Taking Out A Second Mortgage Loan

If you have paid off a large portion of your initial mortgage loan and would like some capital to invest, you may wish to consider second mortgage loans.

Can you get high risk mortgage loans?

A high risk mortgage loan is a somewhat unlikely prospect in current economic conditions, but the good news is that now is the perfect time to minimise your risk.

Consolidating your debts

Mortgage loan debt consolidation can be an excellent way to simplify your debt structure and save on fees.

How can you optimise your mortgage loan?

Mortgage loan strategies differ between each and every person's financial situation, and the best mortgage loan for you can change over time.

GE Money looking to sell Wizard Home Loans

Mortgage loan company Wizard Home Loans may be sold by its parent company GE Money in a bid to avoid negotiations with Wizard founder and chairman Mark Bouris.

Pick the right mortgage loan

Mortgage loan schemes that don't break the bank are getting harder to find with interest rate rises and inflation going up.

Mortgage loan strategies in difficult times

Mortgage loan rates are only looking to get higher in the near future due to the Reserve Bank of Australia encouraging a conservative fiscal policy.

Mortgage Innovation In New Climate Of Rising Rates

RISING mortgage interest rates and low housing affordability are stretching many household budgets and providing fertile ground for innovative home loans.

Spend some time before you spend your money

If you were considering just going to your bank and applying for a mortgage, stop and think again.

Government introduces tax cuts for first home savers

People saving to buy their first home will get a tax benefit from the Federal Government worth approximately $850 million over the next four years.

Housing Affordability at Record Lows

Many Australians who still don't own their own home believe they will never get to experience that dream with property prices still rising and the banks continually increasing the interest rates with or without direction from the Reserve Bank of Australia (RBA).

Home savings scheme approved

Federal cabinet has approved the first home owners scheme offered during the election campaign by Prime Minister Kevin Rudd to help low income earners save for their mortgage loan with a tax effective savings account.

Inflation rise to put more pressure on interest rates

Treasury forecasts for inflation to continually rise in 2008 will see home loan interest rates reach 9% in 2008

Mortgage Market Pressures Prompt Anz To 'review' Wholesaler

THE competitive squeeze in the home loan market has led to ANZ effectively putting its stand-alone Origin wholesale mortgage business up for sale, which could prompt a bidding war among competitors.

Personal Finance

Q I am a 69-year-old widow and took out a reverse mortgage loan in 2004 for $40,000. Not for one moment even considering that I could live a lot more years. I chose not to make any repayments such as interest only, mainly because I cannot afford to. This loan was to enable me to have a few holidays and update my car. My property at the time of taking out this loan was valued at $200,000. Interest rate on the loan began at 7.7 per cent. It is now 8.5 per cent. I believe my property is now worth ...

Hint Of Rate Cuts Welcome News For Struggling Mortgage Holders

VICTORIANS have taken on more debt than they can handle, with the number of home-loan defaults soaring under higher interest rates.