Home Loans & Mortgages

In the nineteen eigthies a local bank manager working out what I could afford to borrow divvied up my pay packet this way: “A third for the taxman, a third for me … and a third for you.” The rule-of-thumb that you can afford to devote about 30 per cent of your gross or pre-tax [...]

Kevin.Rudd’s increase of the first home owners grant is about shoring up jobs and the economy, and increasing home loan activity for buyers and sellers.

EXTRA rules imposed by local councils such as those on increased ceiling heights and noise protection can add as much as 14 per cent to home building costs.

Tenants that rent homes across Australia look set for a short-term reprieve from rising rental prices, with analysts expecting landlords to pass on the benefits of home loan interest rate cuts.

Homeowners slay debt but Gen Y gorge on it. Australian mortgagor homeowners who were recently splurging on debt with credit figures showing robust growth have had a change of heart over the past 12 months. They have been getting rid of debt as if it was going out of fashion, with a 24% drop in credit [...]