Category: Loans
Banks unlikely to match RBI’s rate cut any time soon
::__IHACKLOG_REMOTE_IMAGE_AUTODOWN_BLOCK__::0 Mumbai: Indian bankers say piles of bad debt and the high cost of deposits mean they are...
Confidence in property industry at low point
A survey has found that at the end of 2018 confidence in Australia’s property industry fell to its lowest level in five years. According...
NAB and other banks cut mortgage rates
National Australia Bank (NAB) last week cut fixed and variable mortgage interest rates on selected home loans. Other banks that also...
Two of Australia’s biggest banks have changed their mortgage rates
Considering a home loan with Macquarie Bank or ING? It may have just gotten cheaper. Both banks have made changes to a wide variety of...
ME Bank cuts mortgage rates
ME Bank has reduced its home loan interest rates by up to 50 basis points, which could lower the cost of a typical mortgage by $42,000....
Budget 2019: Will it impress homebuyers?
Housing for all by 2022 has been one of the important drivers of the government’s long-term developmental plans. To continue the...
Lenders offering 3-year mortgages from as low as 3.69%
Australia’s big four banks and a host of challenger lenders are offering three-year fixed-rate home loans for under 4 per cent. The...
Home loan interest rates: What external benchmark means for your floating rate loan
Let us see how the interest rate on your loan works. In a fixed rate loan, let’s say a fixed rate home loan, the rate of interest is...
February finishes with mortgage rate rises
Several lenders increased variable interest rates on selected home loans in the last week of February, though there were also cuts to some...
Banning of Unregulated Deposit Schemes Ordinance: Bad news for small businesses?
The recently promulgated ordinance—The Banning of Unregulated Deposit Schemes Ordinance, 2019—is well-intentioned and is meant to...
