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first home buyers

Will the building and construction industry lose 80,000 jobs over the next three years?

By Rick Adlam on Saturday, March 20, 2010

Will the building and construction industry lose 80,000 jobs over the next three years?
Whilst the home construction building sector is booming, its not the same for construction workers on major projects.
According to a building industry union, 80,000 jobs will be lost in the next three years as business investment collapses.  That is a dire prediction, [...]

Posted in Home Buyers, Housing, Housing Market | Tagged first home buyers, First Home Buyers Grant, First time home buyer, HIA, Home Buyers Grant, Housing Industry Association, Housing Projects, New Houses, Us Housing Market

Are Mortgage Brokers honest with home buyers and refinancing homeowners?

By Rick Adlam on Saturday, March 20, 2010

If the Mortgage Broker explains to the customert that they are offering a no cost home loan service to them, because the lenders are paying them a commission for introducing the home loan to the lender, they are being honest in my view.
If on the other-hand the mortgage selected favours the mortgage broker and his or her own personal interest, then it seems to me that the mortgage broker would have to be considered dishonest.

Posted in Commonwealth Bank, Home Loans, Homeowners, Lender, Mortgage Broker, Mortgage Industry, Westpac | Tagged Borrowers, Commonwealth Bank, first home buyers, Home Loan Lender, Interest Mortgage, Mortgage Broker, Mortgage Brokers, Mortgage Lender, Refinancing Home Loans, Refinancing Loans, Westpac

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