Categories
Archives
- May 2012
- April 2012
- March 2012
- February 2012
- January 2012
- December 2011
- November 2011
- October 2011
- September 2011
- August 2011
- July 2011
- June 2011
- May 2011
- April 2011
- March 2011
- February 2011
- January 2011
- December 2010
- November 2010
- October 2010
- September 2010
- August 2010
- July 2010
- June 2010
- May 2010
- April 2010
- March 2010
- February 2010
.
-
Recent Posts
Category Archives: Bad Credit Home Loans
Mortgage Stress remains a serious problem for many
Mortgage stress has been a problem for many Australian families for quite some time now. In recent times this problem has been aggravated by the declining property prices and poor economic conditions. Borrowers holding large home loans, investments loans as … Continue reading
Posted in Bad Credit Home Loans, Debt Consolidation, Economy, First Home Buyers, Home Loans, Low Doc Home Loans, Mortgage Refinance
Comments Off
More home loans taken up during September
According to figures released by Australian Bureau of Statistics the number of home loans approved during the month of September rose 2.2 per cent to 51,821 from a downwardly revised 50,706 in August. Much of the additional volume can be … Continue reading
Posted in Bad Credit Home Loans, Economy, First Home Buyers, Home Loans, Low Doc Home Loans, Mortgage Refinance
Comments Off
Tell me about your no deposit home loans!
This is an inquiry that we receive several times a day. While in the past no deposit home loans were a possibility for the very few with a high stable income and a spanking clean credit history – ie. premium … Continue reading
Posted in Bad Credit Home Loans, First Home Buyers, Home Loans, Low Doc Home Loans, Mortgage Refinance
Comments Off
Looking to guarantee a home loan – know the risks
If you are considering guaranteeing someone’s home loan application – it is important that you understand how home loan guarantees work and the potential risks/obligations that you take on in going guarantor. Lenders may ask for a guarantor where the … Continue reading
Posted in Bad Credit Home Loans, Economy, First Home Buyers, Home Loans
Comments Off
Home Loan Arrears remain high in April
Home Loans underlying Australian prime residential mortgage-backed securities that are beyond 30 days in arrears have increased to a near all time high. According to the latest data from Standard & Poor’s Ratings Services, Home Loan Arrears went up to … Continue reading
Posted in Bad Credit Home Loans, Economy, Home Loans, Low Doc Home Loans, Mortgage Refinance
Comments Off
Home Loan approval can be hard work
Most people believe that being employed and having a deposit is enough to qualify for a home loan with most lenders – however this is not quite true. Lenders in Australia are required by law to take into account a … Continue reading
Posted in Bad Credit Home Loans, Economy, First Home Buyers, Home Loans, Low Doc Home Loans
Comments Off
Mortgage defaults epidemic
Fitch Ratings survey of home owners identified that home loan affordability is rapidly dropping with one in 80 home owners being unable to afford to make their loan repayments. Queensland was the worst hit state with the proportion of home … Continue reading
Posted in Bad Credit Home Loans, Economy, First Home Buyers, Home Loans, Low Doc Home Loans, Mortgage Refinance, Property News
Comments Off
Home Loan default exposure is high – Fitch
A recent report by Fitch Ratings has claimed that Aussie households are very vulnerable to future interest rate increases by the RBA, with many being at risk of falling into mortgage arrears. In an exposure draft review of the Australian … Continue reading
Posted in Bad Credit Home Loans, Debt Consolidation, Economy, First Home Buyers, Home Loans, Low Doc Home Loans, Mortgage Refinance, Property News
Comments Off
Home Loan Arrears Problems in Queensland
Mortgage Arrears are on the increase, especially in some of Queensland’s coastal areas. This is a concern for most banks who have significant exposure to such home loans. Given the current economic situation in Australia and the prognosis for the … Continue reading
Posted in Bad Credit Home Loans, Economy, First Home Buyers, Home Loans, Mortgage Refinance, Property News
Comments Off
Getting your home loan over the line
Since the global financial crisis banks have tightened up on home loan qualifying criteria. Then the National Credit Code was introduced into Australia eliminating many of the previously available low doc and no doc borrowing opportunities. According to statistics almost … Continue reading
Posted in Bad Credit Home Loans, Economy, First Home Buyers, Home Loans, Low Doc Home Loans, Mortgage Refinance
Comments Off