More and more Australians are looking for a better deal on their home loan, with the most recent data from the ABS revealing that refinancing activity jumped by 17% over 12 months and 5% over three months..... Keep Reading »
To attract quality tenants you need to offer a quality property. Here’s a guide to considerations you need to make before you purchase your property, after you buy and during the tenant search..... Keep Reading »
The Reserve Bank of Australia’s Statement on Monetary Policy released in February revealed that the household savings ratio was at its highest point in more than 20 years. According to the central bank, Aussies are tucking away 10% of their disposable income – that’s a massive swing from the mid-noughties when we were spending about 2% more than we earned..... Keep Reading »
Consumers seem happy to haggle in foreign countries for knick-knacks and knock-offs, but real deals can be found right here on Australian soil. If you’re paying the sticker-price, you’re paying too much. Absolutely everything is up for negotiation – all you have to do is ask..... Keep Reading »
Since the release of the iPhone, there has been a frenzy of software developers coming up with new applications to make our lives more fun, more productive and more informed. Now with over 200,000 apps already on the market (and growing), there really is an app for everything. But sorting the useful from the useless can be time consuming. Your Investment Property Magazine has done the heavy lifting for you to find the best money apps on the market to help you with all your financial needs:.... Keep Reading »
The settlement process can be daunting for both sellers and buyers. Whether you are buying or selling, it is always good to keep everyone involved informed. Keep written confirmations of any verbal decisions and agreements. If there are any issues regarding the settlement, these will provide assurances..... Keep Reading »
Todays post is a guest submission from Chris Hamilton over at Mortgage Brokers Online..... Keep Reading »
It’s been, for good reason, hard to see any news in Australia this past week other than the devastation and tragedy of the Queensland floods. As the clean-up and recovery begins, there are so many far-reaching consequences that it seems to me to be a constant surprise to see the numerous knock on effects these floods will have, not just for Queenslanders but for all Australians and even abroad. .... Keep Reading »
After last week’s news about banning horrendous exit fees on mortgages taken out from July 1 next year, I’ve been wondering about whether I need to look into my current mortgage arrangements – even though I won’t be eligible for the no-exit-fee deal, the talk is that even for existing mortgages it could well be worth changing. The Herald Sun had a useful article this week on moving your mortgage and its step by step approach is pretty logical – do the research (online), then get information from someone like a mortgage broker, do some number crunching to figure out the short and long term effects of switching loans, and then, before you move, give your existing lender a chance to match the deal – if they don’t, move on! But that’ll have to go on my 2011 things to do list, I think!.... Keep Reading »
It’s probably inevitable that with a cash rate rise from the Reserve Bank and the subsequent interest rate rises on home loans – especially from some banks like the Commonwealth Bank whic hiked their rate by almost double the Reserve Bank’s increase – there will be home loan customers who are thinking about switching to a different home loan, hoping for a better deal..... Keep Reading »
If you read about mortgages in the news, then the most topic home loan related topic is definitely interest rates. Sure, we also want to read about different methods of repayment or whether or not we can pay off the loan early, but when it comes down to it, the most popular mortgage stories are clearly centered on interest rate issues..... Keep Reading »
It’s been a big news week for finances, with the economic crisis in Greece making the world markets nervous, and within Australia, with a federal budget being announced. But will all this have much impact on our mortgages? In the first case, the answer seems to be “hopefully not”, and in the latter, the answer is more like “unfortunately not”..... Keep Reading »
I don’t know which is scarier: choosing your first house, or choosing your first mortgage. Of course, these are exciting times, but they are big decisions that have a significant impact on your future, so these choices should definitely not be made lightly..... Keep Reading »
The recap of this weeks mortgage, home loan and housing news in Australia.
The top stories for the week ending 27/04/08:
Mortgage stress levels could rise: study (more…)
Possibly Related Posts:
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:
(more…)
Possibly Related Posts: