AMP – owner occupied decreasing Homeloan Interest rates

Variable Rate Loans Special Offer – for loans with an Owner Occupied security AMP Essential Home Loan – owner occupied (up to and including 90% LVR) decreasing to 3.99% pa Professional Variable Rate Loan – owner occupied $750k+ & <= 80% LVR decreasing to 3.99% pa Professional Line of Credit owner occupied $750k+ and <=… Continue reading AMP – owner occupied decreasing Homeloan Interest rates

Negative Gearing in the Property Market

Negative gearing is commonly used throughout Australia as it provides individuals with an opportunity to make an investment that wouldn’t necessarily be afforded otherwise. Put simply, negative gearing is when an individual funds an investment using debt financing, and this is offset in individual tax returns. Read full article Source: ATB Partners

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

Fourth major bank hikes Interest rates

Last major banks announces variable rate rises The last of the four major banks has decided to increase variable rates on owner occupied and investment home loans. ANZ by 0.18% NAB by 0.17% CBA by 0.15 % The Reserve Bank of Australia still has Interest rates at its lowers in decades at 2%. BUT with… Continue reading Fourth major bank hikes Interest rates

FIRST MAC Bank – Product Update

Commonwealth Bank Interest Rate Changes

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  

  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… Continue reading   ING Interest Rate Changes

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”

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… Continue reading Amp bank Interest Rate Changes

Good news for aspiring property buyers in Melbourne and Sydney

Aspiring property buyers in Melbourne and Sydney will soon have the opportunity to minimise those necessary but pesky property inspection costs when buying a home. Easy Inspect, a Melbourne based startup, aims to use its platform to pool interest and crowd-source property inspection resources to drive down the cost of property pre-purchase inspection services which,… Continue reading Good news for aspiring property buyers in Melbourne and Sydney

Realestate.com releases Apartment Hotspots List

Victoria has had the most searches for off the plan apartments nationally over the past three months, according to realestate.com.au’s New Apartment Hotspots list. . The following ten Australian suburbs have had the most views for off-the-plan apartments in the past three months: 1. Collingwood (VIC) 2. Hampton (VIC) 3. Lane Cove (NSW) 4. Mosman… Continue reading Realestate.com releases Apartment Hotspots List

Sydney land prices now rising faster than houses

21 February 2015: Sydney’s median residential land price increased by 19.7 percent over 2014 and the city clearly remains the most expensive of all the state capitals, according to data from the Domain Group. The December quarter median land price of $390,000 was well ahead of Melbourne at $245,000 and Brisbane $237,950. Dr Andrew Wilson,… Continue reading Sydney land prices now rising faster than houses

Whats making news this week

Analysis: Is it worth fixing your home loan? Property Observer For mortgage holders, low interest rates are providing opportunities to save considerable sums on their home loans. How to save on your home loan NEWS.com.au “These lenders are trying to bring in big fish,” said mortgage broker Hank Hong of Home Loan Experts, who two… Continue reading Whats making news this week

Mortgage stress in Brisbane and Melbourne

Last week you might recall that I was sympathising with Sydney-siders who have the worst mortgage stress in Australia. Apparently a lot can happen in a week because the new figures are now showing that Sydney people are no longer the worst off – this dubious honour now goes to mortgage holders living in Brisbane,… Continue reading Mortgage stress in Brisbane and Melbourne