Finance

News and updates on all things finance. We look at all issues that affect you and your mortgage whether you are a first time home buyer, looking to refinance or an investor.

SWITCH BANK ACCOUNTS IN JUST A TICK

 Mortgage One - Sunday, August 21, 2011

SWITCHING to a new bank will be made easier from next July under new rules to make banks - and not their customers - transfer all automatic debits and credits into a new account.  Read more

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Is Now The Best Time to Fix Your Home Loan?

 Danny Masri - Thursday, July 28, 2011

Picking the right time to fix is always hard, especially when Westpac's Chief Economist, Bill Evans, has predicted a 1.00% rate cut by December 2012. As the looming RBA rate hikes seemed to subside, fixed interest rates on home loans have begun to fall. The gap between Standard Variable Home Loan Rates and Fixed Home Loan Rate has substantially narrowed over the past 6 months.  Read more

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Mortgage Exit Fees Officially Banned

 Danny Masri - Friday, July 01, 2011

Mortgage exit fees are now banned as of July 1st under a Government regulation approved on 23 March 2011.  Read more

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