Tag Archives: facing bank repossession

The New “Norm” with Banks

With the current LockDown in Australia such as Victoria and Melbourne, most banks have developed virtual banking services with effortless, swift and convenient ways of processing clients mortgages. In Australia, many small and bigger banks are offering online service. Chat on WhatsApp Accepting electronic signatures rather than traditional paper signatures. You are able to sign...

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Tough Times Ahead For Home Buyers

There is a looming  interest-only loan crack down on major banks in Australia. A leading economist, Richard Holden, issued a warning early this week that the housing market could be going down for US-style meltdown as the intended crack down on interest-only mortgages forces homeowners to paying off the principal on their home loans. It...

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