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 15, 2010 by Technology Slice
The National Australia Bank has denied it started refunding some fees to customers after news of a proposed class action against the banks.
Tags: banks, nab, National Australia Bank, Repayments
Posted in Money
Published on April 6, 2010 by Technology Slice
Debt Stress On The Rise Again – Debt stress has risen to levels not seen since September 2008, with one in five Australians finding it hard to make repayments, a survey says. Veda Advantage’s biannual Australian Debt Study reveals one in five Australians with debt are finding it difficult to make repayments or unsure how [...]
Tags: 12 Months, Australian Debt, australians, Debt Stress, Galaxy, Repayments, Survey, Three Months, Two And A Half Years, Veda Advantage
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
Published on March 2, 2010 by Technology Slice
Interest Rates Decision: Interest Rates to Rise – Battling home owners could be paying almost $50 a month extra on the average mortgage if interest rates go up today. Experts expect the Reserve Bank will raise rates by 0.25 percentage points when it makes its statement in Sydney at 2.30pm today. They say a rate [...]
Tags: Australian Futures Market, Average Income, Average Mortgage, Basis Point Increase, Basis Points, Economist, Economists, First Home Buyers, Home Ownership, Infochoice, interest rates, Median Price, Mortgage Holders, Percentage Points, Rba Board, Repayments, Rp Data, Saul Eslake, Sting, Unemployment Figures
Posted in Money
No Comments