The value of new mortgage borrowing is continuing to increase, as more buyers enter the market and property prices – and therefore loan sizes – keep rising. Borrowers committed to $26.40 billion of home loans in February, according to the most recent data from the Australian Bureau of Statistics. That was 1.5% higher than the…

Australians purchased 5.3% more new homes in February than the month before, according to the Housing Industry Association (HIA). However, HIA chief economist Tim Reardon said this increase was off a “very low” base. Based on the number of new homes being approved for construction and purchased, he forecast there would be a decade-low amount…

We are pleased to support your fundraising efforts during the 2024 Phats Charity Ride by providing a donation of up to $1,000 to the Man Cave if we refinance your home loan, investment loan or SMSF loan – here are the details: To find out more, connect with us and include PhatsManCave24 in the comments.

First home buyers are able to enter the market a little faster than a year ago, new research has found. At a national level in February, it took 4 years 9 months for a first home buyer to save a 20% deposit on an entry-level house, compared to 4 years 11 months the year before.…

New research by the e61 Institute and PropTrack has revealed there’s been a significant increase in relative stamp duty costs in recent decades. Back in the early 1980s, buyers in Sydney, Melbourne, Brisbane and Adelaide needed to do about one month’s work to cover the cost of stamp duty, assuming they purchased a median-priced property…