Labor missed a trick with mortgages
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According to the Urban Institute, more than 26.9 million Americans own their home outright. Some bought their homes with cash, while others whittled away at their mortgages year after year until they were goneMaybe you worked with a great real estate agent and got a deal on your home, but-like two-thirds of American homeowners-you had to take out a mortgage to finance the purchase.
Labor missed a trick with mortgages.. It was a major misstep for Labor not to interact with the mortgage broking fraternity, given the opposition’s strong stance on economic matters. Negative gearing reforms were a major policy for Labor, which could have easily won over an army of mortgage.
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Labor missed a trick with mortgages. Few sectors of the financial services universe had more riding on the 2019 federal election than mortgage broking. A Labor victory would have been a devasting blow to the third-party channel, which is responsible for helping most aussies secure finance to.
Gloomier Economic Outlook Brightens Housing Outlook Gloomier Economic Outlook Brightens housing outlook mortgagenewsdaily.com Freddie Mac’s forecast for June sees more dark clouds than usual , but few of those are on the housing front. The company’s Economic and housing research group notes that some of those gathering clouds, concerns about global growth and the lingering trade problems.
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India’s central bank cuts rates by 25 bps; changes stance to ‘accommodative’ The Reserve Bank of India (RBI) on Thursday cut the policy rate by 25 basis points (bps), as widely expected, and changed its stance to ‘accommodative’, which Governor Shaktikanta Das said meant rate hikes were off the table. Economists, however, see this as a sign of more rate cuts to come.What do Aston Villa need to do to survive in the Premier League? Dean Smith: ‘Aston Villa is a Premier League club’ Result: United beat Spurs in Shanghai to continue strong pre-season result: bale scores as Madrid overcome Arsenal in all-action clash