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Less American mortgages ‘underwater’
by Staff Reporter • 10 Nov 2009
According to CNN, 21 per cent of single family home owners owe more on their mortgage than the property is worth, down... READ MORE
Police officers charged with mortgage fraud
by Staff Reporter • 9 Nov 2009
Detective George Kahlia is alleged to have produced fraudulent tax returns and group certificate documents over the... READ MORE
New liquidity rules could cost borrowers
by Staff Reporter • 6 Nov 2009
According to a report in The Australian Financial Review, the proposed rules have been modelled off a similar British... READ MORE
Offshore investors take double hit
by Staff Reporter • 6 Nov 2009
This will be the second blow for offshore investors who are currently struggling under the improved Aussie... READ MORE
Borrowers choose variable over fixed
by Staff Reporter • 3 Nov 2009
According to the online survey, 57 per cent of borrowers are happy to stay with their variable rate mortgage, while 19... READ MORE
Govt seeks to cap FHB property values
by Staff Reporter • 2 Nov 2009
Housing Minister Tanya Plibersek announced the changes on Saturday.
According to the announcement, the $7,000 grant... READ MORE
Investors dominate current market
by Staff Reporter • 30 Oct 2009
APM economist Matthew Bell said the national housing market had continued to boom in the last three months following a... READ MORE
FHB activity to continue: RAMS
by Staff Reporter • 30 Oct 2009
According to the mortgage provider’s First Home Buyers’ Pulse Check, less than 40 per cent of potential first home... READ MORE
Fewer FHBs seek finance
by Staff Reporter • 28 Oct 2009
Mortgage Broker Loan Market Group has seen a 26 per cent drop in the number of enquiries from first home buyers since... READ MORE
Abandoning major banks could save borrowers $5.3b
by Staff Reporter • 27 Oct 2009
According to Infochoice’s first quarterly cost-of-banking report, mortgage customers could save $3,186 a year in... READ MORE
Hermes MD fights ‘unjust’ mortgages
by Staff Reporter • 26 Oct 2009
In December 2006 Ms Upton Baker borrowed $5.8 million secured against her Elizabeth bay apartment and in June 2007,... READ MORE
Housing affordability slides
by Staff Reporter • 23 Oct 2009
According to the report, affordability slipped 3.3 per cent in the September quarter, but was still 35.7 per cent... READ MORE
Obama breathes new life into US FHB market
by Staff Reporter • 20 Oct 2009
According to Reuters, the program aims to restart a source of mortgage financing for first time and low income buyers... READ MORE
FHBs retreat from market but sector still robust
by Staff Reporter • 20 Oct 2009
REIA president David Airey said he expects to see the number of first home buyers drop back down to normal levels... READ MORE
Ray White buys Loan Market Group
by Staff Reporter • 16 Oct 2009
Loan Market Group was formed two years ago when X Inc merged with Ray White Group’s Mortgage Organisation Channels... READ MORE
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