Home Loans & Mortgages

I have seen a lot of articles about using a home loan to improve your bad credit. Some were OK, but many just don’t make any sense. So I thought I had better write an article on this important subject of bad credit and homes and hopefully it will make more sense to you.

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 [...]

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 [...]

Reserve Bank of Australia’s Governor, Mr Glenn Stevens gave a big hint as August as likely time for another move to increase interest rates. That would mean a flow on to mortgage home loan interest rates within days. Australia has three nice problems to have: A positive trade boom Mostly created by a mining boom [...]

Home loan rates could be on the way up again as early as August, presenting Prime Minister John Howard with fresh political problems as housing affordability takes a tumble. New inflation figures released yesterday came in at a higher than expected 1.2 per cent for the June quarter, sparking fears of an imminent rise. Annual inflation sits [...]