The Northern Territory government has extended its BuildBonus grant to 31 March 2021, after experiencing a surge in applications at the end of last year.
Mortgage Business
More home owners expect house price rise in 2021 By Malavika Santhebennur 11 January 2021
Almost half of homeowners expect their property value to shoot up in 2021, while pent up demand will “wash through”, according to an industry fund-owned bank.
A survey by ME Bank has revealed that 46 per cent of owner-occupiers expect the value of their dwelling to increase during 2021, while only 5 per cent expect it to decline.
The survey of 1,500 households showed that this is a significant shift from six months prior, when only 22 per cent expected dwelling prices to rise, and 25 per cent expected them to decline.
Outlining his predictions for the property market in 2021, ME Bank’s head of home loans Andrew Bartolo said that buyer activity is expected to rise year-on-year as a result of the majority of 2020 affe
Then one day the landlord decides to hand you all the relevant ownership documents of the house. The house is all yours. No more paying rent.
That sounds like a fairytale. But very soon this will be a reality as Kenyans begin to own affordable houses, according to Johnstone Olteita, the CEO of Kenya Mortgage Refinance Company (KMRC).
In an interview with Home and Away, Olteita said that the financing of the affordable houses has been structured in a manner that will ensure there is alignment between the amount of money you are currently paying for rent and the mortgage you will take up for the houses.