Economy

News and updates on the Australian economy and world markets that impact on the Australian economy.

Lenders cut fixed rates

 Mortgage One - Monday, April 16, 2012

 Less than 24 hours after Citibank announced it would cut the interest on its three year fixed rate to 6.25% and a free rate lock for 60 Days.   Read more

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BANKS CAN CUT RATES IN APRIL

 Mortgage One - Sunday, April 01, 2012

The big four banks are capable of cutting interest rates on loans in April while protecting their profits thanks to lower funding costs.  Read more

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Bargain Stocks and Cheap Mortgages...... Every Cloud has a Silver Lining

 Danny Masri - Wednesday, August 10, 2011

The Dow Jones fell over 600 points, the worst single day fall since December 2008. At the close the index had lost just over 5.5%. The collapse came on the back of Standard & Poor’s downgrade of U.S. debt and government backed mortgage debt.  Read more

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