Thu, 2008-12-11 14:50 — administrator
2 Year Fixed Interest Rate Special
Owner Occupier: Maximum 95% Loan to Value Ratio (LVR) with Lenders Mortgage Insurance (LMI) Capitalised
Investment: Maximum 95% Loan to Value Ratio (LVR) with Lenders Mortgage Insurance (LMI) Capitalised
Optional 0.20% Fixed Rate Cap Fee Available
Rate Lock available on Pre-Approvals for 90 Days
Full Doc Only
Rate effective 12th December 2008
Tue, 2008-12-02 14:12
Commonwealth have moved quickly again to announce the full 1.00 percent cut to variable interest rates today following the Reserve Bank of Australia announcement a short while ago.
The Commonwealth Bank announced that it would be reducing its standard variable rate home loans, as from Friday 12 December 2008, passing on the full interest rate cut of 100 basis points made by the Reserve Bank of Australia (RBA) earlier today.
Interest rates for the following lending products (new and existing borrowings) will change from Friday 12 December 2008:
Tue, 2008-12-02 13:58 — administrator
RBA Cash Rate History to January 2009 -
The Reserve Bank of Australia, RBA, moved to lower the cash rate again following the board meeting today.
The attached graph illustrates the cash rate movement since January 1990 down to today's announced 4.25 percent.
The last time the cash rate was this low was between December 2001 and May 2002 when the rate increased 0.25 to 4.50 percent.
Wed, 2008-11-26 21:48 — Guest
Important changes to Citibank home loan products.
Due to the changing economic and market conditions, Genworth, Citibank LMI provider, has implemented changes relating to products and risk policy.
As a result, the following changes will be made to Citibank’s products to align with Genworth’s policy updates. Citibank’s product changes are effective 1 December 2008:
Citibank will no longer offer Self Certified 70
One of our lenders today offered a low introductory home loan interest rate offer which has an advertised interest rate below 4.25 percent and reverts to the standard variable interest rate after the first year.
Contact us now for more information and CCR information.
With most lenders and mortgage insurers changing their policies frequently of late it is important to be aware there are still lenders offering unique home loan options.
There are lenders still offering full, lo and no doc lends in metro locations and regional centers up to 75% LVR.
Additionally, we have lenders offering RECOVERY for borrowers with unlimited arrears and impairment. Provided we can identify how the arrears and or defaults occurred, and evidence how they are now in an improved position to service, then they can look to assist.