Money Saving Tips and Ideas
A Guide to Refinancing Your Home Loan / Mortgage
January 20, 2011 By admin Leave a Comment
A Guide to Refinancing Your Home Loan / Mortgage By Alistair Kelsall – Mortgage Broker www.miraclehomeloans.com.au www.refinanceyourmortgage.com.au 13th January 2011 Overview With the banks continually increasing their interest rates many people are looking to reduce their mortgage repayments by looking for a better deal. But it is often not as straight forward as you would [...]
Mortgage Stress
October 28, 2010 By admin Leave a Comment
If you’re feeling the pinch from the rising cost of living these days you’re not alone. Australia is experiencing its highest level of mortgage stress in many years and it’s all due to the cost of everything else going up. Electricity is the major increase but then there’s rates and water and just about everything [...]
Interest rate News
Queensland floods may be a rate holder
Will the floods hold back the RBA from increasing interest rates As Queensland Premier Anna Bligh yesterday declared that the disaster would have “a multi-billion dollar price tag”, RBA director Donald McGauchie said the floods could have a “substantial” effect on Australia’s export income. Forecasters believe the floods make a near-term rate rise unlikely, but [...]
Good News Stories
95% Lending is back
We have just had our first 5% deposit home loan approved and whats more we were able to add the mortgage insurance to the loan as well. Maybe things are getting better. You can now buy a home with only a 5% deposit and add the mortgage insurance premium to the loan.
Miracle Home Loans Saves Couple Over $36000
A customer of ours who was on a very good home loan with one of the big banks saw our add for the September Home Loan Special and made an appointment. I couldn’t believe it when I saw that he was on 7.18% with a loan of $220,000. With our rate at a staggering low [...]