Finance & Mortgage

'Home Loan Applicants Urge to Research on Bank Rates Well

Bank customers wishing to compare the lending rates of major Aussie banks should research the facts by themselves as these will not be volunteered to them, according to consumer advocacy group Choice.

'China Shanghai Changes Housing Tax

China - The Shanghai city government is offering lower taxation for the average homepurchase after revising the standards of "ordinary" houses on Thursday. However, experts are cautious about whether the new standards will help "wait-and-see"homebuyers make a faster decision.

'Mortgage rates inch up, but downward trend continues

The average rate for a 30 year fixed rate mortgage increased 1 basis point to 3.98 percent since last week, but the downward trend has yet to find its bottom.
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