Following the recent increases in Interest Rates many borrowers are asking . . .
What is a Great Interest Rate ???
How can I achieve Lower Interest Rates ???
The Answer to to the first question is …
Variable Interest Rates: 6.40% p.a. – 6.60% p.a. Read more
Latest News
What is a Great Interest Rate?
ANZ Increase AND Decrease Interest Rates!!
10th February – ANZ Bank announced the following changes to Home Loan Interest Rates
1. A nominal increase of 0.06% p.a. to the Variable Interest Rate
2. A reduction of 0.15% p.a. in the 3 Year Fixed Interest Rate Read more
Interest Rates Reduced!
The Reserve Bank of Australia announced today the Official Cash Rate will be reduced by 0.25% p.a. (25 bp).
This is the 2nd official reduction in Interest Rates in 2 months and will be a great Christmas gift for the many Australian households who continue to be challenged by the current economic climate. Read more
RBA Interest Rate Announcement
How much of the Rate Cut did your Bank pass on ???
The Reserve Bank of Australia announced today the Official Cash Rate will be reduced by 0.25% p.a. (25 bp). Read more
Interest Rates to Fall 1%pa
Westpac Chief Economist – Bill Evans has advised the Bank to anticipate Interest Rates will fall by 1% p.a. (100bps) within the next 12 months.
Westpac announced “We now expect a sequence of rate cuts beginning with 0.25% p.a. (25bps) in December 2011 and through 2012 totalling 1% p.a. (100bps) prior to a period of steady rates in 2013”. Read more
$10,000 for New Home Buyers !!!
The State Government will pay a $10,000.00 “Boost” to Home Buyers, Investors, Companies & Trusts who purchase a new / near new Home, Unit, Duplex (etc) in Queensland. Read more
Collect your BUNNINGS GIFT CARD!!
For the month of June …
Simply mention this website promotion when you apply for your new Home Loan with DPF Mortgage Specialists and you will be handed your $100 Bunnings Voucher once your loan is approved. Read more
ANZ warns of rate hike – Article from The Advisor Bulletin
New data out today shows the Reserve Bank may have to raise the official cash rate sooner rather than later.
According to the latest ANZ Job Advertisement Series, total job advertisements on the internet and in newspapers increased by 1 per cent in April to be 20.5 per cent higher than in April 2010. Read more
Small Qld Lender Shame’s the Big Banks
Latest Interest Rate Cuts !!!
A small Queensland based lender (Heritage Building Society) has shamed the Big Banks by passing on the full 0.25% p.a. Interest Rate cut announced by the RBA last Tuesday (6/4/2009). The Big Banks have declared that they cannot afford to do the same, despite their multi-billion dollar profits, and choose to hide behind the excuse that the “Costs of Funds” have prevented them from passing on the 0.25% p.a. rate cut. Yet this was accomplished by their much smaller competitor – Heritage Building Society – who’s profits are tiny in comparison. Read more
Banks are willing to negotiate lower interest rates!!!
The smaller players in the Lending Market (e.g. Building Societies, Credit Unions & Mortgage Managers) are taking the fight to the “Big Banks” by offering great discounts off their Home Loan Interest Rates and Fees.