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Fix or not: Home Loans
- September 12, 2014
- Posted by: admin
- Category: Finance News, Financial goals, Home loan product, Interest rate
No CommentsA drop in fixed rates by a number of banks and lenders has increased the number of borrowers who are fixing their home loans. If you decide to do the same, make sure you are fixing for all the right reasons not just the lure of a cheap rate. Be fully informed of the implications
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Mortgage Offset accounts explained.
- September 11, 2014
- Posted by: admin
- Category: Budget, Enconomy, Finance News, Financial goals, Home loan product, Interest rate, Technology, Wealth
If you’re looking to shave years and thousands of dollars off your home loan, you might want to consider a mortgage offset account. It’s an account that offsets the balance in that account against the balance of your home loan. This means you pay less interest on your home loan. Over time these savings can
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Fix or not?
- February 15, 2013
- Posted by: admin
- Category: Enconomy, Finance News, Financial goals, Home loan product, Interest rate, Wealth
A drop in fixed rates by a number of banks and lenders has increased the number of borrowers who are fixing their home loans. If you decide to do the same, make sure you are fixing for all the right reasons not just the lure of a cheap rate. Be fully informed of the implications
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Fix or not?
- March 28, 2012
- Posted by: admin
- Category: Budget, Enconomy, Finance News, Financial goals, Home loan product, Interest rate, Wealth
A drop in fixed rates by a number of banks and lenders has increased the number of borrowers who are fixing their home loans. If you decide to do the same, make sure you are fixing for all the right reasons not just the lure of a cheap rate. Be fully informed of the implications
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Westpac has cut interest rates on its fixed rate home loans
- June 28, 2011
- Posted by: admin
- Category: Finance News
Westpac bank reduced rates for its Home and Investment Property Loan for two to 12 year fixed rates, effective today. The two and three year fixed rate products will see a 20 basis point decrease, while the four through 12 year products have been cut by 10 basis points. Westpac stated that the reduction gives them the
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Lenders battle over fixed interest rates
- March 15, 2011
- Posted by: admin
- Category: Enconomy, Home loan product, Inflation, Interest rate
Competition amongst the banks is heating up in the fixed rate arena with ANZ the latest to announce changes to its two year fixed loans. Last week, ANZ became the third lender in as many days to slash its rates, cutting its two year fixed rate by 5 basis points, taking it to just 7.19
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Westpac cuts fixed interest rates
- March 9, 2011
- Posted by: admin
- Category: Home loan product, Interest rate, Wealth
The war between Australia’s major lenders shows no signs of abating, with Westpac slashing rates across a number of its mortgages. Yesterday, the major announced its plans to cut the interest on its two, three, four, five and 10 year home and investment property fixed loans. The lender cut up to 20 basis points from