Tag Archives: Australian Home Loans

Home Loan Interest Rate Direction

The only way is up it seems. Unless soaring house prices abate somewhat, expect more rate rises in the very near future. Reading the recently published RBA board minutes, it seems the RBA has pinned part of the blame for … Continue reading

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Home Loan Lending Retracts Big Time

Owner occupier Home Loan approvals in Australia are down. The Australian Bureau of Statistics reports the number of owner occupied housing loan approvals dropped 4% in February 2010 as compared to January 2010. Loans for the construction of dwellings also … Continue reading

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Get Pre-Approval For Home Loan

If you are considering an investment property real-estate purchase between now and Christmas, it will be imperative that you get some sort of pre-approval from your lender. Better still ask a competent mortgage broker to secure you pre-approval. In writing! … Continue reading

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Line of Credit Home Loan Fine Print

If you have a line of credit/home equity home loan, I suggest you dig out your mortgage documents and go over your rights and obligations. Pay special attention to the fine print regarding when you have to pay the loan … Continue reading

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Competition Hots Up In Home Loan Finance Market

It is time to take a closer look at your home loan. Yes it is time to put your loan through its paces and compare it to other home loan contenders. You might find that you can save your self … Continue reading

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What is a basic home loan?

Basic Variable Home Loan. Basic Variable Home Loans are generally the most inexpensive home loans available. They are inexpensive as they generally do not have all the bells and whistles that Banks and other Lenders add to their more profitable … Continue reading

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Property Value Correction Looming

Government stimulus package and historically low lending interest rates will buy some time, but the risk of a massive correction in Australian house and commercial property prices is as high as it has ever been since the great depression. Over … Continue reading

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Lower LVR Preferred by Major Lenders

It is official, banks are making it tougher to get a home mortgage. Despite the bail out from the Federal Government to free up lending, it seems some of our major banks have not got the message. A client reported … Continue reading

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More Cash For Bank Chiefs Despite Failures

After their bail out of the British Banking system last week, the Government of the UK has moved to cap the salaries and bonuses of British banking executives. The various bank boards seem to have agreed in principal to the … Continue reading

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Time For A Home Equity Loan?

A Home Equity Loan allows you to turn the equity you have built up in your home into cash to use as collateral for buying bargain priced assets in the current financial turmoil. National property prices in Australia have surged … Continue reading

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