Monthly Archives: August 2011

Realities of refinancing

With the government gaining fees from the start of this financial year, a greater number of borrowers are reconsidering their current mortgage commitments and opportunities offered through refinancing. There are a number of key reasons why borrowers should consider refinancing. Importantly, while your home loan might have been right for you when you purchased your […]

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‘Panic’ could bring major rate cuts.

 I read this article recently in Australian Broker News that rates are likely to stay stable for the rest of the year, but “panic” could bring about major cuts, an economist has suggested. With lenders increasingly slashing fixed rates and economic unease growing following the U.S. debt downgrade, AMP chief economist Shane Oliver has told […]

Moody’s cuts big four ratings

This article appeared in the Adviser Magazine. Moody’s investors service has cut the rating of Australia’s big four banks after it said the lenders rely too much on offshore debt. The global credit agency downgraded the long term, senior unsecured debt rating of Australia’s four major banks to Aa2 from Aa1. Speaking about the downgrade, […]

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