Home Loan Lending Tightening Up!

March 23, 2009

Home loans are becoming more difficult to get as lenders are tightening their lending policy.

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Banks Revising Their Hardship Policy For Home Loans

March 19, 2009

Due to the economic down turn, Australia’s major banks are revising their policy for home loan customers that are experiencing financial difficulty. The banks are looking to extend their repayment holiday policy. This means that a customer experiencing financial hardship will not have to make mortgage repayments for the specified term. However, the intrest on [...]

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Mortgage Insurance – What Is It?

March 6, 2009

The cost of lenders mortgage insurance, when it is paid and how each lenders permium differs.

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Interest Rates On Hold for March

March 3, 2009

Reserve Bank of Australia interest rate decision. RBA leaves arates on hold.

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Professional Package Mortgage Fees – Special Offer!

March 2, 2009

Most of Australia’s lenders that offer professional packages for home and investment loans charge an annual fee that includes a wide range of banking services and discounts. These packages are good if you are borrowing over $250,000, require multiple loans, require an offset account and require full banking services. For the month of March only, [...]

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GE Money Early Exit Fee Waived

February 19, 2009

GE Money borrowers will be able to exit their loans without being charged an early exit fee if their loan is less than 5 years has elapsed after the loan was settled. This is also know as the Deferred Administration Fee (DAF) . News came out today that GE Money will not be passing on the recent 1% [...]

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