The Mortgage Bankers Association said the decrease is due to stricter lending standards and increased likelihood of loan forbearance and defaults.
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The average rate for a 30-year fixed-rate mortage is at an all-time low, but it could drop further if the economy stablizes.
The city was ranked the hottest housing market for the second consecutive month by Realtor.com with half of all homes selling in under 28 days.
Rentals are flooding onto the market and Victoria’s healthy flow of sales listings is set to soon diminish as the coronavirus crisis moves into its third month of grappling the nation.
The post Coronavirus: Melbourne’s rental stock increases, homes for sale set to decrease appeared first on realestate.com.au.
A street record for rare coastal gem in old Point Lonsdale is a sign that serious buyers will still be active over the Easter holidays.
The post COVID-19: Street record set at Point Lonsdale as coastal market faces quiet Easter appeared first on realestate.com.au.
Changes in the real estate market as a result of COVID-19 have opened up plenty of opportunities for first-home buyers. Here’s how to take advantage.
The post Five reasons why first-home buyers should buy right now despite COVID-19 appeared first on realestate.com.au.
With its fresh interiors, ocean views and separate granny flat, this newly built Wamberal property is a beach house of dreams.
The post Incredible Wamberal beach house on the market appeared first on realestate.com.au.
Coldwell Banker Bain is the first partner, but Curbio is hoping to partner with brokerages in every market in which it operates.
More than 15 million Americans have filed for unemployment insurance since states began issuing stay-at-home orders.
Here is an incredible opportunity to own a private oasis in country NSW, with a 33 hectare island on the market – and it could be yours for less than $500,000.
The post Buy a private island in rural NSW for less than $500k appeared first on realestate.com.au.