So, how do you plan to make the most of your money in 2011? The Herald Sun ran an interesting article this week about financial resolutions, divided up into some resolutions that each generation might want to make. For me as a generation X-er, they couldn’t have been more right, pinpointing many in my generation as people who’ve recently upgraded from a unit or smaller home to a larger suburban family home – with a matching bigger mortgage. Getting ahead of such a mortgage (or sometimes even just keeping up with it) can be hard when you have young kids and as in my case, only work part-time now. So trying to set some goals on how to get a little ahead with the mortgage is a good suggestion for a 2011 goal..... Keep Reading »

Two main topics hit the New Year mortgage news this week, one of which was downright depressing but fortunately the other gave me a hint of optimism about our home loan. Perhaps I’ll need a New Year’s resolution or two to be able to make the most out of the alternatives to my current mortgage..... Keep Reading »

Australia wakes up to a new prime minister and governance with the Rudd Labor government taking charge after strong campaigning on housing affordability, interest rates and a commitment to continue a strong economy that delivers to ‘working families’.
(more…)

Possibly Related Posts:

• Bring Back the Haggle: 10 things you should never pay full price for
• No interest rate rise in March
• Queensland floods and mortgage payments
• Mortgage and money resolutions for 2011
• Refinance your loan or keep paying through retirement?

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:

• Bring Back the Haggle: 10 things you should never pay full price for
• No interest rate rise in March
• Queensland floods and mortgage payments
• Mortgage and money resolutions for 2011
• Refinance your loan or keep paying through retirement?

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

The top stories for the week ending 16/09/07:

What do Australians think about money?
UnderstandingMoney.gov.au
The Financial Literacy Foundation, headed by Paul Clitheroe, was created in early 2006 aiming to help Australians to improve their financial decision-making skills and from all reports has been well received. Apart from numerous resources, information and guides at the website the Foundation has just commissioned a survey of 7,500 Australians aged 12 to 75 to build a better understanding of how we think about and manage money. A PDF report is available via the link above.
(more…)

Possibly Related Posts:

• Bring Back the Haggle: 10 things you should never pay full price for
• No interest rate rise in March
• Queensland floods and mortgage payments
• Mortgage and money resolutions for 2011
• Refinance your loan or keep paying through retirement?

The costs of home ownership could be cut by 20 per cent under the terms of a radical zero-interest “equity finance loan” to be launched through major lenders from July.

The idea for the loans arose in work carried out for Prime Minister John Howard’s 2003 Home Ownership Task Force. Christopher Joye, who led the taskforce, now works as an executive director with Rismark, which has patents on the equity finance mortgage (EFM). (more…)

Possibly Related Posts:

• Bring Back the Haggle: 10 things you should never pay full price for
• No interest rate rise in March
• Queensland floods and mortgage payments
• Mortgage and money resolutions for 2011
• Refinance your loan or keep paying through retirement?