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Latest News
10 March 2010
  ANZ Bank has established a specialist team of bank executives to fix problems affecting its mortgage processing systems. ANZ has recently moved to outsource .....
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10 March 2010
 Brokers offer cash back on mortgage commissions
 Insurers dealing with 40,000 claims
 Bank of Queensland builds war chest
9 March 2010
 CBA lowers LVRs for investors
 Property getting unaffordable again
Articles
Credit Cards
  CreditMart recently undertook some analysis around interest rates on reward program credit card offers and found that the average interest rate on these cards was 1.....
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Leasing
 Commercial Hire Purchase
Article
 Building approvals fall
Online Brokers
 RAMS reports profit surge
Internet Banking
 Phishing inhibits banks communication with customers
Low Doc Loans
 RBA considers housing loan stress levels
 
Tips & Tricks
Credit Cards
 
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.....
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Credit Cards
 Credit Card Balance Transfers
 Watch out for the 'revert rate' on balance transfer offers
 Watch for different interest rates on the one card
HomeLoans
 Don't compare against the so-called 'standard variable rate'
 Look out for 'deferred establishment fees'
 
Latest Tips
 
Look out for 'deferred establishment fees'
 
Home loan borrowers should watch out particularly for the big sting from 'deferred establishment fees' which come into play these days if you leave a variable home loan early, typically within the first 3-5 years. They can be as large as the break costs on a fixed term loan and run into thousands. Most borrowers don't expect to change their loan in the first few years, but the fact is that the average life of a home loan is now very short - as low as 20 months. Full story on these fees
 
Source :InfoChoice
 

 
Don't compare against the so-called 'standard variable rate'
Don't compare against the so-called 'standard variable rate'............Details
 
 


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