Laine Gordon

Home loan spotlight Second mortgages

Thinking of taking out a second mortgage? Ask yourself first if you would be better off refinancing and, if you still wish to go ahead, make sure you consider the good the bad and the ugly.

Bank customer satisfaction How did your bank fare?

According to Roy Morgan’s Bank Customer Satisfaction Report, the major banks saw an increase of 0.1 percent to 72.9 percent in overall customer approval ratings in the March to April period.

Top mistakes people make when choosing a home loan

Phil Naylor, CEO of MFAA, reveals where you can go wrong trying to find the right mortgage products in a crowded market place.

Home loans for the over 45s now tougher to obtain

Legally, anyone aged over 18 can apply for a mortgage. In reality, lenders are wary of approving older applicants because, to put it bluntly, they need to know you’re going to be around to service the debt.

Homeowners stick with variable rates

Homeowners remain largely unconcerned about the threat of an interest rate rise and are not rushing to fix their variable rate mortgages.

Is rural Australia the next investment property boom zone?

With many property investors taking advantage of the threat of rising interest rates and other financial factors keeping first homebuyers out of the market, Australia’s rural areas are emerging as an investment hot spot.

NAB launches online mortgages

In its continued assault on the mortgage market, NAB has announced a foray into the online sector. The nation’s biggest home loan lender will use its internet banking channel UBank to offer borrowers heavily discounted mortgages.

Does refinancing your home loan really save you money?

Does refinancing your home loan really save you money? According a 2010 Mortgage Choice survey, the answer is yes.

NSW housing affordability policy abandoned

Planning Minister Brad Hazzard has put a stop to a policy introduced by the previous government allowing construction of medium density developments that did not meet local planning laws, providing 20 percent of the dwellings were allocated for rent at below market rate for 10 years.

Get into your own home sooner

Get into your own home sooner by capitalising your Lenders Mortgage Insurance.