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Borrowers benefit from refinancing

Almost 80 per cent of people who change mortgage providers when refinancing their home loan reap the benefits, the latest MFAA/BankWest ...
August 07, 2020

The big four banks may be exposed to massive losses because of over-inflated commercial property valuations, The Australian reported today.

January 17, 2008
Consumer group CHOICE has expressed concern that high fees are stifling competition in the home loan market, adding further fuel to the debate generated by Federal Treasurer Wa...
January 17, 2008

The total value of owner-occupied housing commitments rose by a seasonally adjusted 2.0 per cent ($298 million) in November.

January 17, 2008
Heritage, one of the nation’s largest building societies, yesterday announced a rate increase of 0.15 per cent on all variable home loan products except its Select Variab...
January 16, 2008
Investors flocked back to property markets in NSW, VIC, WA and QLD in December according to the AFG Mortgage Index, dropping the national LVR average for the month to 62.8 per ...
January 16, 2008

Economic data released yesterday shows signs that the domestic economy continues to flourish.

January 15, 2008
The Australian Bankers’ Association (ABA) issued a statement yesterday in response to the banks' recent decision to lft rates, stating that it sees no evidence of unjusti...
January 15, 2008

Liberty Financial has announced the launch of its third commercial paper programme, the $400 million Liberty Sirius Trust.

January 15, 2008

The non-bank sector’s Christmas wishes were finally answered on Friday as the last of the big banks lifted their rates.

January 14, 2008
Following the September 24 changes to the Superannuation Industry (Supervision) Act, Seiza Mortgages has announced the launch of a suite of loans that will allow Self Ma...
January 14, 2008
Internet-based mortgage lender MyRate.com.au has registered a 300 per cent increase in daily inquiries since the major banks lifted interest rates last week, a statement releas...
January 14, 2008

Bank of America has agreed to purchase troubled mortgage lender Countrywide Financial in a transaction worth approximately US$4 billion ($4.5 billion).

January 14, 2008

Federal Treasurer Wayne Swan has announced an investigation into home loan exit fees in a move to make the mortgage market more competitive.

January 14, 2008

The Bank of England left the official cash rate unchanged at 5.5 per cent overnight despite mounting concerns for the slowing of the domestic economy.

January 11, 2008
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