The latest Australian Bureau of Statistics (ABS) data has revealed that borrowers refinanced $20.60 billion of loans in August – which was 3.9% lower than the month before but 12.4% higher than the year before.
Find out about the latest updates in finance and loans.
“Refinancing activity has remained at record highs in recent months, as borrowers continued to switch lenders amid interest rate rises,” according to the Australian Bureau of Statistics (ABS).
In good news for buyers, there’s been an increase in the number of properties listed for sale, as well as an increase in the total number of properties on the market. SQM Research has reported that the number of new listings (i.e. those less than 30 days’ old) in June was 1.6% higher than the…
Australia’s mortgage market is experiencing a significant shift, with many homeowners coming off two-year and three-year fixed-rate loans onto much higher variable rates today.
Find out about the latest updates in finance and loans.
Did you know that TAG Finance and Loans has a home loan comparison website? We help you to compare 100s of loans to potentially save $1000s and when you’re ready to proceed, we’ll manage the entire application process, saving you time and money.
Property investors have been put on notice, after the Australian Taxation Office (ATO) said it would scrutinise their tax returns in an attempt to claw back an estimated $1.3 billion in missing taxes.
New data from CoreLogic suggests we might be near the end of the housing downturn. Find out more in our latest finance and loans update.
The rental market has turned decisively in favour of property investors, with the number of vacant rental properties plummeting by one-third over a 12-month period.
Find out the latest finance and loans updates in this article.
Find out the latest finance and loans updates in this article.