Published on July 15, 2010 by Technology Slice
Many Affected By The BP Oil Spill – Financial institutions whose customers are affected by the BP PLC oil spill should try to expedite loans, ease credit terms and consider waiving late fees and penalties, U.S. banking regulators said Wednesday. The announcement, made by the Federal Reserve and all the other U.S. banking regulators, comes [...]
Tags: Anticipation, Atm Fees, banks, Borrowers, Bp, Bp Oil Spill, Bp Plc, Credit Losses, Economic Damages, Enough Money, Federal Reserve, Financial Institutions, Gulf Coast Residents, Hurricanes, Late Fees, Loan Fees, Measures, Payment Charges, Receipt, Regulators
Posted in World
Published on May 24, 2010 by Technology Slice
Interest Only Home Loans On The Way – Homebuyers are to be offered never-ending mortgages in a bid to overcome Australia’s affordability crisis. ING Direct, Australia’s fifth largest lender, is preparing to sell loans that have no fixed term and no requirement to repay any capital along the way.
Tags: Affordability Crisis, Australia, Borrowers, Ceo, Current Rates, Don Koch, Ing Direct, Interest Only Home Loans, Interest Only Loans, mortgage, Mortgages, Repayments, Spiral
Posted in Money
Published on May 19, 2010 by Technology Slice
RBA States There Is No Housing Bubble – The Reserve Bank has warned lenders and borrowers to be prudent while giving an assurance that Australia does not have a speculative housing bubble on its hands. Fears of a property bubble emerged after the Australian Bureau of Statistics house price index rose 20 per cent in [...]
Tags: Australia, Australian Bureau Of Statistics, boom, Borrowers, Bureau Of Statistics, Capital Cities, Current Situation, Decline, Fears, Financial Stability, House Price, house prices, Housing Bubble, Lenders, Price Index, Rba
Posted in Money
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
Posted in Money
Published on March 15, 2010 by Technology Slice
Managing Credit Card Debt – Heavily in debt to credit card companies? Need quick and painless options for elimination of this kind of debt? And that’s what some financial experts offer!! Zero damage to your credit report! Read and find out how…
Tags: Borrowers, Card Holder, Credit Card Debt, Credit Cards, Debt Consolidation Loan, Debt Experts, Debts, Emergencies, Expenditures, Financial Experts, Financial Freedom, Half A Million, High Interest Rate, Highest Interest Rate, Lenders, Managing Credit, Repayments, Two Million, Unpaid Balances, Unsecured Loans
Posted in Money
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