Australians are willing to take out a mortgage that they will likely still be paying off when they retire in return for some interest rate relief.
Leverage, measured as assets/equity, of around 13.7 times is much lower than that of major banks, which tend to be in the high teens. Nonmajor banks are not subject to the same capital requirements as ...
"While 40-year loans do offer a lower cost route to getting your first foot on the housing ladder, staying with them until ...
The two Big Four banks said the home loan move will allow customers to save money and pay off their loan quicker.
For months, there were enough homebuyers willing to pay record-high prices at mortgage rates as high as 7% to keep home sales fairly stable. In January, th ...
The Barefoot Investor Scott Pape has urged Aussies to call their banks and 'whine' until they are given a better interest ...
ASB has essentially followed ANZ, especially to the 4.99% two year rate level, and we would expect the other three main banks ...
Financial considerations are different when you take out a mortgage in your 50s as opposed to doing so when you are younger, but it's more common than it used to be.
It has created another subprime housing bubble and put taxpayers at risk. Trump should end it.
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More than half of Americans still think a 20% is required to buy a home. This longstanding myth could get in the way of ...