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Planning a move to Australia? Here’s everything you need to know

Education: How the education system is run by state/territory, third-level options and costs and fees for visa ... you may also be entitled to a refund on interest paid on an Irish mortgage. See the A... read more

Why reverse mortgage is a good post-retirement income option

Their only daughter has moved to Australia with her husband ... The borrower must reside in the property. The mortgage will have to be repaid when the borrower dies or moves out. But the reverse mortg... read more

Australia's Commonwealth to spin off wealth, mortgage arms

"The wealth management and mortgage broking businesses are ... independence and the capacity to focus on new growth options without the constraints of being part of a large banking group." Other Austr... read more

Canstar warns home buyers over mortgage incentives

Among the latest deals includes a home loan offer by Australian Mortgage Options which provides customers with what they label a “$20,000 bonus.” Approved applicants can secure a credit card with a $2... read more

Banks shouldn’t underestimate the risk of concentration in the housing market

The view of Australian banks on the ... may not be available in the case of mortgage default. Instead of promoting offset accounts it may be better to give borrowers a prepayment on their mortgage, bu... read more

No viable options for mortgage insurance unit for now: Genworth

(Reuters) - Genworth Financial Inc (GNW.N) said that a sale or spin-off of its loss-making mortgage insurance unit were not viable options at this time ... back plans to sell a minority stake in its A... read more

Mortgage rates could rise on back of high global rates

Last Tuesday, the Reserve Bank of Australia distinguished itself for equalling ... If we do see our banks pushing the button on a series of mortgage hikes in coming months, the RBA will have no option ... read more

Mortgage arrears stable but set to rise as house prices fall

There are half a dozen suburbs around Australia where none of the mortgages ... known as negative equity — then that is not an option. That is why Moody's is expecting some increase in mortgage delinq... read more
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