Home Loans

Greater to offer lower-rate home loans (Brisbane Times)

The Greater Building Society says it will begin providing home loans at a lower rate than the big four banks, as it seeks to lure away regional customers.

Cash-back home loans (Moneymanager)

How do I do that? Mortgage lenders pay quite generous commissions to brokers who recommend their loans. These can include both upfront commissions when the loan is written and ongoing annual or "trail" commissions for the life of your home loan.

Regional lenders tap home loans market (The Age)

The thawing of specialist credit markets is injecting new competition into the home loans market with $1.3 billion of fund-raising exercises announced yesterday.

Home-Equity Loans: What You Need To Know (Forbes)

Why do consumers decide to use this form of credit?

Australian Home Loans Drop Most in Nearly a Decade on Rates, Grants (Daily FX via Yahoo! Finance)

Australian Home Loans unexpectedly fell 7.9 percent in January, marking the largest decline in nearly a decade, after the central bank raised interest rates while the government reduced cash handouts to first-time homebuyers.

Gov't official warns on home down payment hikes (AP via Yahoo! News)

The head of the Federal Housing Administration is warning that boosting the minimum down payment borrowers must provide to qualify for home loans backed by the agency could threaten the housing market.

Australia home loans dive, belie strength elsewhere (MalaysiaNews.net)

SYDNEY: Australian home loans fell the most in nearly eight years in January, hit by the scaling back of government grants to buyers and higher mortgage rates, suggesting past increases in interest ra...