Home Loans & Mortgages

The Commonwealth Bank of Australia CEO gives his version of Banana-gate to signal mortgage rate increases. Whether you believe that the banks are paying more for their money or not is irrelevant, Australia’s banks are gearing up to ramp up rates over and above any further RBA mortgage interest rate hikes. The biggest reason for [...]

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?

The global home loan credit squeeze is a “serious crisis” that is not over yet and will have an impact on government budgets, the IMF’s outgoing head Rodrigo Rato said in an interview published overnight. Speaking to the Financial Times from Washington, IMF Managing Director Rato said: “Policymakers should not think that the problems will [...]

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 [...]