Whats Making News this Week

Heres a roundup of whats making headlines this week:

Mortgage brokerage on top
Broker News Australia
Aussie Home Loans took out the Mortgage Broker of the Year award for the seventh year running at the 2014 Asia-Pacific Banking & Finance Magazine Awards.

Pending Home Sales Miss Expectation
Business Insider Australia
Pending home sales climbed 0.4% month-over-month in April. This missed expectations for a 1% rise. On the year, pending home sales were down 9.4% worse than expectations for an 8.7% fall..

Eight tax tips for end of financial year property investment planning
The end of the financial year is almost here, so it’s time to do your tax return. Or perhaps undertake some strategies that save on the tax payable.

Finding an investment property harder than saving for one
The ‘perfect’ investment property is a much-discussed myth. The holy grail property may be high-yielding, high capital growth with little to low maintenance or costs attached and where a perfect long-time tenant is just around the corner.

Watchdog sounds warning on risky home loans
The bank regulator has intensified its crackdown on risky lending, pushing back against a potential property ­bubble and increasing the Reserve Bank of Australia’s capacity to keep interest rates at a record low.

How Much Do Brokers get per Loan
Heres an intersting thread thats been going for some months at a property investors forum, discussing the topic of broker commissions.

How to pay off your home loan fast
Bina Brown shares insights from financial planners and industry professionals on reducing debt..

New home loan product could save borrowers $3,000 per year
Article discusses the VIP package from the non-bank lender Firstmac.

By Rodney

MortgageSeek writer and team member for over 9 years.