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Monthly Archives: September 2010
Banks to move rates up any day now
Now that ALP have been returned to power, and the RBA have made a decision not to move interest rates from 4.5%, there is an expectation that the major banks will be reviewing their interest rate position within a matter … Continue reading
Posted in Australian Banks, Economy, First Home Buyers, Home Loans, Mortgage Refinance, Property
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Home loan numbers slightly higher than expected
Economists believe that overall signs of weakness are still present in the Australian Home Loan Sector and as a consequence RBA will need to keep the interest rates at current levels for the moment. According to the ABS, Australian home … Continue reading
Posted in Australian Banks, Economy, First Home Buyers, Home Loans, Mortgage Refinance, Property
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RBA not expected to move on rates
The Reserve Bank of Australia is having it’s monthly meeting in Adelaide tomorrow. There is expectation that rates will be left on hold for yet another month. Certainly Australia’s economic data shows that our economy has grown at the fastest … Continue reading
Posted in Australian Banks, Economy, First Home Buyers, Home Loans, Mortgage Refinance, Property
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Tight regulation under new credit regime
Applicants for the new Australian Credit License will find that they need to pass very strict new compliance reviews. Applicant will be required to pass rigorous checks to ensure their credit license applications are accurate as the corporate regulator steps … Continue reading
Posted in Australian Banks, Bad Credit Home Loans, Economy, First Home Buyers, Home Loans, Mortgage Refinance, Payday Loans
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New Low Doc Home Loan through Advantege
Advantege, an Australian wholesale lender have come out with a new mortgage product for the self employed. The Advantedge Self-Employed Lite Program, which will be marketed through the Advantege mortgage manager partners, does not require any mortgage insurance payments by … Continue reading
Posted in Australian Banks, Economy, First Home Buyers, Home Loans, Property
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