Category Archives: First Home Buyers

Economists expect home loan numbers to be lower this week

Posted on 10/04/2012 by admin

According to AMP chief economist, Shane Oliver, housing numbers expected to be out later this week will demonstrate a slight drop in the number of home loans written during March 2012, accompanied by a softening of consumer and business confidence. … Continue reading →

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The truth behind No Deposit Home Loans

Posted on 05/04/2012 by admin

The truth behind No Deposit Home Loans is simple – they no longer exist. No deposit home loans were widely advertised in the years pre GFC, when some lenders went as far as to offer up to 106% home loans, … Continue reading →

Posted in Bad Credit Home Loans, Economy, First Home Buyers, Home Loans, Low Doc Home Loans, Mortgage Refinance | Comments Off

Home Loan Refinance Myths

Posted on 04/04/2012 by admin

Myth # 1 – If I have repaid all my debts, defaults and arrears I should qualify home refinance of home loan with a bank. Many borrowers do not realize that that repaying debts and defaults does not remove them … Continue reading →

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How do you find the Best Home Loans in Australia?

Posted on 03/04/2012 by admin

Best Home Loans Criteria Reading media reports you would believe that all borrowers are looking for the cheapest home loans available. While cheap is certainly good, what makes a home loan a best home loan will entirely depend on the … Continue reading →

Posted in Bad Credit Home Loans, Economy, First Home Buyers, Home Loans, Low Doc Home Loans, Mortgage Refinance | Comments Off

20% wish to refinance their home loans

Posted on 02/04/2012 by admin

According to a recent survey conducted by Galaxy Research, on behalf of LJ Hooker Finance, 20% of borrowers are intending to refinance their home loans in the immediate future. Many are on the lookout for cheaper rates and are keen … Continue reading →

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First Home Buyers pull away in March

Posted on 30/03/2012 by admin

According to new statistics from the Loan Market Group, First home buyers appear to have lost interest in property and home loans during the month of March. The company’s enquiries from first home buyers had fallen away by 20% across … Continue reading →

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Home loan discounting is history

Posted on 29/03/2012 by admin

The kind of home loan discounting that we had seen late last year and into early 2012 is certainly behind us. The insane competition between lenders had all but eroded lender margins on home loans and was simply unsustainable. Suncorp’s … Continue reading →

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Demand for home loans will nor return to pre-GFC levels for some time

Posted on 28/03/2012 by admin

According to a recent report from JPMorgan -  Fujitsu Australian mortgage industry report, the Australian mortgage landscape has been undergoing some changes and these will be with us for some time to come. The main of these changes affects demand … Continue reading →

Posted in Bad Credit Home Loans, Economy, First Home Buyers, Home Loans, Low Doc Home Loans, Mortgage Refinance | Comments Off

Home Loan refinance demand still there

Posted on 27/03/2012 by admin

Mortgage Brokers are expected to benefit from a surge in demand for the refinance of home loans, as borrowers become increasingly disenchanted with their current home loan provider. According to RFi’s Australian Retail Banking 2012-2013: Key Trends in a Brave … Continue reading →

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CBA remains main provider of home loans

Posted on 26/03/2012 by admin

Despite a drop in the number of home loans the bank wrote in February, CBA remains the main provider of home loans to Australians. According to the RFi’s latest Australian Mortgage Market Wrap, CBA’s share of home loans provided to … Continue reading →

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