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Archive for May, 2008

Mortgage News Recap

Sunday, May 25th, 2008

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

Here is top stories for the week ending 25/05/08:

Prime mortgage market delinquencies up
SMH
Credit ratings agency Fitch Ratings says the Australian prime mortgage market showed an increase in 30-plus day delinquencies , increasing to 1.31 per cent in the quarter, from 1.07 per cent at December 31, 2007.They also state that levels of prime mortgage market delinquencies in Australia were still low by international standards. View Story »
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Budget 2008 - Mortgage News Recap

Sunday, May 18th, 2008

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

This week it’s all about the Federal Governments Budget - here is top stories for the week ending 18/05/08:

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Mortgage News Recap

Sunday, May 11th, 2008

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

The top stories for the week ending 11/05/08:

Real World Facts Emerge on ‘Mortgage Stress’
Genworth Financial, who provide Lenders Mortgage Insurance, have released details of a report indicating that out of the one million policies currently in place that 5000 of those may be classified as under stress being 90 days in arrears.
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Mortgage News Recap

Sunday, May 4th, 2008

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

The top stories for the week ending 04/05/08:

Rent a block: ACT Govt to make land ownership optional for homebuyers
The Canberra Times
I a new approach to housing affordability low income earners moving into the Canberra housing market will have the option of renting the land on which they build their homes under a new scheme to be outlined in the upcoming ACT Budget reports Tom Skotnicki.
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