Is it a greater opportunity for first home buyer?

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Is it a greater opportunity for first home buyer? According to a report from CBA economist Gareth Aird, Australian house prices have been rocketing since 2012. At one point it felt like The first home buyers dream is going away and then further away… But what goes up, Must come down. Australian property market – particularly Melbourne and Sydney – …

What Is Going On In The Mortgage Industry

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RBA CASH RATE UNCHANGED The Reserve Bank of Australia (RBA) has decided to keep the cash rate at 1.5 per cent for the 25th consecutive month of RBA announcements MORE TIGHTENING TO INTEREST ONLY LOAN Earlier this year, the regulator announced new curbs to interest-only lending. Regulator’s focus on tightening of credit regulations on interest-only loans is a welcome change as it …