For those interested in a national property market update, here’s an excellent 7 minute video provided by Justin Fabo, Senior Economist at Macquarie Bank. The key takeaways are as follows: • At the national level, property prices are down 6% (Sydney 13%, Melbourne 10%, Perth 17% and Darwin 25%) from peak. Other markets (e.g. Adelaide […]
National property market update with Macquarie Bank Senior Economist
Am I on the best Loan Interest Rate for me?
Article by Patrick Lynch, Head of Operations at Long Property Here’s a simple question – what’s your home or investment loan interest rate? Simple answer – generally, whatever the Lender wants it to be. Recently, the ACCC Residential Mortgage Price Inquiry reported that ‘the opaque, discretionary pricing of residential mortgages by Banks makes it difficult […]
Brokers or Banks – who fights harder for the client?
For all the talk about ‘incentive structures’ during the royal commission, I don’t think this angle was given enough attention… — Long Property blog content provides general information only and has been prepared without taking into account your objectives, financial situation or needs. We recommend that you consider whether it is appropriate for your circumstances […]