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Over 60s still confused about reverse mortgages

by Staff Reporter • 14 Feb 2008
According to the report, 78 per cent of over 60s surveyed had heard of reverse mortgages yet as little as 40 per cent... READ MORE

NZ to create affordable housing supply

by Staff Reporter • 14 Feb 2008
The plan focuses chiefly on improving supply rather than subsidising home loans, which Prime Minister Helen Clark... READ MORE

Project Lifeline extended to struggling US borrowers

by Staff Reporter • 13 Feb 2008
‘Project Lifeline’, supported by six of the country’s largest lenders including JPMorgan Chase... READ MORE

Housing affordability continues to worsen

by Staff Reporter • 13 Feb 2008
HIA chief economist Harley Dale said that while higher interest rates would see affordability decline further during... READ MORE

Small improvement in affordability for NSW home buyers

by Staff Reporter • 13 Feb 2008
According to the latest Commonwealth Bank and Housing Industry Association (HIA) report, first home buyer... READ MORE

Developers add luxury extras to entice home buyers

by Staff Reporter • 12 Feb 2008
Brisbane property researcher Michael Matusik told the paper that the days of developing estates without such luxuries... READ MORE

February 08: Non-bank sector causes discomfort

by Staff Reporter • 12 Feb 2008
Alan Shields, research director at Retail Finance Intelligence (RFI) which undertook the research, cited general... READ MORE

February 08: Major banks concede price advantage

by Staff Reporter • 12 Feb 2008
A 0.12 per cent rise in NAB’s standard variable home loan rate plus ANZ’s 0.25 per cent rise to some visible-rate... READ MORE

Monetary policy requires further tightening: RBA

by Staff Reporter • 12 Feb 2008
In its quarterly statement on monetary policy the bank adjusted its forecast for underlying inflation to rise to... READ MORE

Thousands of fixed-rate mortgages set to expire

by Staff Reporter • 11 Feb 2008
According to The Daily Telegraph approximately 80,000 fixed-rate loans settled during 2005 will come to the end over... READ MORE

Interest rate cuts may not benefit UK borrowers

by Staff Reporter • 8 Feb 2008
The Bank of England’s Monetary Policy Committee reduced interest rates yesterday by 0.25 percentage points to... READ MORE

Prime mortgage delinquencies lowest in two years

by Staff Reporter • 6 Feb 2008
The 30+ day delinquencies for the market decreased to 1.07 per cent for the quarter ending December 2007 compared to... READ MORE

Borrowers to save $4 billion in four years

by Staff Reporter • 5 Feb 2008
Treasurer Wayne Swan told reporters that the step was a “modest long-term measure to assist more young... READ MORE

Sydney property hot pick for foreign investors

by Staff Reporter • 31 Jan 2008
According to the Association of Foreign Investors in Real Estate’s 2007 survey, Sydney achieved its ninth place... READ MORE

Labour shortage, rising housing material costs concern for...

by Staff Reporter • 31 Jan 2008
“Builders reported increasing difficulty finding labour in virtually all 15 categories surveyed,” said... READ MORE
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