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1989

Mortgage Applications News

Mortgage Insurance Helps Lenders, Not Borrowers

Tuesday June 20, 1989
FOR home buyers, particularly in the current property market, the prospect of defaulting on their mortgage and being forced into a "fire sale" is frightening indeed. Already, as interest rates remain stuck at historically high levels, the number of home owners seeking urgent Gove

Mortgage Relief Requests Double

Friday June 16, 1989
The number of homeowners seeking urgent Government help because they are unable to meet mortgage repayments has doubled, putting strong pressure on a$3 million emergency fund. Under the NSW Mortgage Assistance Scheme, people unable to meet their mortgage repayments can qualify for an emerg