Home Loans & Mortgages » Banks

Westpac plans to drop the BOM on parochial Victorians

Rick Adlam — Wed, 04 Jan 2012 21:14:05 +0000

After all Westpac has pulled itself from near bankruptcy in the early nineties to be a contender Australia's biggest bank. Mainly at the cost of its mortgage holders, during the Global Financial Crisis, and the "Banana smoothie" scandal. [Free publicity is good publicity, and who doesn't like a banana smoothie Gail, right?] So there's a missed branding opportunity. "The Banana Smoothie Bank". [smoothie in more ways than one it would seem]

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Mortgage Fees: Will mortgage “exit fee” ban undo homebuyers

Rick Adlam — Wed, 30 Nov 2011 09:13:36 +0000

Mortgage fees: The Australian Labor government is about to legislate against home loan exit fees. Is this good or bad news for new home buyers ? From July 2011 home loan exit fees will be banned if the Government can pass its legislation to abolish them. The purpose of banning mortgage exit fees [or deferred [...]

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Home Loans & Mortgages - Lower Your Interest Rates: Home Loan News & Mortgage Tips

Home Loans: Would making home loans harder to get be better for home buyers?

Rick Adlam — Wed, 23 Nov 2011 09:15:06 +0000

The reason house prices are so high is that it has been easy for people to get into so much debt, increasing the pool of house buyers. To reduce the pool of homebuyers, either build more housing stock, or, make credit less available.

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Home Loans & Mortgages - Lower Your Interest Rates: Home Loan News & Mortgage Tips