Fixed rate loans spike as banks circle
With home loan interest rates up at three out of the four major banks, fixed rate mortgages are on t...
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Comments
Good to see competition. Our broker reckons some of the nonbanks are offering some good rates right now but I still feel like I want to put our mortgages with banks. Not sure why I feel this, just do....
If first home buyers were made aware that there is an easier way, more people would own their own homes. It's a pity buyers have been conditioned to expect to pay 10% to 20% deposit when it's not nece.....banks tighten up their lending criteria. Let the seller finance the deposit, or more if they are wil...
Greg you give the impression you don't know enough about vendor terms. It is & has been for a long time common when seller a farm to offer terms to approved buyer. It has nothing to do with the de.....banks but more than the vendor would get if they proceeds of the sale were put on deposit with a ban...
If they are anything like the previous govt housing incentives be careful as the payment/interest rate would be a lot higher than the banks. And it would take longer to eventually pay off the home at ...