Lender offers low-deposit home loans for first-home buyer

In its efforts to help homebuyers overcome the home-loan deposit hurdle, lender Better Choice has unveiled a new low-deposit mortgage product. The Platinum Prime home loan is primarily targeted to...

Home-loan borrowers are blinded by cash-back offers — study

Australian borrowers getting home loans with cash-back benefits often end up paying more in interest, a study showed. Big lenders, including Westpac, NAB, and Commonwealth Bank, offer borrowers up to...

Strong population growth to boost building activity

Australia's building activity is slated to get a shot in the arm from strong population growth. Figures from the Australian Bureau of Statistics show that the annualised population growth...

Good weather, even better home prices: The nation’s sweet spots for buying a house

The perfect mix Want great weather and affordable housing costs? Then consider buying a house in the Southeast. According to a new analysis, the region is America’s “sweet spot” for...

Crime, commutes, and community: Here are the top concerns for homebuyers

Homebuyer priorities Affordability is the No. 1 priority for today’s homebuyers, but that’s not all they want in a house. According to a new analysis, Americans are also concerned with...

Mortgage rates spiked, but don’t cancel your loan search. Here’s why

Freddie Mac reports an uptick in mortgage rates Keeping an eye on mortgage rates? If so, you’re probably flooded with news about Freddie Mac’s weekly survey. That’s no surprise. According to...

Is Australia close to achieving housing market recovery?

Despite the rosy headlines indicating an early rebound in the housing market, recent figures seem to point in a different direction. Latest figures from the Australian Bureau of Statistics show...

Consumer groups push for laws against predatory payday loans

Consumer groups are pressuring the Coalition government once again to fast-track the development of new laws that will prevent predatory payday lenders from taking advantage of vulnerable Australians. The Stop...

Total Eren to build 100-MW solar farm in Uzbekistan

Paris-based independent power producer Total Eren on Friday signed an agreement to invest up to EUR 150 million (USD 166m) in the construction of a solar photovoltaic (PV) power...

Europe’s ‘largest’ power-to-heat facility opened in Berlin

A new power-to-heat facility claimed to be the largest in Europe has been opened in Berlin. Vattenfall said the unit, which has a total capacity of 120MW, has been connected...

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Mortgage demand from buyers jumps, just as interest rates spike

Mortgage application volume was flat last, down a slight 0.1%, according to the Mortgage Bankers Association. Volume...

Home flippers see lowest returns in 8 years as costs rise

Investors flipped 59,876 single-family homes and condominiums in the second quarter of this year, down just over 5% compared with...

Blockchain Enters the Frontline in Department of Homeland Security’s War On Counterfeits

The advantages of blockchain technology are being recognized by various government departments all over the world and the latest one to do so is...