Home Loans & Mortgages

The sea change,the tree change and the oasis change were all buying tips for the baby boomer. But first home buyers should buy their first home where there treasure is. For most first time house buyers that is where they earn their money.

The National Australia Bank will not confirm or deny rumours that it is considering the sale its $3 billion credit card business. Overseas banking players in the Australian market including Citibank, HSBC and GE have been touted as potential buyers, if any transaction were to go ahead. A spokesman said the bank would not comment [...]

Big Bank wars tipped on exit fees to favour the mortgage borrower. The National Australia Bank  [NAB] is an also ran in mortgage home loan lending right now and wants to grab a bigger slice of the mortgage lending pie. What better way than to drop your interest rates? Well, they did that last year [...]

First time home buyers are suddenly given two choices to move to buy or build their first homes. First home buyers will be eligible for grants of up to $21,000 designed to stimulate housing activity in new home construction, construction loans and home finance generally. The scheme will be time limited. All new home contracts entered into by [...]

Australia’s first home buyers get a $14,000 First Home Owners Grant, and $21,000 for first time buyers that build new home. In some states that can be more. Are these grants really pushing up home prices? Well apparently two out of three of Australians believe the Federal Government’s first home owners grant is in fact [...]