Rising interest rates slash the loans Aussies are taking out to build their dream homes
With interest rates set to continue rising over the remainder of 2022, the impact of banks passing on rate rises can be seen in the types of loans Aussies are accessing.
John McGrath – Two benefits of using a mortgage broker that you don’t know about
According to John McGrath, Chief Executive Officer of McGrath Estate Agents, more homeowners are reviewing their loans to make sure they’re getting the best deal.
Nerida Conisbee, Ray White Group, Chief Economist, says inflation may peak at the end of the year with a slow down in interest rate rises at the same time.
Lending values rise as listing numbers start to fall - REIA
The Real Estate Institute of Australia (REIA) said the latest Australian Bureau of Statistic (ABS) lending figures show the value of new housing loan and investment loan commitments rose over May 2022 including new loan commitments to first home buyers.
“With the election now behind us, a spike this week is a distinct possibility" says REINSW
Housing policy played a key role in the election and with Labor’s victory, the shared equity proposition for some first home buyers of the Help to Buy scheme presumably awaits, says Tim McKibbin, Chief Executive Officer, REINSW.
Real Estate Institute of Australia (REIA) has welcomed the Albanese Government on their victory and is looking forward to working with the new Cabinet to deal with housing supply and affordability....
John McGrath – How to cope with interest rate rises
John McGrath, Chief Executive Officer of McGrath Estate Agents talks with award winning mortgage broking expert, Fabio DeCastro from Oxygen Home Loans, about what you can do to cope with a rising interest rate environment.