Late week surprise…….. Me Bank Lowers Interest Changes

Late week surprise Me Bank Lowers Interest Changes   Product Name Flexible Home Loan - 1 Year Fixed (Investment) Flexible Home Loan - 2 Year Fixed (Investment) Flexible Home Loan - 3 Year Fixed (Investment) Flexible Home Loan - 4 Year Fixed (Investment) Flexible Home Loan - 5 Year Fixed (Investment) Flexible Home Loan with Member Package - 1 Year Fixed (Investment) Flexible Home Loan with Member Package - 2 Year Fixed (Investment) Flexible Home Loan with Member Package ...
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BankWest bank increases Interest rates

Bankwest has just announced that it will lift its variable home loan rates. Bankwest today announced it will increase interest rates by 18basis points across its variable home loan portfolio, effective 17 November 2015. Is it time to review your Home Loan ? http://www.1300whatloan.com/news/bankwest-bank-increases-interest-rates
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FIRST MAC Bank – Product Update

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Commonwealth Bank Interest Rate Changes

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NATIONAL AUSTRALIA BANK Bank Interest Rate Changes

Bank Interest Rate Changes Base Variable Rate (Principal & Interest) Previous 4.28% Current 4.15% Change (%) -0.13%   http://www.1300whatloan.com/news/national-australia-bank-bank-interest-rate-changes  
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  ING Interest Rate Changes

Promotional interest rate drop to 3.99% p.aING DIRECT announced enhancements to the current Orange Advantage interest rate promotion, dropping the variable interest rate to 3.99% p.a. (comparison rate 4.19% p.a.) and removing the loan amount threshold of $500,000.They also have our 1% cash back on monthly mortgage repayments of up to $3,000 promotion. All that is required is for customers to: Hold an Orange Advantage Home Loan and an Orange Everyday account Deposit their salary of $1,000 or ...
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The same day the RBA leaves rates alone at 2%. What has your bank do?

 The same day the RBA leaves rates alone at 2%. What has your bank do?  http://www.1300whatloan.com/news/same-day-the-rba-leaves-rates-alone-what-has-your-bank-do “1300WHATLOAN - Keeping you up-to-date with all Lender Changes and Product News”
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Amp bank Interest Rate Changes

From Monday 31 August 2015 the following variable rate special offers available for new business applications: AMP Essential Home Loan Variable Rate 4.09% pa (4.11% pa comparison rate*) Basic Package Variable Rate 4.19% pa (4.23% pa comparison rate*) 2 Year Basic Fixed Rate of only 4.18% pa (4.23% pa comparison rate*). Special rate offers are only for owner occupied loan applications received from 31 August 2015 to 30 November 2015.
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Whats Making News this Week

Heres a roundup of whats making headlines this week: Mortgage brokerage on top Broker News Australia Aussie Home Loans took out the Mortgage Broker of the Year award for the seventh year running at the 2014 Asia-Pacific Banking & Finance Magazine Awards. Pending Home Sales Miss Expectation Business Insider Australia Pending home sales climbed 0.4% month-over-month in April. This missed expectations for a 1% rise. On the year, pending home sales were down 9.4% worse than expectation...
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Sometimes Cutting Costs can end up Costing More

The Reserve Bank of Australia’s Statement on Monetary Policy released in February revealed that the household savings ratio was at its highest point in more than 20 years. According to the central bank, Aussies are tucking away 10% of their disposable income – that’s a massive swing from the mid-noughties when we were spending about 2% more than we earned. But there’s a huge difference between tightening your belt and cinching off the blood flow to your lower extremities. We’re all about s...
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No interest rate rise in March

Being the first Tuesday of the month again - don't they come around quickly! - the Reserve Bank board met again today to decide whether or not to raise the cash rate. Before the meeting, pretty much everybody in financial circles had agreed that there was no chance at all they would raise the rate (and last time everybody said that, they surprised us and did it!). Fortunately today the general punters were right, and the Reserve Bank has decided to allow the cash rate to remain unchanged at 4.75...
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No rate rise; Choice says change banks

Since today is the first Tuesday of the month, the Reserve Bank met again and made a decision on whether or not to raise interest rates. And the verdict is good for us mortgage holders - the official cash rate has remained on hold which means it is unlikely that any banks will increase their interest rates. And since there is no meeting held in January, that means we know where we stand with home loan repayments until at least February 2011. The Reserve Bank board statement made it clear that...
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Many Aussies looking to change their mortgages, but be careful

It's probably inevitable that with a cash rate rise from the Reserve Bank and the subsequent interest rate rises on home loans - especially from some banks like the Commonwealth Bank whic hiked their rate by almost double the Reserve Bank's increase - there will be home loan customers who are thinking about switching to a different home loan, hoping for a better deal. In fact, news this week from mortgage brokers is that they have been flooded by home owners trying to find out if there is a b...
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Sneaky banks raise rates during Melbourne Cup

Were you busy watching the Melbourne Cup this afternoon? Perhaps even participating in a few Cup-related festivities? Even over here in Perth, most people I know were enjoying a Melbourne Cup lunch - the 3pm race in Victoria means it runs at midday here - and certainly nobody else I know was paying any attention to what the Reserve Bank or the big four banks were up to. And no doubt (I think!) that's one of the main reasons why the banks are already passing on the Reserve Bank's rate rise, wi...
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Australia’s an interest rate rise circus at the moment

If you'd been reading The Australian newspaper's website last week instead of ours, you might have thought for a short time that the Reserve Bank had raised the cash rate after all. According to the clever nit-picker that is Media Watch, The Australian obviously had a "interest rates have risen" story ready to go the second the Reserve Bank announced a change - as many had expected them too - but then they kept rates on hold! In some kind of technological confusion, The Australian still managed ...
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