Home Loans Australia: Australian Loan Info., Home Loan Refinancing, First Home Buyer Loans & Lo-Doc Home Loans

Home Loans Australia provides free up-to-date access to the best value Australian Loan Info., Home Loan Refinancing, First Home Buyer Loans and Lo-Doc Home Loans information, resources, products and services from a comprehensive selection of Australia's leading and best known bank and non-bank lenders.

Whether you are looking for a loan for a new home, a first home buyer loan, investment property loan or refinancing an existing home loan, Home Loans Australia is here to help ...

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MAKING NEWS

Thu, 04 June 2009
Australian Home Sales Defy the Recession.
Sales of new homes rose in April for the 4th straight month, to their highest level in 14 months, which will lead to a sustained recovery during the second half of this year, a home building industry group, HIA, says.

(Daily Telegraph, June 2, 2009)

The combination of low interest rates and the first home owners boost are believed to be the reasons for the continuing growth in home sales.

Local Marketing Group, executive director, John Kolendo said a mortgage holder with a $300,000 variable home loan would be saving $700 a month on their loan repayments compared to one year ago.

He warned however, that the substantial savings made on mortgage repayments could be quickly reversed once the economy recovers.

So he advises people repaying home loans to pay off as much as they can with the extra money gained.

Are you in the market for a new home or even an established home? f you are then why not follow the trend. So many Aussies can't be wrong.

With the Federal Government's first home buyers grant and interest rates at an all time low, there has never been a better time to buy a property in Australia.

Why not use this website to find out what kind of loans are on offer, which firms are offering the best rates, and how much you can borrow.

Take the time to compare the various home loan packages and find out which one best suits your needs.

The service provided is completely free, so why not go ahead and get your free home loan quote now.

Click here for more news from Home Loans Australia.

Here are some Home Loans Australia articles that may be of interest ...

Bad Credit? You Might Still Get a Mortgage to Buy a House
Unfortunately bad credit can haunt you for the rest of your life. If there are bankruptcies or foreclosures on your credit report, you know how hard it is to get any line of credit ... more

Home Loans: The pros and cons of refinancing
AUSTRALIANS reckon a change is as good as holiday, and some homeowners are pulling out all stops to prove it ... more

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Knowledge Base

Equity: The amount of (or that portion of) an asset actually owned. Equity is the difference between the market value and the current amount of money still owing on the loan. This is also referred to as the ‘owner’s interest’.

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