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Latest News

Latest News

Property Clocks for Australia

Property clocks for Australia.

Property clocks are a method to show on a clock face how different property markets are performing. It follows the cycle of property through market conditions such as 2:00 – There is a surplus of properties for sale, 4:00 – The rate of property sales is declining, 6.00 – The bottom of the market, prices are declining; the market is oversupplied, 8:00 – Demands outpace the properties that are available, 10:00 – Rate of property sales are improving, 12.00 Top of the market

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Reverse Mortgages explained

Reverse Mortgages Explained

Reverse mortgages are loans designed specifically for older borrowers who are typically asset rich but cash poor. These loans were previously called senior's loans.

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Major bank caps investor loans

Major bank caps investor loans at 80% LVR

The biggest lender of investment loans in the Australian mortgage market, Westpac has announced an 80% LVR cap on investor loans, subject to security property occupancy.

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