Published on December 9, 2010 by Technology Slice
Fixed Home Loans On The Rise – The Australian Bureau of Statistics (ABS) today reported that 49,307 home loans were approved in October, a 1.9 per cent seasonally-adjusted increase compared to September. Economists forecasts had centred on a 0.3 per cent increase. The figures preceded November’s unexpected jump in mortgage rates. The proportion of homebuyers [...]
Tags: Australian Bureau Of Statistics, Baily, Basis Points, Board Meeting, Bureau Of Statistics, Charles Bailey, First Homebuyers, Fixed Rate Loan, Fixed Rate Loans, Home Loan Approvals, Home Loans, Industry Sources, Inner Western Suburbs, Mid Range, Mortgage Rates, Property Experts, Ray White, Real Estate Agent, Rising Interest Rates, Sydney Real Estate
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Published on November 20, 2010 by Technology Slice
RBA Defends Interest Rate Hikes – The central bank has defended its most recent interest rate rise, saying the “early, modest tightening” was a pre-emptive move to guard against future inflationary pressures. Reserve Bank of Australia (RBA) deputy governor Ric Battellino says inflation is now “broadly in the middle of the target range”. But over [...]
Tags: Amount Of Money, Australian Economy, Bank Of Australia, Basis Points, Board Meeting, Deputy Governor, Economic Developments, Economic Growth, Inflation, Inflationary Pressures, Interest Rate Hikes, Interest Rate Rise, Interruption, Medium Term, Meeting Minutes, Monetary Policy, Reserve Bank Of Australia, Reserve Bank Of Australia Rba, Sustainable Path, Target Range
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Published on November 10, 2010 by Technology Slice
ANZ Increases Rates On Fixed Rate Home Loans – ANZ has lifted its interest rate on one, two, four and five-year fixed home loans by up to nine basis points, according to financial comparison website RateCity. ANZ raised the interest rate on one and two-year fixed home loans by four basis points to 7.03 per [...]
Tags: Bank Of Australia, Basis Points, Building Societies, Cba, Commonwealth Bank, Comparison Website, Controversial Decision, Credit Unions, Fixed Rate Home Loans, Home Loan Rate, Home Loan Rates, Laiki Bank, National Australia Bank, Political Heat, Rate Home Loans, Reserve Bank Of Australia, Reserve Bank Of Australia Rba, Svr, Westpac, Year Fixed Mortgage
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Published on November 3, 2010 by Technology Slice
Wayne Swan Thinks He Will Keep Banks Honest – Mr Swan’s comments come after the Commonwealth Bank yesterday increased its standard variable interest rate by almost double that of the Reserve Bank. The Federal Government is under pressure after Opposition Treasury spokesman Joe Hockey’s vowed to unveil a nine-point plan last week to reign in [...]
Tags: anz, Australian Competition, Basis Points, Cba, Commonwealth Bank, Federal Government, Federation Of Small Businesses, Half An Hour, Home Loan Rates, Joe Hockey, Melbourne Cup Field, Mr Swan, nab, Net Profit, Percentage Points, Swan, Treasury Spokesman, Variable Interest Rate, Wayne Swan, Westpac
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Published on May 4, 2010 by Technology Slice
May: Reserve Bank Raises Interest Rate – Homeowners will pay about $50 a month more on their mortgages after the Reserve Bank hiked its cash rate for the third time in a row. A 25 basis point increase to the official rate adds about $50 a month to a $300,000, 25-year home loan, according to [...]
Tags: Australia, Basis Point Increase, Basis Points, Borrowers, Decade, Economic Contraction, Economists, Glenn Stevens, Home Loan, Interest Rate, interest rates, Mortgages, Reserve Bank Governor, risk, Third Time, Tipping
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