The weekly recap of mortgage, home loan and housing news in Australia.

The top stories for the week ending 29/07/07:

Housing crisis: we did it ourselves
Sydney Morning Herald
OPED by Ross Gittins presents “The true problem is that our homes are at the centre of our materialist ambitions. As our incomes grow in real terms over time we want to put much of the increase into our homes.”
(more…)

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• Australians love mortgages much more than 20 years ago
• New Reserve Bank rise means we’ll pay more on our mortgages
• Want to be a first homeowner? Affordability study says you’re too late
• Mortgage repayment problems on the rise
• Banks warned not to raise our mortgage rates again

The weekly recap of mortgage and home loan news in Australia.

The top stories for the week ending 22/07/07:
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Possibly Related Posts:

• Australians love mortgages much more than 20 years ago
• New Reserve Bank rise means we’ll pay more on our mortgages
• Want to be a first homeowner? Affordability study says you’re too late
• Mortgage repayment problems on the rise
• Banks warned not to raise our mortgage rates again

This weeks recap of the top stories in the mortgage and home loan market in Australia.

The top stories from the major press circuit for the week ending 15/07/07:

Costello launches land audit
Sydney Telegraph
Justin Vallejo, Property Reporter for the Sunday Telegraph, takes a look at the political stoush surrounding housing affordability. Federal Treasurer, Peter Costello, has called on the state Labor governments and private sector developers to work with the Commonwealth to audit all land, particularly on outer suburban areas aiming to ease housing supply issues. Labor retorts with tax concessions.
(more…)

Possibly Related Posts:

• Australians love mortgages much more than 20 years ago
• New Reserve Bank rise means we’ll pay more on our mortgages
• Want to be a first homeowner? Affordability study says you’re too late
• Mortgage repayment problems on the rise
• Banks warned not to raise our mortgage rates again

When considering a new home loan or changes to your existing mortgage one of the first considerations is the interest rates on offer. But what about the future direction of interest rates? For that we need to learn about an organisation called….

The Reserve Bank of Australia (RBA) is the Central Bank ¹ that controls the cash rate ², which in part controls the interest rate charged to consumers by lending institutions for credit products including mortgages and home loans.
(more…)

Possibly Related Posts:

• Australians love mortgages much more than 20 years ago
• New Reserve Bank rise means we’ll pay more on our mortgages
• Want to be a first homeowner? Affordability study says you’re too late
• Mortgage repayment problems on the rise
• Banks warned not to raise our mortgage rates again