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#mortgage — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #mortgage, aggregated by home.social.

  1. One Nation pushes for early super access for Australians paying rent or mortgage

    Pauline Hanson has insisted One Nation’s proposed superannuation early access policy would have a “neutral” impact on inflation,…
    #Australia #AU #Austrlia #barnabyjoyce #costofliving #federalgovernment #mortgage #onenation #onenationpolicies #PaulineHanson #politics #rent #superannuation #tanyaplibersek
    europesays.com/australia/90191/

  2. I was unaware of this and when asking my new bank to verify destruction of my biometrics under the APP1988, they are claiming retention under the AML for 7 years after the closure of the morgage.

    Grotesque nany state we live in. So gross. Ian Malcolm from Jurassic Park comes to mind - just because they can collect this stuff, doesn't mean they should. especially when it could or will eventually leak. I cant change my face

    2/2

  3. Fun trap for people apply/refinancing their mortgage. The NextGen biometric that banks are requesting to for verification is being claimed as an exception to the Privacy Act 1988.

    It doesn't have to be de identified or destroyed after verification for Tranche1 entities under the AntiMoney Laundering / CTF act.

    1/2

  4. Looking to buy a house? This creative dude built a very useful dashboard that compares mortgage rates across 120 credit unions. He built it to, in his words, “help people realize they have options and potentially save thousands of dollars a year” Thanks Mahmoud. You did good. #home #mortgage #MortgageRates #finance #HomeLoans #HomeBuying

    finfam.app/blog/credit-union-m

  5. Imagine a Chinese real estate company running a Ponzi scheme & going $300 billion in debt to its lenders.

    Now imagine them defaulting on their #loans & the banks become insolvent.

    Then imagine citizens, seeing the banks drastically weakened, pull their money out of the banks & refuse to make their #mortgage payments.

    This is a 1hr 20min breakdown of #China's crisis.

    "China's Worst Nightmare Comes True, Protests Everywhere, Mortgage Crisis"
    youtube.com/watch?v=uAuaXGm-Wb

    #evergrande

  6. The #mortgage trap - During the pandemic, as #house prices surged, many Australians took out very large #homeloans while interest #rates were at historic lows. Mortgage repayments for some borrowers have doubled or tripled, leaving them drowning in #debt.
    #ABCAustralia are investigating how we got into this situation, who is to blame and what needs to change – and they need your help. Whether improper lending practices have contributed to the current #financial stress that mortgage holders are experiencing. #property

    abc.net.au/news/2023-04-28/hel