In a recent article from Australian Broker Online it stated that the majors have all drawn the ire of consumers for their out-of-cycle rate moves, but one has taken the brunt of the anger with its satisfaction dropping more than twice that of its rivals. ANZ has seen its customer satisfaction fall by 3.1% for […]
There has been a lot said lately in Newspapers, TV, and radio about the Big Four Banks increasing interest rates outside of the Reserve Bank cycle, and whilst I am not one to defend the Big Four Banks, they are not the only Lenders to increase their interest rates. The following are the increases in […]
If your goal is to buy a property in the New Year, be it an investment property or a new home, you should begin preparing now. The key to a successful purchase is, of course, finance so you’ve got to be pro-active in how you plan to appeal to lenders. There is a whole range […]
In an article from The Adviser it stated more than one third of first home buyers believe they cannot save for a home loan deposit within the next three years. According to new data from ING Direct, 36 per cent of first home buyers said there is “no way” they would be able to […]
Safeguard yourself against any unexpected mortgage fees & charges by reading the fine print before you sign on the dotted line. If your in the market for a new home loan you might be reasonably excited about some of the offerings up for grabs, but sometimes , as is often the case in life, deals […]
What would happen if a serious accident or illness left you unable to meet your mortgage repayments or other obligations? Nobody likes to think about falling ill, suffering a serious accident, or worse still, dying, but the truth is sometimes serious illness or misfortune may happen. If you have substantial obligations, such as a loan […]
With the government gaining fees from the start of this financial year, a greater number of borrowers are reconsidering their current mortgage commitments and opportunities offered through refinancing. There are a number of key reasons why borrowers should consider refinancing. Importantly, while your home loan might have been right for you when you purchased your […]
I read this article recently in Australian Broker News that rates are likely to stay stable for the rest of the year, but “panic” could bring about major cuts, an economist has suggested. With lenders increasingly slashing fixed rates and economic unease growing following the U.S. debt downgrade, AMP chief economist Shane Oliver has told […]
This article appeared in the Adviser Magazine. Moody’s investors service has cut the rating of Australia’s big four banks after it said the lenders rely too much on offshore debt. The global credit agency downgraded the long term, senior unsecured debt rating of Australia’s four major banks to Aa2 from Aa1. Speaking about the downgrade, […]
I read this article recently at news.com.au Homeowners can expect a string of rate rises ahead of the planned carbon pricing scheme if the Reserve Bank follows what happened when the GST came in, economists said recently. The reform is the biggest since the tax started in 2000 and while raising just a third of […]
