It takes money to make money, unless you have money and then you can use someone else's money to make your money go further, writes Dan Holden.
Laing+Simmons Managing Director Leanne Pilkington has harsh words for the big banks.
First home buyers purchasing existing properties in Western Australia will no longer receive a $3000 government grant.
"Lenders are being overly cautious with investment lending, where the property owner gets tax breaks, and over zealous with owner occupiers, where they get no tax breaks."
South Australia showed the greatest improvement in affordability across the country.
ANZ Research paper says low interest rates, not negative gearing or stamp duty, are causing house prices to rise so dramatically.
With interest rates now around the mid-4% range, and even lower, there’s really no need to have an Interest Only loan, whether you’re an investor or owner-occupier.
Australians are getting more mortgages than ever, but a ME survey says we don't really understand them.
Investor borrowers will find it more challenging to secure finance in the coming months as we'll see tighter lending criteria, says Joe Sirianni.
With interest rates so low, competition amongst lenders continues to be strong.
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