If you find yourself in the situation that you are unable to pay your credit card debt balance off each month then there are steps you can take to reduce your interest charges.
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Not all credit cards are created equally. And so it makes it that much harder to decide which credit card offer to choose. There are many factors you sh.....
Commonwealth raises fixed rate home loans 11 August 2009
The Commonwealth Bank yesterday announced that it is raising interest rates on its fixed rate mortgage products. The rate charged by the bank for a four year fixed rate mortgage has gone up 0.6 per cent to 7.59 per cent.For a one year fixed rate loan with a redraw facility, the interest rate has gone up 0.15 per cent to 5.54 per cent. A 15 year fixed rate mortgage is now set at 8.44 per cent, up 0.3 per cent.A Commonwealth Bank spokesman said the rising rates was due to increased funding costs.ANZ is the only big four bank not to raise fixed rate mortgage rates in the last fortnight. An ANZ spokesperson said there is upward pressure on longer term fixed rate loans.
