Solstice Finance Blog
Lenders competing strongly for borrowers
Lenders are competing strongly for borrowers, especially those with strong credit profiles. As a result, borrowing activity jumped 18.2% between January 2024 and August 2024, according to the most recent data from the Australian Bureau of Statistics.
Average loan sizes and how to pay it off faster
The average borrower is taking out a $636,209 home loan, with loan sizes ranging significantly in specific states, based on mortgage data from the Australian Bureau of Statistics.
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See you then, Kylie & the Solstice Finance Team
Good news for buyers, with property listings rising 7.9%
Why banks assess your home loan repayment capacity at a higher interest rate
Rents expected to keep growing, but at slower pace
Record loan sizes increase the need to shop around
How to get your SMSF tax return right
Why property price growth is so varied throughout Australia
ATO puts spotlight on property investors
Borrowers staying on top of mortgages, despite higher cost of living
Prices rising in 88.4% of suburbs
Home loan commitments rise 13.3%
New home purchases rise 5.3%
Investor activity rises, high-debt borrowing falls
Should you buy now or wait for a potential rate cut
Investors commit to $9.72bn of home loans
How to budget better
More and more people buying real estate across state boundaries
Property market keeps growing despite high interest rates
