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Refinance Mortgage Articles

Mortgage Stressed On The Rise Despite Cuts

BECAUSE of cuts in interest rates, the number of households under mortgage stress fell 3 per cent to 770,000 in October compared with the previous month. However, the latest Fujitsu Consulting Group national survey of mortgage stress has found that those in severe stress rose by 13 per cent to..read more

Mortgage Brokers Steam Ahead

MORTGAGE brokers appear to have weathered a dismal December quarter for housing - increasing their business at a time of rising interest rates.

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.

Rams Faces Further Losses If Debt Not Paid

THE former owner of RAMS has warned its shareholders that the home loans business could incur further losses if it fails to refinance or defaults on the debt lifelines that replaced $5.5 billion of short-term loans that nearly brought down the group.

'liar Loans' Face Blame For Wiping Out Home Owners

JOE Ripplinger took out a $US184,000 mortgage in 2006 and makes payments every month. Now he owes $US192,000 ($A214,000).
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