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
Man Fired For Being Too Fat – A Brisbane man who claims he was sacked from his factory job for being morbidly obese has hit back at his former employers. Lance Pedersen, 57, was fired from his job at Golden Circle’s Northgate factory on Monday after he was deemed unfit to perform duties which he [...]
Tags: brisbane, Courier Mail, Drinks, Factory Job, Fat Man, Forklift, Initial Job, Job Description, Lunch, Mail Reports, mortgage, Northgate, Pedersen, Sugar Plant
Posted in Health
Published on April 6, 2010 by Technology Slice
Easter 2010 Interest Rate Rise – THE Reserve Bank delivered homeowners the second interest rate rise in 2010 today, and warned Australians to be prepared for even higher interest rates as the economy’s recovery from the financial crisis gathers pace. The decision to increase the official from 4 per cent to 4.25 per cent, again [...]
Tags: australians, Bank Of Australia, Basis Points, Central Banks, Commonwealth Bank Of Australia, Easter, economy, Financial Crisis, Home Lender, Interest Rate Rise, interest rates, Monetary Policy, mortgage, Pace, Rba, Standard Variable Rate
Posted in Money
Published on March 2, 2010 by Technology Slice
Interest Rates Increase – The Reserve Bank has lifted its key interest rate for the first time this year, a move likely to unleash another round of mortgage pain on borrowers across the country. The central bank raised the cash rate by 25 basis points to 4 per cent. That comes on top of three [...]
Tags: Basis Points, Borrowers, Inflation, Interest Rate, interest rates, mortgage, Rba Governor
Posted in Money
Published on February 10, 2010 by Technology Slice
This article highlights the need to use a good broker to find just the right kind of mortgage to suit the borrower. It also shows that there may be other reasons to borrow other than mortgages.
Tags: household, Money, mortgage, Mortgages
Posted in General
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