Home Loans & Mortgages

The Commonwealth Bank Of Australia is the first bank in Australia to denounce the no deposit loan as not meeting their new tightened guidelines. But will that eventually come back as jingle mail to haunt them if other lenders won’t refinance their bad loans?

Accumulative home loan mortgage interest rate rises, coupled with higher home prices around Australia have pushed housing affordability to its lowest level on record. The Commonwealth Bank of Australia – Housing Industry Association (HIA) Quarterly Review of Housing Affordability for the September quarter showed the index falling 2.1 per cent to be 8.3 per cent lower [...]

The Reserve Bank of Australia is widely expected to raise interest rates, though not all believe it will happen tomorrow. Financial markets are on high alert for a rise in official interest rates as the Reserve Bank board prepares to meet today. These rates will flow on to mortgage home loans. There is a high degree [...]

Mortgage Lenders Go Green by reducing and offsetting carbon emissions in home loan processing. Are you concerned about reducing your carbon footprint? Well now the mortgage lender industry wants you to consider reducing carbon emissions by supporting mortgage lenders who offer a carbon-neutral home loan. Many mortgage companies are choosing to go carbon neutral, offsetting their [...]

Myth #1. A big brand bank home loan is better than a mortgage from non bank lender. Most people don’t like the major banks, but this myth prevents them from capitalizing on the mortgage opportunities in the growing non bank area. Myth #2. A bad credit history means you can’t get a home loan. It [...]