Blog Archives
CUA Says $10 Billion by Mid 2013
May 19, 2013, 3:06 pmCredit Union Australia (CUA) has claimed that due to new home loans products, it will manage more than $10 billion in assets by the end of the financial year, reported The Telegraph. New home loans by CUA rose by 41% to $990 million in the first half of 2012....
Read MoreTrue State of Economy is Seen in Property Market Buying Confidence
May 14, 2013, 4:57 pmWhile large measurements are important to the health of the economy, the true state of the economy comes down to the confidence of households to buy property, believes Mark Bouris from the Neokosmos website. Bouris said that he has been watching the property markets over the last...
Read MoreGenerational Advice on Investments from the Experts
May 14, 2013, 12:13 pmThe best investment choice may depend on your age, so news.com.au asked four generations of investment gurus what was best for their age compatriots. Gen Y Justine Davies said that her generation needs to think about two structure types. Superannuation and everything outside of s...
Read MoreTips on Getting a Home Loan to Suit Your Lifestyle
May 10, 2013, 1:17 pmA loan to suit your lifestyle is the ideal home loan, believes Newcastle Star’s Richard Windeyer. For example, a home loan with low rates for the first two years is best for those starting a new family. Windeyer also said that offset accounts can be used to keep pace with l...
Read MoreAustralians Save $30 Billion Since GFC
April 16, 2013, 9:03 amAustralians are collectively more than $160 billion ahead on their mortgages, with an extra $30 billion in savings since the start of the Global Financial Crisis (GFC). The Perth Now website reported that more than half of Australian home loan borrowers have made use of record lo...
Read MoreTips to Getting the Best New Home Loan
April 15, 2013, 3:02 pmIt is important to consider a number of factors when searching for a new home loan. The Star recently provided readers with advice for when searching for a home loan. Start your initial research by combing through industry publications and websites. Newspapers and magazines are a...
Read MoreJanuary Sets New Record For Home Loans
March 13, 2013, 9:03 pmAustralia’s largest mortgage broker, AFG, reported it processed $2.2 billion in home loans during the month of January. This amount is more than any other January and 24% more than the amount processed in January 2012. This is despite natural disasters in NSW and Queensland....
Read MoreNumbers in Arrears Drop as Home Loan Rates are Cut
March 13, 2013, 4:18 pmIn the September quarter, the percentage of residential mortgage loans more than 30 days in arrears fell to 1.35%. Interest rate cuts have led to a decline in the number of people falling behind on their home loan repayments, to the lowest level in more than twelve months....
Read MoreComparing ABS Historical Data to Understand the Current Property Market
March 13, 2013, 12:52 pmUnderstanding the history of the Australian property market is an excellent way to increase returns on current property investments. Australians are lucky in that Australia has a huge amount of property market data to evaluate and analyse. When looking at rental returns Australia...
Read MoreHome Buying Tips from the Experts
March 12, 2013, 11:58 pmNow that the property market is starting to see some life after many years of extremely low prices, those getting ready to buy a home should prepare as much as possible to give them the edge during negotiations. Having financial flexibility as a buyer means you have more leverage...
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