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Borrowers bargaining for better mortgage deals

December 16, 2017

  A new survey has found that a third of Australians have successfully negotiated a better deal on their mortgage. The survey by finder.com.au revealed that 33 per cent of the 1,286 respondents managed to successfully bargain for a lower interest rate on their home loan. From the 43 per cent of home owners that […]

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Looking for love: The best places to swipe right in Perth

December 16, 2017

With nearly one in four West Australians living alone, suburbs that offer lifestyle, amenities and accessibility are a lure to these singles. Living in or near a city means shops, bars, restaurants, and cultural and leisure activities are all within reach and the type of housing stock usually suits those who live alone. Single people […]

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Bank of Mum and Dad is fifth largest lender in Oz

December 16, 2017

A new member has officially joined the Big Four, becoming Australia’s fifth largest bank, according to Douglas Driscoll, CEO of Starr Partners. “I’m talking about the Bank of Mum and Dad,” he said. “We are encouraging first-home buyers to enter the market, but with escalating prices, it is more difficult than ever.” Lenders are generally […]

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Tic:Toc to undercut broker distribution in white label play

December 16, 2017

Mortgage brokers are facing a double threat from online lender Tic:Toc, which is seeing a surge in demand from consumers and interest from banks and non-bank lenders looking for cheaper distribution. Tic:Toc promotes its quick turnaround times and convenience. The group only offers its own branded mortgages, which it says can be approved within 22 […]

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Australia set for housing oversupply by 2018: BIS Shrapnel

December 6, 2017

A leading economic forecaster is warning that Australia’s housing shortage could evaporate by 2018, putting downward pressure on property prices. Many analysts argue a persistent housing shortage over the past decade is responsible for stubbornly high Australian home prices, which are much more expensive that most other developed nations. However, economic and property forecaster BIS […]

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