How much have Australian house prices fallen due to COVID19? Has the possibility of a 20-30% correction all but gone now? These questions were answered in a recent article by Dr. Shane Oliver, Head of Investment Strategy and Chief Economist at AMP Capital. On 19 March, when Shane first looked at the impact of the […]
Why hasn’t the property market crashed?
Approaching the cliff – what happens when loan deferrals and income support stops?
Article by Patrick Lynch, Head of Operations (with input by Dan Gold, broker) In a recent blog, we set out some thoughts for those experiencing financial stress due to the economic effects of COVID19, including uncertainty as to how they would meet loan obligations. We now want to provide guidance for anyone who took a […]
Refinances hit new records | ANZ offer ends 29 May
Article by Dan Gold Incentivised by fixed home loan rates as low as 2.19 per cent, cash incentives of up to $4,000 (or $2,000 per property), and even 120,000 free Qantas points with certain credit cards, borrowers are refinancing their mortgages in record numbers. $11.5 billion of lending was refinanced in March 2020, the highest […]