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Westpac eases loan rules for self-employed borrowers

Westpac has announced a change to its home loan application process, easing documentation requirements for self-employed Australians. The policy shift reduces the need for two years of financial ... read more

Australian home prices jump in June as interest rates fall, Cotality says

Australia's property prices jumped in June to another record high as rate cuts and expectations of more to come boosted buyer demand in the face of low housing supply, data showed on Tuesday. Figures ... read more

Value of new home loan commitments fall as interest rates rise

Value of new home loan commitments fall as interest rates rise New data from the Australian Bureau of Statistics has revealed the devastating impact of continued interest rate rises. read more

Strong demand for home loans in the eurozone, EU housing prices rise - MSN

Net demand for new home loans continues to grow across the eurozone, according to the latest data released by Europe’s monetary authority. The strong increase, attributed to easing credit ... read more

How To Choose The Best Home Loan For You In 2024 – Forbes Advisor ...

An offset account is a transaction account that is linked to the home loan and acts to offset the amount of interest you pay on your loan. For example, if you have a mortgage of $500,000 and you ... read more

Rising prices to drive demand for LMI relief - Granite

In July, Granite increased maximum loan amounts for Lender Paid LMI from $2 million to $2.5 million, and extended the maximum loan term from 28 years out to 30 years. Socratous said the enhancements, ... read more

Australia Retail Sales Rise Marginally in May, Boost Hopes for Rate Cut

Data from the Australian Bureau of Statistics (ABS) on Wednesday showed retail sales rose 0.2% in May from April, when they were flat. The outcome was short of market forecasts of a 0.4% increase and ... read more

Canstar: Home loans rise just before Christmas | news.com.au ...

Unwanted Christmas gift: Home loans rise just before Christmas Aussies are being slugged with an unwanted Christmas gift of higher home loan repayments, fresh figures show. read more

Australian Home Prices Rise at Weakest Pace in Almost Two Years

Home prices fell in Sydney and Melbourne while a gauge of Australia-wide values rose at the weakest pace in nearly two years as mounting affordability concerns soured buyer demand. read more

Mortgage demand rises to the highest level in over a month, after ...

Mortgage rates rose very slightly during the holiday-shortened week, but mortgage demand took a significant leap higher. read more

Mortgage demand drops as interest rates rise, economy remains resilient

Mortgage applications have declined for two straight weeks, counteracting recent positive signs for a still-sputtering housing market. read more

With interest rates on the way down, could house prices boom? Here’s what research suggests

With the Reserve Bank of Australia easing monetary policy, interest rates are on the way down. Already this year, mortgage pre-approvals had begun to rise, suggesting many aspiring home buyers are ... read more