Home Loans & Mortgages

The Reserve Bank of Australia Board meets today to decide the fate of homeowners home loan rates, and whether to raise interest rates Our tip is that home loanrates will stay as is. The RBA will not raise the official cash rate till the picture of the Australian and World Economies becomes clearer. Sudden collapse [...]

Death is a delicate topic, one that many people avoid at a cost to those they leave behind. By not making a will, they are failing to protect what is usually their largest asset, the home and the costs of the ongoing mortgage loan. Non-bank home loan lender Resi Mortgage Corporation says anyone with a [...]

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Professional Home loan packages or ‘pro packs’ were once restricted to people with high income professions and qualifications such as doctors, lawyers, accountants and engineers and senior managers. But now they’re available to any home buyer and, in some cases, require combined borrowings of just $150,000 to activate. As the average mortgage home loan is now around [...]

Mortgage Rates: RBA may lift rates next month, if not then August As the impact of rising fuel prices and the devastation of the floods hit Australian inflation, major banks are shifting their forecasts for the next official interest rate rise to next month. Inflation will hit interest rates The Reserve Bank of Australia tries [...]