A recap of this weeks news in mortgage, home loan and housing in Australia.

With an election looming there is plenty of people with plenty to say on the headline issues of interest rates and housing affordability as politicians battle for votes and lobby groups battle for attention. Cutting through the spin is a challenge for the consumer making decisions on the home financing front but also their vote – Here is some of the top stories for the week ending 28/10/07:
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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

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

The top stories for the week ending 21/10/07:

Mortgage stress ‘alarmist’
News.com.au
Author Stephen Johnson takes a look at comments from Phil Naylor of the MFAA (Mortgage and Finance Association of Australia) saying that the Australian Bureau of Statistics (ABS) definition of mortgage stress – being where a borrower paid 30 per cent their income on a home loan – made borrowers anxious.
(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

Social networking is a web trend that is hard to avoid at the moment and, for many, names such as myspace and facebook simply roll off the tongue like a decades old well known brand names. There is also a new contingent of social networking and collaboration sites tailored especially towards finance. Let’s take a look.
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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

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

The top stories for the week ending 14/10/07:

MFAA introduces new hardship assistance for borrowers
MFAA
The Mortgage and Finance Association of Australia (MFAA) has introduced new measures to ensure non bank lenders, mortgage managers and brokers assist borrowers who find themselves in financial difficulty.
(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