Home Loans & Mortgages » Mortgage Rates

Home buyers and homeowners confidence highest in 2 years

Rick Adlam — Sat, 05 May 2012 22:12:37 +0000

It is beginning to look like Australia will dodge the recession bullet. Australians’ confidence in the future have risen its best level in nearly two years, as home buyers and homeowners grew more optimistic about an early economic recovery. A predicted slide in house values hasn’t happened, and in many parts of the economy its business as usual.

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Home loan rates tumble as RBA slashes cash rate by 1%

Rick Adlam — Fri, 06 Apr 2012 22:14:32 +0000

Australia’s financial markets were taken by surprise when the tipped 0.5% cash rate reduction was doubled to a massive 1%pa reduction to 6%pa. According to Mr Mortgage said that this was the largest rate reduction since the early 1990′s and shows that the last interest rate rise was one too many, and that the RBA is now [...]

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Mortgage Rates: Banks in for a fight with Greens & Independents.

Rick Adlam — Wed, 04 Apr 2012 22:27:48 +0000

The Green bank fees and interest rate agenda The Greens have bills before parliament to: Regulate interest rate rises by ensuring banks charge no more than a fixed amount above a base rate, Force banks to offer basic, free transaction accounts to all customers, ban Bank ATM withdrawal fees and to cap mortgage exit fees.

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