CBA Lifts Interest Rates on Investor Home Loans
Commonwealth Bank is raising its standard variable rates for investor mortgages by 0.07 per cent following earlier raises to its fixed rate products.
NAB and Westpac Raise Investor Mortgage Rates
National Australia Bank and Westpac have raised interest rates on certain types of mortgages as Australia's biggest lenders seek to offset some of the pressure on...
Australia’s Housing Boom is Over: Economist
House hunters could soon breathe a sigh of relief, as Domain economists have called time on Australia's property boom.
Property Investors Still Keen to Buy
Many investors are undeterred by lenders making it harder for them to get a property loan although some off-the-plan buyers may end up unable to complete...
Rate Cut to Further Boost Housing Construction
It was not exactly needed, but the latest cut in interest rates will provide a welcome boost to residential construction in Australia.
Iron Ore Price Drop Fuels Interest Rate Cut
Sliding iron ore prices and the still-too-high Australian dollar are fuelling expectations that the Reserve Bank will be forced to cut interest rates next week.
Sydney and Melbourne Apartment Markets Diverge
While regulatory hurdles have constrained the development of new apartments in Sydney, supply is expected to remain robust in Melbourne as a result of the overhang...
Interest Rate Cut Increases Risk of Housing Bubble
The Reserve Bank's rate cut will increase the risk of a housing bubble, particularly in Sydney, economists warn.
Interest Rates on Hold as RBA Closely Monitoring Housing Market
The Reserve Bank is by no means convinced it will have to cut interest rates again but labour market trends could change that in a heartbeat.