Home Loans

Mortgage interest rates to stay low

Rick Adlam — Thu, 19 Aug 2010 21:01:31 +0000

RBA will leave mortgage interest rates on hold for the rest of the year.

Mr Mortgage predicts that home loan rates will stay as is till at least Feb 2011. That’s if they don’t come down. Here’s my reasoning.

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Home Loans - Home Loan & Mortgage Interest Rates info

Tags: Home Buyers, Home Loan Finance, first home buyers, Mortgage Interest Rate, Mortgage Rates, Mortgage Interest Rates, Building A New Home

Post from: Home Loan News & Views

Home Loans - Home Loan & Mortgage Interest Rates info

Government to stop bank credit card scam

Rick Adlam — Wed, 18 Aug 2010 21:54:52 +0000

Australia's banks have been charging over the top interest rates with the excuse that they are risky. That's one thing. Then when the official interest rates were reduced, they did not reduce these high rates on credit cards. [The rate difference will be good for our mega profits. Thanks RBA for that say the banks.] On top of that they have been slugging the poor consumer extra fees for going over their credit limit on their credit card. But wasn't that the banks fault in allowing that transaction, and isn't that the banks' excuse for the high credit card rate in the first place?

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Home Loans - Home Loan & Mortgage Interest Rates info

Interest rates to stay low for months

Rick Adlam — Sat, 14 Aug 2010 03:35:17 +0000

Australian homeowners blessed with a Goldilocks economy: not too hot for rates to rise, and not too cold to cause unemployment to be a concern. Over time the direction for mortgage interest rates seems higher, as low unemployment may drive inflation higher in 2011 to 2012.

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Home Loans - Home Loan & Mortgage Interest Rates info