AAP It is estimated that around 469,000 households will be suffering mortgage discomfort by December and the number of those in severe stress (facing a potential sale, foreclosure or forced refinance) could be as high as 267,000. How can at-risk borrowers stay out of trouble, save money and own their property sooner? Spokesperson for Mortgage …
Sea-change locations weigh heavily on Australian property market
According to Terry Ryder, the underperformance of sea-change locations is one of surprise features of the residential market. Many investors assume that Australia’s fondness for the beach and the ocean — and the population drift it creates — would logically translate into superior capital growth. But in many cases it does not. The two worst-performing …
Gosnells one of 12 fringe hotspots set to boom
According to this month’s Australian Property Investor magazine Gosnells is an outer suburb where prices are set to explode. API journalist Nicole Navarro has sought out suburban fringe areas that Australia’s property experts believe are ripe for strong growth. “The mortgage belt mightn’t always be glamorous, but for investors property is more about the numbers …
Fixed rate home loans an appealing option for some borrowers
This is a guest post by Damian Mills. Damian is a mortgage broker with Loan Market Home Finance Brokers in Maddington. The big news over the past month has undoubtedly been the reduction in the interest rates on a number of fixed home loan products, particularly those over two and three year terms. Some of the …
