There’s nothing worse than walking out of an important meeting, only to realise that you forgot to ask some important questions. One of the most important meetings you will have when you enter the property market is your initial meeting with a mortgage broker. In order to get the most value out of your appointment,… Continue reading Don’t kick yourself later – ask these questions today and avoid loan confusion.
If you have a $ 500,000 loan on 5% and we refinance it to 3.54% you will save $ 427.00 per month in interest. Find out more @ http://www.1300whatloan.com/homeloansaver.html
Earlier this month, the Reserve Bank of Australia made the decision to hold the cash rate at a historically low two percent, an outcome that 29 leading economists and experts in the finder.com.au RBA Survey unanimously predicted. However, with rates expected to rise in the near future, borrowers are being cautioned not to become complacent.… Continue reading Fixed home loans growing in popularity as cash rate holds (for now)
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… Continue reading Late week surprise…….. Me Bank Lowers Interest Changes
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 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
Latest housing industry data shows homes are becoming harder to buy The housing affordability index for many cities has fallen Worst hit was Melbourne, which had a 7.8 percent drop in affordability But in Sydney, it costs almost $4000 per month to pay for a loan Other state capitals and regional areas saw slumping affordability… Continue reading It now costs $4,000 A MONTH to pay the mortgage on an average house in Sydney, and affordability is plunging across the country… so will you EVER be able to afford your own home?
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
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
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
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? 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”
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