Home Loans & Mortgages

The Reserve Bank of Australia is widely expected to raise interest rates, though not all believe it will happen tomorrow. Financial markets are on high alert for a rise in official interest rates as the Reserve Bank board prepares to meet today. These rates will flow on to mortgage home loans. There is a high degree [...]

Mortgage Lenders Go Green by reducing and offsetting carbon emissions in home loan processing. Are you concerned about reducing your carbon footprint? Well now the mortgage lender industry wants you to consider reducing carbon emissions by supporting mortgage lenders who offer a carbon-neutral home loan. Many mortgage companies are choosing to go carbon neutral, offsetting their [...]

Comedian and Sitcom Star Jerry Seinfeld is to appear in TV commercials for mortgage home loan lender Newcastle Greater Building Society.

There has been a lot of talk over the last year about the major banks, headed by the Commonwealth Bank, looking for ways to jack up home loan interest rates independent of rate rises by the Reserve Bank of Australia. The major four banks in Australia all posted record profits last year, and want to continue this trend with increasing lending costs since the Government removed its guarantee given to major bank when the Global financial crisis hit.

The RBA has new concerns over the average Australian debt level, which dropped last year is is now creeping up due to higher house prices and bigger mortgages and higher interest rates