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If Obama is the answer what is the question?

Rick Adlam — Sat, 04 Feb 2012 21:17:16 +0000

If Obama's the answer, then what is the question? It's the economy, Dummy!

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

Low doc home loan competition hits Adelaide Bank bottomline

Rick Adlam — Tue, 31 Jan 2012 21:12:13 +0000

Adelaide Bank has issued an earnings downgrade after intensifying competition in the mortgage lending sector forced it to remove premium pricing on its low-documentation home loans. The regional bank revised its earnings per share (EPS) growth forecast for fiscal 2007 to between 6c and 9c a share, down from 10c. The downgrade surprised the market [...]

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

Home Loans: Are Choice being paid by the banks to do promos?

Rick Adlam — Sat, 28 Jan 2012 21:13:08 +0000

If you can get a better loan interest rate just by asking, what does that tell you about the bank? Its ripping all their clients off! So why would you continue to do business with them at all? As an analogy, if you discovered your baker was taking a slice out of every loaf he sold you for the last two years, would you be happy if he just said he would stop robbing you from now on? No. So why does this logic not apply to home loans?

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