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NAB latest to drop rates

A price war in Australia’s mortgage home loan market is under way, with National Australia Bank following ANZ and Aussie Home Loans in reducing home loan interest rates.

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Crisis may have silver lining

AS HARD as it might seem now, leading sociologists are predicting some unexpected benefits may come out of the global economic meltdown.

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Home loan lenders want the biggest slice of your wallet

In the nineteen eigthies a local bank manager working out what I could afford to borrow divvied up my pay packet this way: “A third for the taxman, a third for me … and a third for you.” The rule-of-thumb that you can afford to devote about 30 per cent of your gross or pre-tax [...]

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First home buyers grant increased three times for new homes and doubled for used homes

Kevin.Rudd’s increase of the first home owners grant is about shoring up jobs and the economy, and increasing home loan activity for buyers and sellers.

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Council rules hit house costs

EXTRA rules imposed by local councils such as those on increased ceiling heights and noise protection can add as much as 14 per cent to home building costs.

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