Archive for January, 1970

Cooperative approach the solution to sound regulation

Thursday, January 1st, 1970

The MFAA’s philosophy in dealing with regulation and the introduction of legislation governing mortgage and finance brokers is to engage and collaborate with politicians and regulators to develop mutually acceptable results. A letter writing campaign, especially when the letters are obviously not written by the sender, does not positively influence politicians. It antagonises them. The campaign being pursued by some members of our industry at the moment is entirely counterproductive.

Lo Doc Loans NOT dead

Thursday, January 1st, 1970
John Symond's recent comments in The Australian that Lo Doc loans are dead is not right.  While funding lines for lo doc loans are reduced there are many quality funders keen to consider lo doc applications.

Fix or not to fix?

Thursday, January 1st, 1970
VICTORIAN house hunters have been given a new headache with last week's interest rate cut leaving them tossing up between fixed and variable loan deals.

Using Mortgage Calculators

Thursday, January 1st, 1970
At a time when home loan interest rates are changing so often it’s great to keep an eye on what options may be available to you. One way to do this is to visit a website like Mortgage Calculators.net.au that offer a good range of mortgage calculators. With these calculators you can “see how you I can borrower”, “what will my repayments be” and look at stamp duty costs around Australia.

Are non bank lenders dead?

Thursday, January 1st, 1970
So you're looking for a home loan. If you read the papers and watch TV you could be forgiven for thinking that the only lenders to consider are bank. Don’t be fooled, there are many quality non bank lenders out there representing some of the largest funders in the world.