Weaker than expected home loan figures have renewed expectations of a rate cut and lifted the share market.
Billionaire profits at every step, from building to buying to high cost lending.
Housing remains affordable for first home buyers in all parts of the country except Auckland, according to the latest AMP360 Home Loan Affordability Report.
Average US mortgage rates this week and for the past year, at a glance
People 34 and younger are the largest group of homebuyers, according to a recent National Association of Realtors study that looked at 6,572 responses from a survey of homebuyers in 2014. "The No. 1 reason they want to buy is just to own a home of their own," says Jessica Lautz, director of survey research and communications at the National Association of Realtors.
The Reserve Bank might not be cutting interest rates – but mortgage holders are being encouraged to give themselves a rate cut.
Average U.S. long-term mortgage rates rose this week. Here's a look at rates for fixed and adjustable-rate mortgages this week and over the past year:
Home loan approvals have dropped, Australian Bureau of Statistics figures show.
SBS Bank announces a market-leading fixed five-year home loan interest rate of 4.99% p.a.
The pain of all that overstretching during the last housing boom isn't over yet.