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According to a recent study from St. George bank, Australians are discouraged from applying for mortgages due to the drudgery of the application process.
Recent research from CoreLogic showed that home market continued to weaken through September, with national dwelling values declining 0.5% over the month. This marked a year of consistently dropping values across the property data provider’s national hedonic home value index.
AMP Bank recently announced that is putting a stop to its self-managed super fund (SMSF) property lending amid a weakening market.