Rates Unchanged at 1.50%

April 4, 2017 ANZ, Bank of Melbourne, Bank of Queensland, BankWest, Commercial Loan Interest rates, Home Loans, ING Direct, Interest Rates, Low Doc Loans, St George, Suncorp, Westpac by Administrator

Today’s April 4th meeting of the Reserve Bank of Australia (RBA) has announced to keep the cash rate on hold at 1.5%. We expect this to remain stable for the remainder of the year. In the last months we have seen a number of lenders increasing some of their variable rate products. Although owners saw very
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Fixed Rate Home Loans Are Falling

July 8, 2013 Fixed Rates, Home Loans, Investment Loans, Low Doc Loans, Mortgage Broker, variable interest rate by Administrator

Despite the RBA leaving variable interest rates on hold for July, fixed rate home loans and investment loans continue to fall. Below is just a sample of the types of rates you may find in the Australian mortgage market. Please note that these loans may not suit all borrowers so it is imperative that you
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Home Loan Interest Rate Specials

November 14, 2011 ANZ, BankWest, Commonwealth Bank, Home Loans, ING Direct, Interest Rates, Low Doc Loans, NAB by Administrator

Since the last interest rate cut, home loan interest rates have come down. Fixed interest rates are also falling and for the first time in 2 years we see a 2 year fixed rate fall below 6%. Below are some of the better interest rates from various lenders around Australia that include ANZ, NAB, Westpac,
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Tips for Home Loan Refinance – Costs of Switching Mortgages

March 15, 2011 Home Loans, Low Doc Loans, Refinance by Administrator

Before you refinance your home loan in Australia it is important to find out the true cost of switching lenders. You will need to take into account exit and entry fees. It is only when the lower cost in interest rate offsets the fees paid is when you may consider switching lenders. Below are costs you should
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Fixed Interest Rates Are Dropping

August 31, 2010 Home Loans, Interest Rates, Low Doc Loans, Mortgage Exit Fees by Administrator

The Reserve Bank of Australia meets in the first week of September to assess whether interest rates remain on hold or increase. Many economists are predicting that rates are likely to remain on hold. While the variable mortgage rates are likely to rise or remain on hold, fixed rate loans are currently falling. Some of
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Low Doc Loans – Could this be the end?

August 13, 2010 Commercial Property Loans, Home Loans, Investment Loans, Low Doc Loans, Mortgage Scenarios by Administrator

Low doc lending over the last 18 months has tightened significantly. Lenders are increasingly making it harder for self employed borrowers who do not have full financials to borrow. Some of the new changes of low doc loans are as follows; 1 year BAS statements required for loans that borrow between 60 and 80 percent of
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Category: Low Doc Loans