Business Services Industry
Borrowers warned of sting in the tail of longer-term home loans.
Australasian Business Intelligence, February, 2006
Byline: Marc Moncrief
Feb 19, 2006 (The Age - ABIX via COMTEX) -- Longer-term home loans are becoming more common in Europe and the US. Research house,
Cannex, argues that they could be used in Australia to make housing more affordable for low-income earners. InfoChoice, however, warns that although an extended loan may reduce monthly payments, borrowers will end up paying much more interest. GM Dennis Orrock believes they could also create another housing boom by artificially inflating house prices.
Publication Date: 20 February 2006
CANNEX (AUSTRALIA) PTY LTD: INFOCHOICE LIMITED - ASX ICH: MORTGAGE CHOICE LIMITED - ASX MOC
All copyright subsisting...
Premium Content Partnership |
HighBeam Research provides an in-depth online archive library of reference works.
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Design a commission plan that drives sales - Sales Commissions
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
