Home Loans & Mortgages

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.

According to the National Australia Bank, [the NAB] its latest analysis of the business climate consolidates the view that official interest rates will remain on hold for the rest of the year. For September, the bank’s measure of business conditions has recovered just a little after two months of decline. A pick-up in the retail sector has been [...]

Adelaide Bank has issued an earnings downgrade after intensifying competition in the mortgage lending sector forced it to remove premium pricing on its low-documentation home loans. The regional bank revised its earnings per share (EPS) growth forecast for fiscal 2007 to between 6c and 9c a share, down from 10c. The downgrade surprised the market [...]