Search Results for: Richard Whitten
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INDUSTRY NEWS
Over two-thirds of mortgage holders struggle to make repayments
Life isn’t getting any easier for mortgage holders, with over two-thirds struggling to make their repayments according to a new survey.
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INDUSTRY NEWS
Aussies could be making an extra $667 per month renting their spare room
Homeowners could be raking in an additional $667 every month if they rent out their spare room according to a new survey.
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INDUSTRY NEWS
Borrowers are slashing non-essential spending as rates bite
Rising interest rates are forcing borrowers to cut back, with new research showing that Australians are trimming their non-essential purchases to deal with mortgage stress.
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INDUSTRY NEWS
Has the bank of Mum and Dad shut its doors?
Despite record-high property prices and surging interest rates, just 1-in-10 first-home buyers are tapping into the bank of Mum and Dad to get into their first property.
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INDUSTRY NEWS
Financial strain: 15 per cent of homeowners fear selling amidst rising costs
Distressed property sales could be on the rise according to new research which shows 15 per cent of homeowners are worried they might have to sell their property due to the rising cost of living.
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INDUSTRY NEWS
FHBs need up to two decades to save for a home deposit
Young Australians hoping to get into a home of their own are needing to spend up to two decades saving for a deposit according to new research.
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INDUSTRY NEWS
Renters turn a blind eye to property flaws to secure a property
Renters are putting up with mould, bad smells and even being forced to share a room in a bid to secure a rental property according to a new survey.
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INDUSTRY NEWS
Experts predict the RBA will keep interest rates on hold
With inflation cooling, experts have predicted the Reserve Bank of Australia (RBA) will keep interest rates on hold, in what would come as welcome relief for struggling households.
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INDUSTRY NEWS
Mortgage refinancing activity up as survey shows borrowers are fudging the numbers
Owner-occupiers are refinancing in record numbers according to new statistics from the Australian Bureau of Statistics, as separate figures from Finder show that more than 10 per cent of borrowers lied about details on their loan application.
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INDUSTRY NEWS
Affordability continues to cause problems for first home buyers
The surge in home prices over the past few years continues to make it more difficult for first home buyers to get into the market. Finder’s First Home Buyers Report 2022 has shown that those people currently looking to buy rated affordability as their top factor in selecting a home, followed by access to public transport, proximity to shops, and…
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INDUSTRY NEWS
RBA has “little choice” but to hike rates in September
he Reserve Bank of Australia appears set to hike the official cash rate at the September meeting with consistently high inflation leaving them with “little choice”.
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INDUSTRY NEWS
145,000 homeowners would consider selling if rates rise
Over half a million Australian households would struggle to pay their mortgage, with many forced to sell, if interest rates rose three per cent according to a new survey.
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INDUSTRY NEWS
Nearly 13 per cent of first home buyers are considering purchasing interstate
With property prices rising faster than buyers can save, one in eight first home buyers have said they are considering purchasing a home in another state to help them get on the property ladder.
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National
Just 19 per cent Australians think you can buy a house for the listing price
Prospective homebuyers think they should brace themselves to pay more than the asking price, says new Finder research. A national survey of 1012 respondents found just 19 per cent of Australians agree that houses sell for the price they are listed for. The research revealed 70 per cent expect property to sell for more than what the seller asks. One in…
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Elite Agent
Interest is not enough: 1-in-4 Aussies would prefer a cashback loan
Low interest rates may not be enough to attract new mortgage customers, but cash could sweeten the deal, according to new research by Finder.
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