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

The top stories for the week ending 16/03/08:
(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 recap of this weeks mortgage, home loan and housing news in Australia.

The top stories for the week ending 09/03/08:

This week it’s all about the effects of the credit crisis and diminishing trust within financial markets. As banks face criticism for raising rates beyond that of the Reserve Bank we also need to ask questions as to why, we might just get a clearer picture of the real issues – here’s this week’s picks: (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

The RBA has, much as expected, raised the cash rate by .25% to 7.25%, effectively adding $50 to a monthly mortgage repayment on a $300,000 home loan. And there’s pressure on interest rates in the money markets, which the major banks haven’t much choice but to pass on, so keep watching for the possibility of more bad news…
(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

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

The top stories for the week ending 02/03/08:

Brace for it
The Australian (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