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So ANZ announced their decision yesterday as outlined in other threads. As Marty (I think it was Marty) pointed out, with the increased rate over and above the reserve, ANZ will more than make up for doing away with exit fees of $700, fees that were probably only paid by 30% of mortgagors...

Hi All I've been really thinking about the recent interest rate fiasco for the last two weeks, I am a broker and I like to think how it affects my clients and how it affects my potential for more work! :) But here is the point I think everyone has missed: Interest rates are set by The...

Hi All I want to buy a house in Perth, criteria as follows: Sub $450K With land, so preferably a house, not a unit Long term development potential, i.e. zoned R30+ or likely to be in 5-10 years time Close to the city as possible, obviously. All the other criteria about transport...

Two years ago I think these were the most fun threads you could get, everyone putting a bet on what the Reserve Bank was going to do each month. And it looks like movement is on the way again. So what's your bet?

Hi All Variation on a theme here, mainly in the abstract. Feel free to critique or discuss, something that came to me when I was mentally debating the pros and cons of living on equity or living off the rent. Most serious investors in just resi properties on this site generally agree living...

Stole this nugget from the "other" site. You can use Google Maps to search for real estate, just change the search options to "Real Estate" Seems to work really fast and the search filters (number of bedrooms, bathrooms) work well. If you scroll in close on the map, the listings on the...

As of Monday: 1 year was 5.99% will now be 5.79% (yes I know this is a decrease...) 2 years was 5.19% will now be 5.79% 3 years was 6.09% will now be 6.19% 4 years was 6.19% will now be 6.59% 5 years was 6.19% will now be 6.59% This is not the sort of thing I like reading. However I...

I'm betting the RBA comes back to the pack a bit and goes with .5%.

Release from FirstMac Bank. I'm sure there are some hidden exit fees etc, but it shows some firms are still chasing market share... FirstMac fights back with a new 3.99% home loan! Over the past few months we’ve seen continued volatility in the world financial markets, with a coordinated...