News Feed
Latest Real Estate News
| 02 Dec 2008 - Interest Rates Drop by another 1% | Read more |
Reserve Bank of Australia’s (RBA) decided today to reduce official
interest rates by a further 1.0% today, taking the total cuts since September to 3.0%.
interest rates by a further 1.0% today, taking the total cuts since September to 3.0%.
| 02 Dec 2008 - House prices shouldn't crash: RBA chief | Read more |
Australia's house prices will soften but should not crash because of the world economic crisis, Reserve Bank governor Glenn Stevens says
| 02 Dec 2008 - Rental scheme gets green light | Read more |
Affordable homes by Christmas?
| 01 Dec 2008 - All home loan borrowers now better off | Read more |
Rating agency Fitch Ratings has issued a report on mortgage delinquencies (www.fitchratings.com). A key finding of the report is that “all vintages (of loans) are currently better off from a serviceability point of view than they were when the borrower originally took out the loan.”
| 29 Nov 2008 - Buyers forward-dating contract to get extra grant money | Read more |
House buyers are allegedly faking contracts to illegally claim the boosted first-home grant, and some dodgy real estate agents are encouraging them.
| 26 Nov 2008 - Exposing mortgage myths | Read more |
With the boost to the First Home Owners Grant, it is wise for all home buyers to ensure they don’t make mistakes when it comes to buying property.
Here are the top 12 mortgage myths that are of concern to Australian home owners and potential home buyers:
Here are the top 12 mortgage myths that are of concern to Australian home owners and potential home buyers:
| 25 Nov 2008 - First home buyers on the increase | Read more |
Unsurprisingly, the first home buyers segment of the market is showing signs of life after the Government’s stimulus package.
| 23 Nov 2008 - Real estate market has hit bottom, only way is back up | Read more |
Two of Australia's biggest residential developers have called the bottom of the housing market, saying some life should return to the troubled sector next year.
| 23 Nov 2008 - Westpac revises down RBA rate forecast to 3.5% | Read more |
Westpac Banking Corp has revised down its interest rate forecast.
It now sees the Reserve Bank of Australia (RBA) cash rate falling to a low of 3.50 per cent, instead of four per cent, next year.
It now sees the Reserve Bank of Australia (RBA) cash rate falling to a low of 3.50 per cent, instead of four per cent, next year.
| 22 Nov 2008 - How to buy (for less) after an Auction | Read more |
When we read in the paper that a property has sold at auction, most of us probably assume it went off "under the hammer".
But experts say most properties listed as "sold at auction" are passed in and sold later ( for much less) after negotiation.
But experts say most properties listed as "sold at auction" are passed in and sold later ( for much less) after negotiation.
| 22 Nov 2008 - Positive Cash Flow Properties on the rise as rates decrease | Read more |
Positive cash flow properties are becoming more and more common as interest rates fall and rental rates continue to rise.
| 20 Nov 2008 - SELLERS - DON'T BUY UNLESS YOU SELL FIRST | Read more |
What should you do in this market if you are thinking of selling?
Many home-owners face a similar dilemma. When it's time to make a move, they don't know whether to buy first or sell first.
Many home-owners face a similar dilemma. When it's time to make a move, they don't know whether to buy first or sell first.