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Refinance Mortgage News

'aussie' Loan Rates Won't Rise

Saturday September 17, 1994
AUSSIE Home Loans has dropped another bombshell on banks by suggesting that its 7.5 per cent mortgage rate which will be reviewed in January is unlikely to rise above 8.25pc on current interest rate trends. This is likely to be at least 1.25pc below the rate the banks expect to be chargi

New Boys On The Block

Tuesday September 6, 1994
THEY'RE the new faces on the home mortgage scene, though some have had low-profile operations for some years as what used to be called mortgage banks. The bigger operators among the new boys, such as Australian (or Aussie)Home Loans, have even begun to challenge the big banks as a significa

Even `good' Beasts Can Turn And Bite

Sunday September 4, 1994
Mortgage trusts cream off less of the investor's funds than do the banks, but don't forget Estate Mortgage and OST. Mark Fenton-Jones reports, the best rate does not necessarily mean top security. INVESTORS who want the security of quality mortgages to generate a regular income but do not want to