News Archive

2008

2007

Mortgage Rate News

Will there be another mortgage rate reduction?

30 September 2008

The crisis on Wall St and its adverse effect on the Australian stock market has thrown further rate reductions by the RBA into doubt... read full story

Surviving a mortgage rate rise

2 July 2008

When the mortgage rate rises, you will have to make a decision as to whether it is time to cut your losses and sell or find a way to afford your new repayments... read full story

Will the banks raise your mortgage rate?

15 May 2008

Many banks have raised their mortgage rate higher than the official rises of the Reserve Bank of Australia (RBA) but will this trend continue?.. read full story

Will the mortgage rate rise further?

7 April 2008

Mortgage rate rises have become the hot topic of discussions about personal finance in the past twelve months, as the consecutive and frequent interest rate rises from the Reserve Bank of Australia (RBA) have put pressure on working families with a mortgage... read full story

Mortgage rate to rise after RBA announcement

4 March 2008

Today, the Reserve Bank of Australia (RBA) announced a further 0.25% interest rate rise to 7.25% for the target interest rate, meaning more bad news for the average mortgage rate... read full story

Having a mortgage in times of high rates

29 February 2008

Paying off a mortgage is hard enough in the best of times, but it becomes much harder when mortgage rates are far higher than when you first took out the mortgage. As the economy is such a flexible system, how do you deal with such an ever-changing environment?.. read full story

Treasurer Wayne Swan believes tax cuts will address wage growth issue

27 February 2008

In a speech given to business leaders, Australian Federal Treasurer Wayne Swan has assured unions that the $31 billion in promised tax cuts over the years to come will be enough to take the thumbscrews off family budgets, as it would give them more money and possibly a better mortgage rate in the future... read full story

Swan fumbled the ball

16 January 2008

The blame game is already underway in Australian politics with opposition treasury spokesman Malcolm Turnbull declaring Wayne Swan has "fumbled the ball" with the banks lifting mortgage rates ahead of any official rise announced by the Reserve Bank of Australia next month... read full story

Mortgage rates tipped for February rise

28 November 2007

Mortgage rates are tipped to rise in February despite Kevin Rudd being swept to power at Saturday's federal election... read full story

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