowing power.
With property markets peaking (and slightly deflating in Sydney and Melbourne), what should property owners expect next financial year?
Westpac is the latest lender to put up interest rates, increasing pressure on interest-only borrowers.
Debt is not necessarily a bad thing – it is the type of debt that matters. And what is really sad is that our modern “have it now” society is driving the worst form of debt, writes Paul Clitheroe.
The days of cheap, plentiful lending for investment properties are ending, writes Effie Zahos
There’s now a way to claw back part of the commission you pay when you take out a home or investment property loan.