Adds
Author Archives: Jeremy
Interest Rate News
Latest Interest Rate News The Reserve Bank has handed borrowers and the struggling non-mining sector some relief, shaving interest rates by 50 basis points in a surprise move. At its May meeting the board of the central bank cut the … Continue reading
Rates On Hold
The Reserve Bank of Australia has decided to keep the official cash rate unchanged. The Board decided to leave the cash rate at 4.25 per cent for the third consecutive month. The decision was largely expected, with most economists now … Continue reading
Savings and Loans Terms
Common terms relating to Savings and Loans mortgages There are many words that are specific to home buyers, sellers and lenders. This list explains words you will hear or read when looking into home ownership and home loans with Savings … Continue reading
Current Interest Rates
Interest Rates RBA It seems with all the micro managing by the RBA, home loan interest rates are likely to remain in their current band. Keeping rates on hold while the economy wilts is a novel idea. I wonder if … Continue reading
Home Loan Interest Rates Are On The Move
Home Loan Interest Rates Are On The Move Home loan interest rates are on the move. Lenders are offering discounted fixed rates. So should you stick with the variable rate loan, or move to a fixed rate loan. This is … Continue reading
Australian Housing Lending Rates
Average Australian Housing Lending Rates Up until recently average Australian Housing Lending Rates have closely followed the official interest rate as issued and declared by the Reserve Bank of Australia. The graph included in this post illustrates this correlation. Please … Continue reading
Switching Mortgage Lenders
Think Before Switching Mortgage Lenders The big four banks are getting a hammering in the popular media at the moment about raising their home loan rates. Maybe they deserve the publicity, maybe they don’t. However before you take a leap … Continue reading
Posted in Australian Home Loans, Australian Interest Rates, bank loan statement checking software, home loan interest rates australia, home loan statement checker, mortgage checker software, refinance home loan, Should I Refinance My Home Loan
Tagged mortgage fees, Switching Mortgage Lenders
1 Comment
Interest Only Mortgage
What Is An Interest Only Mortgage? Interest only mortgage home loans while becoming more popular, are a long way from taking over from the standard principal and interest home loan as the norm for most borrowers in Australia. In the … Continue reading
Refinance to Reduce Your Mortgage Payment
Refinance to Reduce Your Mortgage Payment If you are struggling to meet your monthly mortgage payment, you might consider applying for a home loan refinance quote. Refinancing your mortgage for a longer period can considerably lower your monthly mortgage payment. … Continue reading
Home Loan Interest Rate Cut
A Welcome Home Loan Interest Rate Cut The cut in interest rate’s, is a welcome respite for home loan borrowers. But should we just bask in its glow or should we be thinking longer term. After all home loans are … Continue reading