Whether you’re affected by fluctuating interest rates or by a change in your personal circumstances, the pressure of maintaining regular mortgage loan repayments can be overwhelming at times. Here is some information to help you understand the available alternatives. What to do before it gets worse If you’re about to miss a mortgage payment or already have, rest assured there is help available. Taking a big breath and raising the issue with your lender is the best thing you can do – in fact, the earlier you do that, the more options your lender will have to assist you. Failing to resolve the situation may force the lender into taking action against you. This can include: - Fees being applie
Things have certainly moved fast this year with plenty of action across the economic, political and social landscapes. From changes in Prime Ministers to international sporting events, our nation could not be accused of being 'boring' in 2018. As happens each December, the Herron Todd White offices around the country provide a nuanced view on how property markets played out in the last 12 months. It's a telling story – particularly as the team have also looked back at the predictions they made in February this year to see how they fared. This frieze of 2018 encompasses residential, industrial and rural sectors from coast to coast, so you'll be well versed to talk Australian property at this
At its meeting today, the Board decided to leave the cash rate unchanged at 1.50 per cent. The global economic expansion is continuing and unemployment rates in most advanced economies are low. There are, however, some signs of a slowdown in global trade, partly stemming from ongoing trade tensions. Growth in China has slowed a little, with the authorities easing policy while continuing to pay close attention to the risks in the financial sector. Globally, inflation remains low, although it has increased due to the earlier lift in oil prices and faster wages growth. A further pick-up in core inflation is expected given the tight labour markets and, in the United States, the sizeable fiscal s
