Refinance Mortgage News
Mortgage Stressed On The Rise Despite Cuts
Saturday November 29, 2008
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 291,000.Mortgage Brokers Steam Ahead
Tuesday March 25, 2008
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
Thursday March 6, 2008
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
Wednesday February 27, 2008
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
Saturday February 9, 2008
JOE Ripplinger took out a $US184,000 mortgage in 2006 and makes payments every month. Now he owes $US192,000 ($A214,000).Law To Curb Mortgage Brokers Delayed
Monday January 7, 2008
A DECISION on introducing a law to eliminate dodgy mortgage brokers is months away, and if it was passed it would be unlikely to come into effect until next year.Westpac Sets About Rams Rehabilitation With Rate Cut
Saturday January 5, 2008
WESTPAC yesterday offered a sign of how it will use its newly acquired RAMS home loans business to challenge its rivals when it cut the high-profile brand's standard mortgage rate to below the level of the rise just announced by National Australia Bank.Rams Shareholders Well And Truly Shorn
Wednesday November 28, 2007
Bad luck to buy a mortgage broker six weeks before a credit squeeze.Not A Bleat: Rams Investors Meekly Accept Their Fate
Tuesday November 27, 2007
THEY arrived and left like lambs to the slaughter. Herded into the conference room at Sydney's Masonic Hall and shorn of almost all value, shareholders in Rams yesterday handed over the best known part of the briefly listed mortgage lender without a hint of anger or protest.Small Flock Oks Rams' Final Fleecing
Tuesday November 27, 2007
THEY arrived and left as gentle as lambs. Herded into a Sydney conference room and shorn of almost all value, Rams shareholders handed over the best-known part of the briefly listed mortgage lender without a bleat of anger or protest.Rams Faces Uphill Push To Refinance $6b In Loans
Thursday November 22, 2007
RAMS shareholders risk losing a substantial part of the revenue that will make up the rump of the company after warnings yesterday that prospects of refinancing $6 billion worth of home loans are still bleak.Rates A Look
Wednesday November 21, 2007
To fix or not to fix - that's the dilemma facing mortgage holders as interest rises climb.Pros And Cons Of Refinancing
Thursday October 25, 2007
The costs of changing your mortgage can sometimes outweigh the benefits, writes Perrie Croshaw.Buyers Wade In, 10% Of Rams Traded On Market
Tuesday September 25, 2007
MORE than 10 per cent of the troubled mortgage lender RAMS changed hands yesterday amid speculation that a predator - possibly one of the big four domestic banks - was stalking the company and set to mount a takeover bid.Rams Runs Hot With Speculation Of A Takeover Bid By One Of The Big Four
Tuesday September 25, 2007
MORE than 10 per cent of the troubled mortgage lender RAMS changed hands yesterday as speculation swept the market that a predator - possibly one of the Big Four domestic banks - was stalking the company and set to mount a takeover bid.Fed Cut Unlikely To Prevent Mortgage Defaults
Thursday September 20, 2007
THERE was something for just about everyone in the Federal Reserve's decision to cut its benchmark interest rate by half a percentage point.Us Credit Crunch Creating Mortgage Stress In Suburbia
Wednesday September 19, 2007
THE percentage of Australians under mortgage stress could nearly triple over the next year as dwindling credit and even higher interest rates push home owners to the wall.Banks Walking A Nervous Line On Subprime Mortgage Meltdown
Friday September 7, 2007
INVESTORS are not the only ones wary of the US subprime mortgage market.Cause For Concern
Saturday August 18, 2007
ALL over the Hunter people are fretting at shrinking superannuation accounts, diminishing share portfolios and the alarming prospect of mortgage interest rates bring driven upwards by the international credit squeeze.Cut Your Mortgage, Rate Rise Or Not
Sunday August 5, 2007
HOW will you fare if, as widely predicted, interest rates go up this week?