Posts Tagged ‘Investors’
Investors pay more
On the 9th February this year the Commonwealth Bank of Australia (CBA) advised that they would no longer be accepting applications to refinance investment loans from other financial institutions. CBA is the biggest residential home and investment loan lender in the country. The announcement was always going to have consequences for most other lenders in…
Read MoreNewcastle Council property sell off
So last night I called into the Walkom auctions and what a night it was where Newcastle Council sold off excess properties. The auctions were conducted by Gavan Reynolds of Reynolds Auctions who through his humour coaxed every last cent out of the buyers there for each of the properties sold. It was great to…
Read MoreInterest rates set to change for investors
So its been a big week in lending, especially for the investor market. Over the past few years the deals that people could access for purchasing an investment property were the same for people purchasing a home in which to live, but this is about to change. APRA (Australian Prudential Regulation Authority) is the regulator…
Read MoreWhen to buy an investment property
Most people in the home finance industry have previously considered 7.00% to be an unofficial tipping point when it comes to sparking the property industry into action. Since the early 90’s, sub 7.00% interest rates became synonymous with increased property market activity. Clearly that rule no longer applies. The last two years have seen our…
Read MoreA New Tool For Investors
Falling interest rates, increasing gross rental yields, improving auction clearance rates and small increases in property prices in some states have combined to encourage property investors back into the market. Property is again the talk at BBQ’s on the weekend and invariably everyone with any interest has an answer to the question “What makes a…
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