Low deposit home loans
Low deposit, when is it going to No deposit? back in the good old days pre GFC a big portion of our loans we wrote were No deposit as first home owners were trying to get into the market then we had a melt down in the financial markets overseas and that [...]
ING Direct have lowered their fixed interest rates again…
As always, the media is making as much noise as possible about house prices, interest rates and the economy and then there is various monthly and quarterly reports on house prices from valuers, property consultants and economists, so I’m going to try to put them altogether and bring the whole show back to Earth.
OK lets [...]
What! I hear you say, home loan interest rates to go down, well someone had to say it and it appears John Edwards from residex is the first to stand up and give his view on why the next rate move may be down.
He noted the top 5 reasons that he thinks are signs that [...]
At its meeting today, the Board decided to raise the cash rate by 25 basis points [...]
Will the Greek financial crisis give the RBA an excuse to put a hold on increasing the cash rate. Economists have indicated the RBA may loose it’s nerve to move the official cash rate next week despite the comments of the assistant governor Guy Debelle’s playing down Greece’s impact on the Australian economy.
Another senior [...]
Despite the central bank’s respite on raising interest rates this month, borrowers can still expect two more rate rises in 2010, says an economist.
That’s the bad news.
The good news is the cash rate will hold steady at 4.25 per cent for the next 10 to 15 years, as Australia moves into a new era of [...]
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