Fixed Loan News
Watch The Break Costs On Fixed-rate Mortgages
13 December 2008
MORE THAN 43,000 people took out fixed-rate mortgages when fixed rates were at their highest between March and September. Since then the cash rate has fallen 3 percentage points. Fees charged to break a fixed rate mortgage vary from lender to lender but in general a borrower has to compensate the lender for the economic cost of breaking the contract. Kristy Sheppard of Mortgage Choice says the break costs can range from a few hundred to tens of thousands of dollars. She says the amount will ..... read full story
Stay Calm So You Don't Get In A Fix
4 December 2008
In times of tumbling interest, the last thing you want is a fixed rate... read full story
Banks Offer Lower Fixed-rate Loans
14 October 2008
HARD-PRESSED home owners were yesterday offered an extra degree of relief from high mortgage costs as two of the big banks sought to outdo each other in the key area of fixed-price home loans... read full story
Financing a holiday with a fixed loan
25 September 2008
A fixed loan could be useful to finance an overseas holiday with... read full story
Saffron's Son Tells: Dad Fixed Races For Askin, Played Loan Shark To Packer
28 July 2008
THE disgraced former Liberal premier Bob Askin was not only on the payroll of the late crime boss Abe Saffron, but was the recipient of payments via horse races that were fixed as "a courtesy to premier Askin"... read full story
