Articles
The ARTICLES section keeps you up to date with relevant industry comment.
Conveyancing – What is it really?
Conveyance or Conveyancing is one of those terms which when uttered often conjure up puzzled looks from listeners, however it happens to be the most important part of your home buying steps. |
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Turnaround in House Prices
Following an earlier slump in the housing market, data recently released shows evidence of increases in Australian house prices. There are wide variations between cities, but the overall trend is of an upturn in the housing market. |
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Buyer’s agents
Buyer’s agents have become increasingly popular in Australia within the last few years, offering a useful service to property purchasers who are short on time or need assistance in negotiating a sale price. |
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Increase in NSW home repossession orders spurs debate
Although banks claim that the number of total defaults on mortgage loans is at an all time low, 2005 saw a 60% increase in home repossession orders. Consumers need to be aware of the issues and on top of their real estate investments to avoid becoming a part of this disturbing statistic. |
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Caution advised when leveraging real estate
Recent statistics show that bankruptcy claims are on the rise in eastern Australia. While cost of living inflation is partly to blame, experts have advised that an increase in real estate leveraging is a major contributor to the problem. |
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Australian bush fires and protecting your home
As an effect of the hot summer weather, rampant bush fires are causing damage to Australian homes. Taking a few precautionary measures can help you to reduce the chance of falling victim to mother nature out of control. |
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Property prices and the renovation boom
The slowed growth of Australian property prices has resulted in subdued demand for home renovations in early 2006 but major works remain high by historical standards. |
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Trends in the Australian mortgage market
The Australian mortgage market has slowed in 2005 due to the housing boom passing its peak. At the end of August 2005, the Australian bank housing loan portfolio was worth over A$680b. |
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Conveyancing – What is it really?
Conveyance or Conveyancing is one of those terms which when uttered often conjure up puzzled looks from listeners, however it happens to be the most important part of your home buying steps. |
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Your credit report
What is listed on a credit report? How far back does the report go? What if there are errors, what do you do? |
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Why should you use a mortgage broker?
Unless you work for a financial lending company, you have only a limited understanding of what mortgage options are available and how the various types, interest rates and note term will affect your payment structure. |
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Fixed rate vs. variable rate mortgages
Which type of interest rate is right for me - fixed or variable? Seems like a simple question, unless you have no idea what a fixed or variable interest rate is. |
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What is LMI?
LMI – it stands for Lender Mortgage Insurance. Well if you are like most home buyers, you haven’t the faintest idea what LMI/Lender Mortgage Insurance is, why you have to pay it and of course when it ends. |
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Technology and the mortgage market
Increased competition in the Australian mortgage market has resulted in a much greater reliance on technology to improve services and profitability. |
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