other news

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  Real Estate Investors Need to Take Care

  May 19, 2013, 1:56 pm

  Real estate can be the ideal investment as long as investors choose an easy-to-maintain, attractive property in the right location so tenant demand will always be high, reported the Ninemsn website. I...

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  AFG Says One in Three Australians Choosing Fixed Loans

  May 17, 2013, 7:58 am

  Nearly one out of every three new home loan customers are choosing fixed rate home loans said Australian Finance Group (AFG). AFG’s recently published Mortgage Index shows 29.6% of new home loan...

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  Australian Rates to Rise Soon

  May 14, 2013, 5:32 pm

  Home loan holders and mortgage holders can expect the low interest rates they have enjoyed of recent to end soon, said the News Limited shadow Reserve Bank board. While no change was made in the Reser...

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  Big Australian Banks Take Over First-Home Buyer Market

  May 14, 2013, 12:33 pm

  The major banks are taking a bigger slice of the first-home buyer market, believes Property Observer. The big banks are responsible for four out of five first-home buyer home loans, according to resea...

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  UK Asset Resolution Pays Back £4 Billion

  May 10, 2013, 4:01 pm

  Based on good recollection of mortgage debts and asset seizures, UK Asset Resolution continues to run down the loans of two rescued lenders and has repaid around 10% of debts owed. The bank repaid £4...

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  ABS Data Shows Housing Prices on the Increase

  April 24, 2013, 6:22 pm

  While the number of home loan approvals actually fell for January and the previous three months, housing prices are on the increase, according to data from the Australian Bureau of Statistics (ABS). T...

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  ANZ Bank Holds Variable Rate as Bank Profits Fall

  April 24, 2013, 1:38 pm

  The ANZ bank has decided to keep its variable rate home loans unchanged as the Reserve Bank of Australia (RBA) held this quarter’s cash rate. The bank has kept its variable rate for retail mortg...

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  Survey Shows Positive Property Market Sentiment

  April 23, 2013, 8:44 pm

  More Australian consumers believe now is a good time to buy, according to a recent online survey conducted by RP Data. The survey conducted in March showed 80% of those who responded to the survey bel...

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  Make Houses Affordable By Changing Tax System, Expert Demands

  April 23, 2013, 2:55 pm

  Recent reports on the decrease in affordability of home ownership by New Zealanders have been the impetus for constant disagreements by property professionals and accounting experts over the last few ...

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  Research Shows Fixed Rate Loans Better

  April 23, 2013, 7:39 am

  Research suggests a two year fixed rate home loan will cost borrowers $1500 less than a standard variable rate home loan. The research by financial comparison website RateCity showed that the standard...

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