Intellichoice - finance & property news blog
Blog URL http://intellichoice.blogspot.com
Located Windsor, Queensland Australia
Tags finance, mortgage broker, home loans, property, insurance, owner builder, business loans, invoice finance, interest rates
Keep updated on the latest finance, investment and property news in Australia.
Latest Blog Posts
- UK mortgage lending up 5% in October 2009 on Nov 20, 2009 in UK
Signs of recovery in the UK property market are appearing after October figures showed a 5% rise gross mortgage lending.October 2009 gross mortgage lending was an estimated £13.5bn ($24.4bn), up from £12.9bn in September 2009. However, this is stil...
- Rents up everywhere on Nov 19, 2009 in rising rents property
Rents on houses increased 3.4% to $422 a week nationally over the 12 months to October 2009, while apartments rose 4.1% to $409.According to RP Data, the biggest increases were in Rose Bay, NSW where median advertised rents on houses jumped 58.3% to...
- Banks pressure small business for deposits in exchange for loans on Nov 16, 2009 in invoice financing business loans
According to The Australian Financial Review, small businesses are sucking up interest losses on deposit in an effort to secure a loan. In an increasingly competitive market for deposits, banks are pressuring small business owners to switch over thei...
- Mortgage stress on the rise again on Nov 16, 2009 in mortgage stress
More than half a million households in Australia are currently experiencing ‘mortgage stress’ according to Fujitsu Consulting. The number of households struggling to pay their mortgage is expected to rise to almost 900,000 by the end of 2010...
- One in three mortgage enquiries not meeting bank criteria on Nov 15, 2009 in non-conforming loans home loan
One in three mortgage enquiries will not fit the current lending criteria set by banks, according to Loan Market Group.The firm's chief operating officer Dean Rushton said tighter lending rules which require genuine savings contributions of around 5%...
- Costs to rent or buy near parity: ABS on Nov 12, 2009 in property
According to the Australian Bureau of Statistics (ABS), the costs associated with renting or owning a home are on par.Figures from ABS show the Australian mortgage holder currently pays 18% of their gross income towards their housing, while renters a...
- Seven Ways that Personal Finance Software can help you... on Nov 12, 2009 in savings
With the proliferation of online personal finance software tools coming into the market, it begs the question as to why you might want to sign up and use these systems. The advent of the mighty “Yodlee”, which is the back end engine for most of t...
