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Reverse Mortgages Could Rise, But Beware: Report
A wave of retiring U.S. baby boomers may lead to an increase in unconventional loans known as reverse mortgages in coming years, but the practice comes with risks, according to a report released Thursday by the Consumer Financial Protection Bureau.
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RBA Insists No Imminent Housing Sector Meltdown in Australia
The Reserve Bank of Australia (RBA) sees no reason for alarm amidst observations by some economists that the country's housing sector could witness the same meltdown that humbled the U.S. economy in 2008.
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Tax Time Tips to Achieve Your Property Dreams Sooner
Property owners and those looking to buy property are encouraged to take steps now to maximise their tax refund, according to Australia's largest independently-operated mortgage broker, Mortgage Choice.
Real Estate
Mortgage Rates Increases: Wrong Questions, Wrong Answers?
Nothing excites Australians like house prices and mortgage rates. It is no surprise, therefore, that the recent decision by major banks to increase interest rates 'outside the cycle' - that is independently of the Reserve Bank of Australia (RBA) - has led to hyperventilation among consumers and politicians.
Real Estate
Why You Should Have Become a Property Investor
Thank you to readers for their feedback to Monday's Daily Reckoning. We were expecting some outraged hate mail at our scepticism. Instead it was only thoughtful and often sad stories from people who had to personally experience the issues we raved about.
Real Estate
Our Growth is Not Slowing: NAB
NAB has said it will continue to drive volumes through third party brokers as it grows above system levels and seeks a greater share of the mortgage market.
Real Estate
Asian Borrowers Need Mortgage Broker Education
Mortgage House franchisee Tom Mak believes that steps should be taken to initiate a campaign that explains the role of a mortgage broker to prospective Asian borrowers.
Opinions & Interviews
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From Peter Boehm Putting a Price on Pollution
Slideshows
Finance & Mortgage
moreHome & Design
moreSquare Foot Launches IPE, Eco-Friendly Outdoor Deck Flooring Solution
Naomi Campbell’s Turkish Island House Described As Energy Efficient, Other Stars Who Support Sustainability
Lowe’s 1Q Profit Up, But Earnings Forecast Downgraded
World’s First $1 Billion Home: Nita Ambani Gives First Sneak Peek Of The Most Expensive House [PHOTOS]
Buy & Sell
moreSuper Saturday Sells Over 2,400 Auctioned Properties in Australia
Kate 'Ma' Barker, Mother Of 1930's Gangster Fred 'Doc' Barker, Home For Sale; Florida House Still Riddled With Original Bullet Holes [PHOTOS]
Heath Ledger's 'Tree House' Bought By 'Hunger Games' Star Josh Hutcherson [PHOTOS]
Bellway to Continue Raise Shareholders' Value Despite Tough Housing Market
Commentaries
moreZac Efron has recently been reported shopping for a luxury home address. Is this a sign of growing up, or is he getting ready to settle down?
At least in one region of the county at dinner parties, it's the question that's on the lips of prospective home buyers: will home mortgage interest rates fall more? The average fixed rate for a 30-year mortgage for...
Incredibly, U.S. home mortgage rates continue to trend lower -- the average 30-year, fixed rate is now 4.07 percent, and they could drop even lower. Still, given soft home prices, jumping into the housing market is hardly a s...