Forty per cent of first-time home buyers are suffering mortgage stress. Fujitsu found 581,000 households were in mortgage stress, up 0.7 per cent during Febr.....
CreditMart recently undertook some analysis around interest rates on reward program credit card offers and found that the average interest rate on these cards was 1.....
Not all credit cards are created equally. And so it makes it that much harder to decide which credit card offer to choose. There are many factors you sh.....
A Westpac executive told a parliamentary committee yesterday that they expected the securitisation market, the prime source of funding for non-bank lenders, would be fluid within a year. The death of the securitisation market had been prematurely called said Kelvin Lawrence, General Manager of Mortgages at Westpac. "We think there is great value in that market. It will come back, it's a temporary situation." The opposition said Australian mortgage securities had been tarnished by the US sub-prime crisis and the market should not have been shut.
