Short-term mortgage debt relief comes at a high price

While these agreements provide borrowers experiencing difficulty meeting their mortgage repayments with immediate relief and allow them in many cases to stay in their homes, the practice was last night criticised by Fianna Fails finance spokesman Michael McGrath. Speaking to the Sunday Independent, he said: The reality of arrears capitalisation… Read more“Short-term mortgage debt relief comes at a high price”

Eight strategies to increase your serviceability as a property investor

To create a sustainable property investment portfolio, you need consistent and reliable cash flow. It’s every investor’s bread and butter, giving you the means to leverage into real estate with other people’s money and manage all the ongoing costs, including monthly mortgage repayments, management fees and maintenance bills. With today’s… Read more“Eight strategies to increase your serviceability as a property investor”

Suspected home loan frauds plague Westpac, ANZ

Two of Australias biggest banks are investigating alleged fraud by several home loan borrowers who rely on foreign funds. According to the Australian Financial Review, both banks discovered that they have approved hundreds of home loans backed by fraudulent Chinese income documents and allegedly manufactured with the help of mortgage… Read more“Suspected home loan frauds plague Westpac, ANZ”