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Big home loan seekers get the champagne treatment

Home loan seekers looking to borrow big dollars brings champagne treatment from banks, but many battlers wanting to secure a home have to take what they’re given. While investors can improve their mortgage interest rate by up to 2 per cent through professional packages designed to attract big spenders, first homebuyers are paying thousands of [...]

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John Howard’s blaming the states for home loan interest rate rises is seen as a desperate low act by Australian voters and State Pollies

The Federal Government’s attempt to blame the states for home mortgage interest rate pressures is complete nonsense and smacks of political desperation, the NSW Government says. NSW Treasurer Michael Costa hit back at suggestions the state governments were increasing home loan interest rate pressures through heavy borrowing for infrastructure projects. The Howard Government is bracing itself for [...]

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Mortgage shoppers and home buyers are choosing green home loans and energy smart homes.

Home buyer Shift. Archicentre’s Victorian manager David Hallett says home buyers and home owners want to know whether they are buying an energy guzzler or a well-designed energy-efficient home that will save dollars. Hallett says the questions being increasingly asked revolve around people wanting to save money on energy and water, but also wanting to create a [...]

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Mortgage Fees: Will mortgage “exit fee” ban undo homebuyers

Mortgage fees: The Australian Labor government is about to legislate against home loan exit fees. Is this good or bad news for new home buyers ? From July 2011 home loan exit fees will be banned if the Government can pass its legislation to abolish them. The purpose of banning mortgage exit fees [or deferred [...]

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