Peter Crown’s property play for one of the largest land holdings in the Southern Highlands offers a lesson in what can go right - and wrong - amid a boom in private credit.
Home loan customers have been growing more proactive in seeking out cheaper loans recently,especially as interest rates trend lower.
Housing affordability and the cost of living are playing a big part in the decision to have children,but other forces are at play too.
The Fed said it still anticipates two rate cuts by the end of the year but chair Jerome Powell said uncertainty about the economy is “unusually elevated” as it waits to see the impact of Trump’s policies.
CEOs from two major Australian banks have warned that an escalation of Donald Trump’s trade war would harm global economic growth and drive up inflation.
Upsizers from Camperdown were drawn to a Summer Hill property’s history and unique design and paid $1,355,000 at auction on Saturday.
A cut to the cash rate gave the property market a boost in some areas,but other neighbourhoods have been bucking the trend.
Home values in several areas bounced last month as interest rates fell,improving sentiment and borrowing power. Will it last?
High property prices mean potential home buyers are already asking about ways to make their repayments more affordable,and lenders have noticed.
The types of neighbourhoods in demand over the past year are very different to the most sought-after neighbourhoods of last month.