Changes in home statistics + Costello speech

An interesting article was published in the AGE showing some of the changes that are occuring in Australian households and their homes. See it at :
Wealth builds on the home frontThe Age - Melbourne,Victoria,AustraliaThe RBA recently pointed out that around 3 per cent of household income is now spent on interest payments on investor housing loans, compared to 1 per cent ...

On the same link you can also see what the treasurer had to say to the Australia-Israel Chamber of Commerce.

What's happening after the reserve bank left interest rates on hold?

Interesting article from the Real Estate Institue
Housing market keeps boomingAdvertiser Adelaide - Adelaide,South Australia,AustraliaTHE HOUSING market will remain strong following the announcement that interest rates remain unchanged, the Real Estate Institute of South Australia says. ...

Latest on real estate news

Interesting article summarising current rental and purchase market
Are real estate ads 'house' porn?ABC Regional Online - AustraliaCan the same be said for those glossy real estate mags and newspapers - are they 'housing porn' by exposing your mind only to the fantasy of purchasing? ...

Free DIY Video

Just came across a really helpful website with lots of tips and plans. Some things you have to pay for (and no I'm not an affiliate or paid for this tip) but there are lots of free tips and some amazing free tips on video. go to http://www.mitre10.com.au/DIY-Central/ Mitre 10 is an Australian hadware store. has anyone come across other great sites like this?

News on some latest trends in Real Estate

If your a home owner or investor then here are two articles that should be of interest to you.
Landlords rely on managersAdvertiser Adelaide - Adelaide,South Australia,AustraliaTIME-POOR real estate investors are using property managers in greater numbers than ever before. Census figures show that last year, 50.5 per cent of all ...
Fewer Aussie homes owned outrightyourMortgage.com.au - AustraliaGraham Joyce, president Real Estate Institute of Australia (REIA), said: "Some effort has been made by some state governments to address affordability ...

Home loan news

Hi came across some interesting news articles today. Just click on the link if they interest you or are relevant to your situation.
Drive a bargainSydney Morning Herald - Sydney,New South Wales,Australia... leasing or drawing down on your home loan - there are plenty of products to choose from. A recent Cannex survey of personal loans examined 520 loans......
Warning over predator lenders who target poorSydney Morning Herald - Sydney,New South Wales,AustraliaLAWYERS and accountants are among a mini-industry of predatory lenders who are providing deliberately unaffordable home loans for vulnerable borrowers. ...
Tame your debt nowSydney Morning Herald - Sydney,New South Wales,AustraliaOrrock says personal loans may be more costly than home loans but they have the advantage of instilling discipline in borrowers. ...

Home Loans in the News

Two news stories today of interest to anyone in Australia that has or is looking at getting a home loame.

Rudd flags low-tax plan for first-home buyersThe Age - Melbourne,Victoria,AustraliaTo make renting more affordable, Labor suggests encouraging more private investment in rental properties and providing capital funding or low-interest loans ...

Mortgage industry calls for end to MCRInvestorDaily.com - Sydney,New South Wales,AustraliaBy Kate Kachor The MFAA has called for mandatory comparison rates (MCR) for home loans to be abolished. The mortgage and finance industry's peak body has ...

Considering commercial property for investment

Came across this interesting article on considering commercial property as part of an property investment portfolio. Click on the link http://www.news.com.au/adelaidenow/story/0,22606,22000040-5006367,00.html to read about what is happening in South Australia and could also be happening near you.