tag:blogger.com,1999:blog-29076336Mon, 16 Nov 2009 02:23:38 +0000Mr Mortgage provides mortgage finance information on home loans, mortgage refinancing and debt consolidation for homeowners, home buyers and investors. Whether you want to finance a new home or refinance an existing home loan, or use the equity in your home with a Home equity home, Mr Mortgage is a great place to start your search for mortgage finance.http://mr-mortgage.blogspot.com/radlam@mrmortgage.com.au (Rick Adlam, Mr Mortgage)Blogger91125tag:blogger.com,1999:blog-29076336.post-6170866153821254344Mon, 16 Nov 2009 02:09:00 +00002009-11-16T12:09:28.881+10:00British rate cut awaits London investors next week Market watch top headlinesAustralian reportsAust markets: Australian share market closes higherAust dollar report: Aussie dollar closes at eight-week lowAust credit close: Aussie bonds closes mixedWorld reportsWorld commodities: Oil prices mixed, gold higherWorld markets: US stocks fall sharplyStocks to watchERA, AXA, COF, OZL, ORI, HVN, TAH, REUhttp://mr-mortgage.blogspot.com/2009/11/british-rate-cut-awaits-london.htmlradlam@mrmortgage.com.au (Rick Adlam, Mr Mortgage)tag:blogger.com,1999:blog-29076336.post-6991844309813619303Sat, 17 Oct 2009 03:33:00 +00002009-10-17T14:14:30.623+10:00Mortgage reliefWhile American homeowners families lose their homes to foreclosures at a rate of 10,000 homes a day, the Australian Government has negotiated with the big four Australian banks for struggling homeowners to allow up to 12 months forbearance on home loans, with the interest to capitalise on the loans,and the waiving of penalty rates.Agreement by the banks to these requests from Treasurer Wayne Swanhttp://mr-mortgage.blogspot.com/2009/10/mortgage-relief-banks-agree-to-help.htmlradlam@mrmortgage.com.au (Rick Adlam, Mr Mortgage)tag:blogger.com,1999:blog-29076336.post-8774662287565935578Tue, 13 Oct 2009 20:35:00 +00002009-10-14T06:46:56.703+10:00Mortgage ratescredit unionsbuilding societies.Australian Banksglobal financial crisisMortgage rates may rise above any official cash rate increase, according to many banks. The Government does like it, customers don't like, but the banks don't care. They have us "by the short and curly's."You may have read the recent report by Choice that the big banks in Australia are on the nose with their customers.People like the fact that we have a stable banking and financial system, and http://mr-mortgage.blogspot.com/2009/10/mortgages-why-people-are-dissatisfied.htmlradlam@mrmortgage.com.au (Rick Adlam, Mr Mortgage)tag:blogger.com,1999:blog-29076336.post-1200547692715620518Fri, 09 Oct 2009 06:30:00 +00002009-10-09T17:50:50.864+10:00Mortgage ratesRBACommonwealth bankinterest rate increaseANZWestpac bankNABWas it their turn to go first? No one is saying, but the ANZ lead the other three major banks in increasing their variable mortgage home loan rates by a quarter of a percent after the Reserve Bank raised the cash rate by a similar amount. ANZ was the first of the major banks to move in late morning, the National Australia Bank following by mid afternoon, and the Commonwealth Bank and Westpac http://mr-mortgage.blogspot.com/2009/10/anz-leads-charge-of-bank-brigade-in.htmlradlam@mrmortgage.com.au (Rick Adlam, Mr Mortgage)tag:blogger.com,1999:blog-29076336.post-5737166253575618023Tue, 29 Sep 2009 05:53:00 +00002009-09-29T16:52:32.102+10:00Australian dreamAustralian Housing MarketUS style housing collapseIs the Australian Dream Fading away? Many believe that without a US style housing market collapse it will soon become a distant memory.Some are saying that the Australian dream of home ownership is slipping away, leaving a threat of a US-style collapse in house prices, according to a team of university researchers from South Australia's Flinders University.They have discovered that home ownershiphttp://mr-mortgage.blogspot.com/2009/09/do-australian-house-prices-need-us.htmlradlam@mrmortgage.com.au (Rick Adlam, Mr Mortgage)tag:blogger.com,1999:blog-29076336.post-450694644304280939Fri, 24 Jul 2009 05:39:00 +00002009-07-24T15:53:19.843+10:00Mortgage BrokersAs Australia’s major banks are putting the squeeze on mortgage brokers to extract more deals out them, we need to ask the question “Do mortgage brokers work for the benefit of their client or the Banks? You may not like the answer.Mortgage brokers can’t get you a loan for a lender that they are not accredited for. And right now Westpac and the Commonwealth Banks are starting to make brokers jump http://mr-mortgage.blogspot.com/2009/07/mortgage-brokers-who-do-they-work-for.htmlradlam@mrmortgage.com.au (Rick Adlam, Mr Mortgage)tag:blogger.com,1999:blog-29076336.post-1135685293273798430Wed, 08 Jul 2009 06:55:00 +00002009-07-08T17:20:06.253+10:00First home buyersfirst home owners grantAustraliaIn Australian Rules Football a team down on it's confidence can be sparked into life by a daring feat followed by an unlikely goal. Well it looks like first home buyers have been given the confidence to act in the shape of the extended First Home Owners Grant, and they in turn have passed the ball to other players in the Australian economy.In the face of a global recession, and flat real estate http://mr-mortgage.blogspot.com/2009/07/first-time-home-buyers-record-boosts.htmlradlam@mrmortgage.com.au (Rick Adlam, Mr Mortgage)tag:blogger.com,1999:blog-29076336.post-6096396188508154770Sat, 04 Jul 2009 04:18:00 +00002009-07-04T15:01:33.330+10:00Australian Bankers AssociationMr MortgageAustralian BanksBe in no doubt. Australia’s big four Banks will tough out any criticism from the Prime Minister and Treasurer down to keep their profits at record highs, financial crisis or no financial crisis.The case in point is that mortgagor homeowners are suffering more than they should because in the last eight months, the Reserve Bank has cut official interest rates by 425 basis points and our banks have http://mr-mortgage.blogspot.com/2009/07/australian-banks-play-hardball-to.htmlradlam@mrmortgage.com.au (Rick Adlam, Mr Mortgage)tag:blogger.com,1999:blog-29076336.post-5385269734065847380Tue, 02 Jun 2009 05:20:00 +00002009-06-02T15:26:20.049+10:00Mortgage LenderFirst home buyersWhat happened to the Recession and Swine Flu?Banks and other mortgage lenders, first home buyers and retailers and all rejoicing as Australia appears to have escaped the recession that has swept the World and the dreaded Swine Flu in a single bound!Swine Flu reported numbers are falling and without a single fatality, and the Reserve Bank of Australia deciding to leave interest rates unchanged at http://mr-mortgage.blogspot.com/2009/06/will-australia-avoid-world-recession.htmlradlam@mrmortgage.com.au (Rick Adlam, Mr Mortgage)tag:blogger.com,1999:blog-29076336.post-296481900536813143Thu, 21 May 2009 06:51:00 +00002009-05-21T16:56:47.363+10:00UKFirst home buyershome priceHopeful first-time home buyers think it is a good time to buy their first property despite prices falling 1.7pc in April. Around 57pc of people hoping to get on to the property ladder said they thought house prices would either stay the same or increase during the coming 12 months, while 69pc thought now was a good time to buy, even though the facts say otherwise.One in five first-time buyers http://mr-mortgage.blogspot.com/2009/05/property-dives-but-first-time-home.htmlradlam@mrmortgage.com.au (Rick Adlam, Mr Mortgage)tag:blogger.com,1999:blog-29076336.post-1842801870549436104Thu, 30 Apr 2009 08:01:00 +00002009-04-30T18:45:53.261+10:00today tonight scamChannel Seven Scamtv scamThe oldest scam in the book is to "let people in on a secret to get rich".If you knew a secret that did this you would be too busy using the knowledge and counting the money to tell anyone. Unless your secret to wealth is to in fact make money from people that you dupe into believing that you are in fact a nice person and want to help. To do this you need a prop. Something that gives you the http://mr-mortgage.blogspot.com/2009/04/channel-sevens-tonight-bagged-as.htmlradlam@mrmortgage.com.au (Rick Adlam, Mr Mortgage)tag:blogger.com,1999:blog-29076336.post-5759876615266675920Thu, 16 Apr 2009 04:13:00 +00002009-04-16T14:41:17.404+10:00mortgage stress.For over 100,000 Australian's the dream of homeownership could turn sour as sources expect that 30,000 homes will be repossessed or mortgages foreclosed on as almost half a million Australians are plunged into severe mortgage stress by the end of the year.Are you suffering Mortgage Stress?And around a third of the expected repossessions will be first time home buyers who bought in the last 12 http://mr-mortgage.blogspot.com/2009/04/will-30000-australian-homes-be.htmlradlam@mrmortgage.com.au (Rick Adlam, Mr Mortgage)tag:blogger.com,1999:blog-29076336.post-7465697630818512973Sun, 08 Feb 2009 08:29:00 +00002009-02-08T19:54:57.384+10:00economic slowdownbad debtsCBACommonwealth Bank of AustraliaCommonwealth Bank of Australia Ltd first-half profit figures were better than expected, taking much of the suspense out of its results announcement this week.Nevertheless, investors and analysts will be looking closely at the report on February 11 to see how much bad debts have increased because of the economic slowdown.Mortgage lenders and home buyers want to know whether loan margins have http://mr-mortgage.blogspot.com/2009/02/banks-had-for-bleak-year-of-bad-debts.htmlradlam@mrmortgage.com.au (Rick Adlam, Mr Mortgage)tag:blogger.com,1999:blog-29076336.post-689935436527213787Sat, 07 Feb 2009 05:36:00 +00002009-02-07T15:47:08.733+10:00Mortgage ratesLehman Brothers. RBAReserve Bank of AustraliaThe Reserve Bank of Australia has flagged the likely end of big interest rate cuts, with some economists betting it may hold back on further reductions for several months.And financial markets scaled back expectations today on the depth of future interest rate cuts after the RBA released its quarterly statement on monetary policy.A Credit Suisse report said financial markets now priced a total ofhttp://mr-mortgage.blogspot.com/2009/02/reserve-bank-of-australia-flags-end-to.htmlradlam@mrmortgage.com.au (Rick Adlam, Mr Mortgage)tag:blogger.com,1999:blog-29076336.post-405237770450693656Tue, 03 Feb 2009 21:02:00 +00002009-02-04T07:10:07.433+10:00business loanscorporationscredit crunchbusiness financeBusiness finance is shrinking which is a big concern to the RBA.Figures collated by the Reserve Bank of Australia show the amount of credit outstanding to businesses and consumers fell 0.3per cent in December to just over $1.9trillion - the first monthly fall since 1992 - slowing what was expected to be a steady rise to $2trillion. Outstanding debt has roughly doubled in the past six http://mr-mortgage.blogspot.com/2009/02/business-loan-finance-retreats.htmlradlam@mrmortgage.com.au (Rick Adlam, Mr Mortgage)tag:blogger.com,1999:blog-29076336.post-4450666161209713431Mon, 02 Feb 2009 09:06:00 +00002009-02-02T19:13:52.814+10:00lendersmicrocreditMicrocredit programs are quite often targeted at poor women.They talk of enterprise rather than charity; of helping the world's poorest trade their way out of poverty.And for the microcredit movement, 2008 has marked an important milestone.More than 106 million of the world's poorest received small loans to kick start their entrepreneurial dreams last year.The basic concept behind microcredit is http://mr-mortgage.blogspot.com/2009/02/micro-loans-help-destitute-out-of.htmlradlam@mrmortgage.com.au (Rick Adlam, Mr Mortgage)tag:blogger.com,1999:blog-29076336.post-6386407473438821918Fri, 23 Jan 2009 03:11:00 +00002009-01-23T13:44:30.274+10:00Queenslandsimonds homesqldSimonds Homes Queensland closed its doors this week and I say good riddance to them. If I could I would kick them all the way back to Victoria. They are not nice people to deal with in my opinion.If I were buying a home anywhere in Victoria, Simonds Homes would be the last people I would contact.As a past employee of Simonds Homes in 2008, I could see the writing on the wall.Over priced homes http://mr-mortgage.blogspot.com/2009/01/simonds-homes-queensland-close-down.htmlradlam@mrmortgage.com.au (Rick Adlam, Mr Mortgage)tag:blogger.com,1999:blog-29076336.post-8947305075858452309Thu, 22 Jan 2009 21:00:00 +00002009-01-23T07:28:27.543+10:00Lehman BrothersAsset SalesMerrill LynchUS BanksCitgroupCrippled US banks need to sell their best assets as they relieve the strain of the credit crisis that they themselves created and on sold to many other banks.Sell off and Sell off EarlyThe lesson to be learnt from this credit crisis has been to sell off assets and sell them early.However, it appears that US bankers are setting out to make the same mistakes of the past 2 years again."How low can http://mr-mortgage.blogspot.com/2009/01/us-banks-to-liquidate-best-assets.htmlradlam@mrmortgage.com.au (Rick Adlam, Mr Mortgage)tag:blogger.com,1999:blog-29076336.post-1908089516199022969Mon, 15 Dec 2008 12:11:00 +00002008-12-15T22:20:53.513+10:00credit unionsBig banks don't like personal loans, they are small and you can't make a lot of money and there is no security offered. So it's good to have a customer-friendly alternative for those car loans and other unsecured loans.As the banks losses in other areas start to sink in, banks and other financial institutions have become increasingly reluctant to provide certain types of loans, pulling back on http://mr-mortgage.blogspot.com/2008/12/credit-unions-get-personal.htmlradlam@mrmortgage.com.au (Rick Adlam, Mr Mortgage)tag:blogger.com,1999:blog-29076336.post-145845641470083314Mon, 08 Dec 2008 07:53:00 +00002008-12-13T07:53:45.297+10:00variable interest ratesmortgage predictionfixed rate mortgageAs predicted by Mr Mortgage for the past ten years, those who fix their mortgage rates will lose money.The people that mortgage rate reductions are hurting most are the one's who recently took other so called experts advice and fixed their home loan mortgage rate, at what has turned out to be, the then highest rate its been this century, whilst watching rates fall to the lowest rates, maybe ever!http://mr-mortgage.blogspot.com/2008/12/mortgage-rate-cuts-are-hurting-those.htmlradlam@mrmortgage.com.au (Rick Adlam, Mr Mortgage)tag:blogger.com,1999:blog-29076336.post-8480867434385827082Wed, 26 Nov 2008 04:02:00 +00002008-11-26T14:07:37.098+10:00House pricesmortgage financeRecovery in house prices in the UK will be a long way off.This past year will go down in the UK as the one in which the housing market raced from boom to bust.In the autumn of 2007 prices began to fall each month as the international banking crisis took hold.With the mortgage supply drying up, house sales have now slumped by more than half, first-time buyers have increasingly been driven from http://mr-mortgage.blogspot.com/2008/11/how-low-will-house-prices-go-in-2009.htmlradlam@mrmortgage.com.au (Rick Adlam, Mr Mortgage)tag:blogger.com,1999:blog-29076336.post-5054915547887636135Sun, 23 Nov 2008 22:32:00 +00002008-11-24T08:39:30.037+10:00mortgage interest ratesRBAReserve Bank of AustraliaThe Reserve Bank of Australia's board will be cutting mortgage interest rates deep again for XmasGovernor Glenn Stevens said board should consider up to a 75 basis point to a 1.0 percent rate reduction.The board decided to cut rates by 75 basis points, taking official rates to 5.25 per cent, in light of the continuing poor conditions in financial markets, the significant deterioration in the http://mr-mortgage.blogspot.com/2008/11/reserve-bank-of-australia-to-cut.htmlradlam@mrmortgage.com.au (Rick Adlam, Mr Mortgage)tag:blogger.com,1999:blog-29076336.post-5961208605450120833Wed, 12 Nov 2008 22:03:00 +00002008-11-13T09:24:37.015+10:00First home buyersFirst time home buyersThose of us who have lived through two, now three first home buyers incentive schemes know two things that most people don't. The first is that putting money into first home buyers pockets is like spraying petrol into a car engine. When the fire is burning you will get a massive acceleration, more maybe than the energy you put in. When you do the same to a sluggish or dead engine, you will flood http://mr-mortgage.blogspot.com/2008/11/will-house-prices-rise-in-line-with.htmlradlam@mrmortgage.com.au (Rick Adlam, Mr Mortgage)tag:blogger.com,1999:blog-29076336.post-2844816878692554541Fri, 07 Nov 2008 00:40:00 +00002008-11-07T10:56:42.339+10:00Rick ADlamRick Adlam has uploaded his personal web page so that friends and past acquainences can find hime easily.If you want to findout more about rick adlam but were afraid to ask, please visit http://rickadlam.mrmortgage.com.au/ now.There are a lot of Rick Adlam's in the world and I just wanted to get to no 1 in Google, Says Rick Adlam.http://mr-mortgage.blogspot.com/2008/11/rick-adlam-has-uploaded-his-personal.htmlradlam@mrmortgage.com.au (Rick Adlam, Mr Mortgage)tag:blogger.com,1999:blog-29076336.post-8592692963179994947Sun, 12 Oct 2008 20:09:00 +00002008-10-13T06:24:08.593+10:00bank deposit guaranteeAustralia's Prime Minister Kevin Rudd has announced three measures to help to build confidence in the Australian Finance market.Firstly he says that the Government will guarantee all deposits, regardless of ammount, in all Australian banks, building societies, credit unions and in the Australian subsidiaries of foreign banks. This move will prevent any run on bank funds from nervous deposit http://mr-mortgage.blogspot.com/2008/10/australia-guarantees-all-bank-deposits.htmlradlam@mrmortgage.com.au (Rick Adlam, Mr Mortgage)