What is the difference between LMI and MPI?
LMI and MPI are two types of home loan insurance that are necessary for home buyers, but for very different reasons. Do you think you know the difference?
The Show Must Go On
For property mad Australians, home shows and exhibitions are the ideal place to gather ideas, get expert advice and purchase essential equipment. But is the increasing number of shows on offer a direct result of the success of renovation TV shows?
Melbourne is gearing up for its biggest auction weekend in almost two years.
A surge in auction listings means about 1150 properties are due to go under the hammer on October 27 – the first Super Saturday since April and the biggest since December 2010.
Some buildings have very specific and prescriptive regulations on how to put floors down, other have none – except for the by-laws that say you must not disturb another owner’s peaceful enjoyment of their lot.
The RBA cuts rates for October
It was not a big surprise, but definitely a welcome move. The Reserve Bank of Australia (RBA) cut rates by a quarter of a basis point to 3.25% on Tuesday, the first rate movement since June’s 0.25% drop.John Symond says he hopes the cut will boost people’s confidence and that the next few months will see gradual increase in house prices.