WHAT ABOUT MORTGAGE RATES?

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Homebuyers can expect their mortgages to become more expensive this year, with the Reserve Bank tipped to raise the cash rate for the first time since November 2010. Mortgage Choice chief executive John Flavell said the possibility for a rate hike became far more likely after the US Central Bank announced it would increase its […]

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IT HAS been a hell of a year for the Australian property market.

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House prices have soared in Sydney and Melbourne, while remaining flat in Darwin and even retreating in a post-mining boom Perth. The Reserve Bank of Australia cut the cash rate not once, but twice — in May and August — giving us some of the lowest mortgage rates Australia has ever seen. Negative gearing has […]

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GOLD COAST TO COME OUT ON TOP

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The best performing property market in 2017 will be the Gold Coast, with Mr Birch predicting 10 to 20 per cent growth in the sunshine city. “I am seeing the same thing which was happening in Sydney in 2012 happening in the Gold Coast and the fringe suburbs of Brisbane right now. The buyer activity […]

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