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Borrower
Almost 40pc of income needed to cover mortgage payments
by Staff Reporter • 29 May 2008
The proportion of household income required to meet average home loan repayments rose to 38 per cent in the March...
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Bouris to buy back Wizard
by Staff Reporter • 26 May 2008
Wizard Home Loans’ founder Mark Bouris will seek to regain control of the lender just four years after selling...
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First quarter slide for housing markets
by Staff Reporter • 26 May 2008
House prices softened considerably during the first quarter of the year, data released by the Real Estate Institute of...
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Borrowers apprehensive about refinancing
by Staff Reporter • 22 May 2008
Many Australian homebuyers want to refinance their home loans but a high level of apathy could be holding them back,...
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Affordability worsens for first home buyers
by Staff Reporter • 22 May 2008
The HIA-CBA First Home Buyer Affordability Index fell during the first quarter this year by 3.5 per cent – 10...
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Mortgage delinquencies to increase: Fitch
by Staff Reporter • 21 May 2008
Mortgage delinquencies rose in the first quarter of 2008 and are expected to increase further as the impact of...
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Borrowers escaped rate rise by skin of their teeth in May
by Staff Reporter • 21 May 2008
Borrowers were close to being hit with another interest rate hike this month, according to the minutes of the RBA May...
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US housing starts experience April recovery
by Staff Reporter • 20 May 2008
Housing starts in the US rose more than expected during April to reach a seasonally-adjusted 1,032,000, the US...
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Budget may slow investor activity
by Staff Reporter • 16 May 2008
Tax cuts announced in the Federal budget this week could slow investor activity and worsen the plight for renters, RP...
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Significant reduction to Virgin Money mortgage origination
by Staff Reporter • 15 May 2008
Increased funding costs and a reduction in available credit saw Virgin Money scale back on residential mortgage...
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