Home Loans & Mortgages

Bank Leaders from Australia’s biggest banks and home loan lenders have blamed both sides of politics for being lazy and ignoring the national housing affordability crisis. Ralph Norris, chief executive of the Commonwealth Bank, and Aussie Home Loans founder John Symonds, said the problem of not being able to afford a home was becoming worse for many consumers. [...]

Adelaide Bank shareholders will need to approve a planned merger with the larger Bendigo Bank. The boards of the Adelaide and Bendigo banks have announced plans to merge. [Bendigo Bank is a regional community bank player, and Adelaide Bank is Australia's wholesale mortgage lender player, with 90 percent of its home loans done outside South [...]

NAB and Aussie Home Loans are the latest lenders to join the rush to cut rates, following ANZ’s lead.

The Reserve Bank of Australia Board meets today to decide the fate of homeowners home loan rates, and whether to raise interest rates Our tip is that home loanrates will stay as is. The RBA will not raise the official cash rate till the picture of the Australian and World Economies becomes clearer. Sudden collapse [...]

Death is a delicate topic, one that many people avoid at a cost to those they leave behind. By not making a will, they are failing to protect what is usually their largest asset, the home and the costs of the ongoing mortgage loan. Non-bank home loan lender Resi Mortgage Corporation says anyone with a [...]