Search results

so boys and girls. What's the outlook - 20% / 30% decline through forced sales when all those margin calls come home to roost? where are we going to grab us some bargains - us greedy cashed up looters? [Edit: posts split from this thread]

AFR article David Uren | March 7, 2008 THE economy is headed for recession next year, with a 50 per cent plunge in share values and a double-digit drop in house prices. Do I have your attention? While the Reserve Bank takes a largely benign view of the unfolding credit crisis...

Melbourne median house prices: Dec 07 = $480,000 Feb 2008 = $469,000 But they never go down do they? http://www.theage.com.au/news/national/median-house-price-down-11000/2008/03/29/1206207499082.html?page=fullpage#contentSwap1

I've been trying to find out who is behind Homestar mortgages. Someone has suggested ING, although this is not apparent anywhere on the Homestar site. I thought that ING's direct product was through MyRate? Any thoughts - and has anyone had any experience with either Homestar or MyRate...

Does anyone have an idea of how non-bank lenders are regulated in Australia? What is the legal position on your mortgage / property if the non-bank lender goes belly-up? With the proliferation of non-bank lenders, I'm surprised that the security of your loan/investment is not addressed on...

I write this as a new arrival to Australia off the boat, so please excuse my ignorance. I've recently attended several auctions in Melbourne as an observer and I have read through some of the contracts that are presented at these auctions. I've noticed that there is nothing in the...