Tag Archives: Mr Mortgage

Brisbane Floods: Developers given approval to build on flood zones, too close to the BrisbaneRiver

Are Town Planners to blame for Approving Apartments in Brisbane’s Flood prone CBD? Recent Brisbane floods have shown that Brisbane’s town planners have a short memory when to comes to living in the Sub tropical Brisbane. Planning issues at three Brisbane apartment developments are the focus of the Queensland Floods Commission of Inquiry. Brisbane City [...]

Housing market report says home prices will rise by 20% willl cause mortgage rates to rise

To keep interests low and to provide affordable housing, Australia has to make it a priority to develop residential land, and to build homes to an over supply situation. That will have to mean developing new more efficient methods of developing land and building homes.

If you want to be happy with your mortgage loan, sack your ‘Big Four’ banks

Some things in mortgage lending never change. In an ongoing saga the Big Four banks have again been belted in a customer satisfaction survey that puts them well behind credit unions and building societies.

First Home Buyers: Why they are finding it hard to buy a new home and what we have to do to fix it.

Mr Mortgage says that lower future homeownership levels are seen as part of a trend that he feels can be reversed if the root causes are addressed.
What has to happen is that the dream of homeownership needs to be resold to an older first home buyer that is now entering the market, and entry needs to be made easier.

QLD New Homes: Building development costs to fall $20,000

Premier Bligh said that she wanted young Queenslanders to be able to afford a home, and in fact wants all Queenslanders to have the dream [of homeownership] within their grasp.
Property Industry experts say that infrastructure charges levied by the Queensland Government had increased development costs by 35 per cent.
The reforms are expected to be implemented in the first half of 2011.

House prices: Will home values rise 20% in 3 years?

Anytime is a good time to buy a house that is well priced and what you need to live in, and is affordable, if you intend to live there for more than 5 years. If not its better to rent and invest the savings and housing costs. If you are an investor, there are better places to park your money.

RBA leaves mortgage interest rates unchanged

The Reserve Bank board has left the official cash rate unchanged at 4.5 per cent,

As Mr Mortgage predicted earlier, the official cash rate has been left unchanged, with the decision announced moments ago.

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