Home Loans & Mortgages

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 [...]

Australia’s Federal Labor Government plan to enter the home loan mortgage finance business will boost confidence in the non-bank mortgage sector and increase competition. Treasurer Wayne Swan said he will initialling invest $4 billion to revive the non-bank mortgage market and get the banks honest to pass on future rate cuts in full. Mr Mortgage hopes that [...]

rebuilding aumex at http://aumex.com # Green Homes need to be sold on the money and get real http://homemate.com.au/building-process/green-homes-homebuyers-and-homebuilders/ # Powered by Twitter Tools

At last I found the time to use the domain http://home-loans.net.au , something that I had held on to for two years before doing something with it. My other web sites are becoming too high maintenance so I had the find a new way of publishing home loan and mortgage news. The Problem The problem [...]

In a shock move the board of the Reserve Bank of Australia has put off any interest rate increases for the time being. The reason seems to be that the Greedy Banks such as Westpac, who had shamelessly hiked home mortgage rates above the last cash rate increase, had done the damage that a rate increase would have done this week, so no rate increase was called for it seems.