Archive for May 2011

New home sales ‘tracked sideways’ in April

No movement in new home sales at the beginning of the second quarter.

Mortgage refinancing ‘can create emergency cash buffer’

Is it time to refinance your mortgage?

HIA: Housing affordability improved in March

First-time buyers can benefit from improved affordability in the property market.

Property development ‘must keep pace’ with population

Property affordability depends on whether housing supply can keep pace with rising demand.

Opposition to banks’ home loan fact sheet

Australian banks are complaining about the tight deadline on the home loan fact sheets.

Clear credit file vital for home loans

A new survey reveals most people don’t know what a credit file is, even though it could affect your ability to get a new home loan.

Competitive banks ‘good news’ for new home loans

Industry analysts predict fierce competition in the home loan market over the coming few years.

RBA: Mortgage stress remains low

The Reserve Bank says Australian households are not suffering mortgage stress on their home loans.

Reverse mortgage refinancing set to soar

More retirees are looking for mortgage refinancing via a reverse mortgage on their home loan.

Queensland ‘must support’ first-time buyers

The Queensland government needs to provide more support for individuals seeking their first home loan.