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Westpac Lowered Interest Rates after RBA Cut
Westpac bank has lowered their 1-year fixed rate home loans to 4.79%, and the Bank of Melbourne and St George also lowered their 5-year fixed rate home loans to under 5%. The three banks lowered their interest rates after the Reserve Bank of Australi...
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New Accounts Come From New Banking Regulations
Australians are seeing big changes in the way they can save as term deposit
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Will Australia’s Property Market be the Same as Ireland?
Analysis of the Irish housing market has sparked concerns for the Australia
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Banks Add Interest to Loans to Protect Australian Borrowers
Australian banks are adding extra percentage points to new home loans to en
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Reverse Mortgage Radio Show Launches in Texas
A reverse mortgage radio show launched this year in Texas is providing week
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Economists Say Australian Housing Market on Smooth Rise
Economists say the Australian housing market is on the way up, with the inc
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Westpac Lowered Interest Rates after RBA Cut
Jun 7, 2013Westpac bank has lowered their 1-year fixed rate home loans to 4.79%, and the Bank of Melbourne and St George also lowered their 5-year fixed rate home loans to under 5%. The three banks lowered their...
New Accounts Come From New Banking Regulations
May 31, 2013Australians are seeing big changes in the way they can save as term deposit accounts fall in popularity and new banking regulations pave the way for new ‘notice accounts’. News Limited Net...
Will Australia’s Property Market be the Same as Ireland?
May 19, 2013Analysis of the Irish housing market has sparked concerns for the Australian property market, reported the Broker News. Ireland’s property values fell an average of 50% since 2007, and homeowner...
Banks Add Interest to Loans to Protect Australian Borrowers
May 19, 2013Australian banks are adding extra percentage points to new home loans to ensure home loan borrowers can continue to pay their loan over the long-term, reported the Herald Sun. In the past, banks would...
Reverse Mortgage Radio Show Launches in Texas
May 17, 2013A reverse mortgage radio show launched this year in Texas is providing weekly reports and advice, particularly on specialist home loans, reported The Reverse Mortgage Daily website. Sente Reverse Mort...
Economists Say Australian Housing Market on Smooth Rise
May 14, 2013Economists say the Australian housing market is on the way up, with the increasing number of sales described as a ‘run’ and not a ‘boom’. Most analysts anticipate single-digit ...
New Changes to Guarantor Requirements to Help Home Buyers
May 14, 2013New changes to guarantor requirements for mortgages will allow first home buyers without sufficient funds for their deposit to buy a home, said Carol King of Loan Market Maroochydore. King said that F...
AFG Says Fixed Rate Mortgage Customers Up for March
May 10, 2013The Australian Finance Group (AFG) said that one in three new home loan borrowers chose fixed interest rate home loans in March. AFG also published the AFG Mortgage index showing nearly 30% of all new...
Australians Use Low Home Loan Rates to Repay
May 1, 2013Australian home loan customers are using the advantage of low interest rates to get ahead on their home loan payments. More than half of borrowers have used the current low interest rates to reduce th...
Fixed Rate Home Loans Most Popular with Queenslanders
May 1, 2013More Queenslanders are eager to get fixed rate home loans while Victorians are not, according to a report by Property Observer. Fixed rate home loans were the most popular in Queensland at 23.05% of a...