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 [...]

If Obama’s the answer, then what is the question?
It’s the economy, Dummy!

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.

In a see sawing day on Wall street, US stocks finished lower for for the 5th straight day as the meltdown continues, with US Banks leading the route. Mr Mortgage says that are are hopes that Australia’s market will be higher on Monday on Futures trades, but that does not take into consideration people ready [...]