St George will officially remove their no deposit home loan product as of 9th April 2009. This means they will no longer offer 100% home loans to its consumers. As mentioned in an earlier post back in January, 100% Home Loans – The No Deposit Mortgage is a Dying Breed, it was a matter of time before Read More
Due to the economic down turn, Australia’s major banks are revising their policy for home loan customers that are experiencing financial difficulty. The banks are looking to extend their repayment holiday policy. This means that a customer experiencing financial hardship will not have to make mortgage repayments for the specified term. However, the intrest on Read More