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Home buyers choosing variable rate not fixed rate home loans in a sign of lack of concern for home mortgage interest rate rises

By Rick Adlam on Wednesday, March 17, 2010

Uptake of fixed interest rate home loans have fallen to the lowest rate in almost two years, but may rise again as fears escalate of an increase in interest rates.
Australian Finance Group (AFG) general manager of sales and operations Mark Hewitt said a decline in fixed rate mortgages in July indicated property buyers were not spooked [...]

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The ten biggest mortgage myths that prevent home buyers and homeowners owning their homes sooner.

By Rick Adlam on Wednesday, March 17, 2010

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 is better that [...]

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