Commonwealth Bank-owned Bankwest is slashing its three-year owner-occupier mortgage rate as lenders chase an ever decreasing number of suitable home loan customers. The Perth-based lender will cut its principal and interest rate for owner-occupiers by […]
Scott Morrison isn’t sure if his plan to help some Australians buy their first home more easily will increase house prices. But the prime minister is confident the scheme won’t push prices lower, arguing the […]
The value of new home loans fell 3.2 per cent in March, more than wiping out the previous month’s 2.2 per cent rise. The value of mortgage lending excluding refinancing was 18.4 per cent lower […]
Construction jobs dwindled in April as house building activity contracted for the ninth month in a row, according to an industry survey. The Australian Industry Group/Housing Industry Association Performance of Construction Index (PCI) report also […]
The number of homes put on the auction block over the weekend crept up compared to the previous week but remained low when viewed alongside the numbers from a year ago. CoreLogic’s preliminary count released on […]
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