Refinance Mortgage News
Time To Refinance
Sunday February 25, 1996
* SIX years ago we borrowed $110,000 to buy a $120,000 house through Homefund. We started on a low start loan so our balance soon ballooned to $123,000. We tried to refinance but there was not enough equity in the house and we could not sell without owing money. When Homefund collapsed two yearsBeware Sting In The Tail In Mortgage Managers' Home Loans
Tuesday February 13, 1996
The big four banks would carve more than $1 billion off their profits if they matched the 8.9 per cent home-loan deal offered by the leading mortgage manager Aussie Home Loans. Some would argue this would be no great hardship given that the four chalked up profits totalling $4.8 billion with thei