Other lenders fill the gap as big four clamp down on foreign borrowers
Though the big four banks have clamped down on lending to foreign nationals, other lenders have moved to fill the gap, and the share of properties bought by foreign nationals in the Australian market ticked higher at the end of 2016.
Rates on hold, but housing affordability remains 'hotly debated'
The Reserve Bank has left interest rates at historic lows as economic conditions improve, but the property industry says other measures are required to improve housing affordability.
More Australians lumped with mortgage later in life
Because they are delaying the purchase of their first home, more Australians will have a mortgage later in life, according to The Australian Housing and Urban Research Institute.
Mortgage holders should review their home loans after a number of lenders imposed out-of-cycle interest rate rises, says John Kolenda of mortgage broker 1300HomeLoan.
Aussie families fork out $1,200 every year for stamp duty
The Housing Industry Association's Stamp Duty Watch reveals current rates of stamp duty mean the typical Australian family is paying more than $100 in additional mortgage repayments each month.