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Refinance Mortgage News

Refinance Your Loan

Sunday February 23, 1997
* I HAVE an outstanding mortgage of $130,000 at a fixed 9.45pc. Should I refinance? A K, Bondi Junction GIVEN that I believe we are seeing the low point of interest rates, this is a good time to consider refinancing. Costs you need to watch for are the adjustment or penalty fee for cashing in

Newcomers Hit A Nerve With New Loan Deal

Wednesday February 5, 1997
AUSTRALIA'S newest home-finance lender has been swamped with inquiries since announcing a 6.99 per cent interest rate. The Professionals real estate group and Finance Express announced on the weekend that they were teaming up to offer the new mortgage rate from Monday and that they will go even

6.9% Home Loans Dive

Sunday February 2, 1997
AUSTRALIA'S mortgage loans war has intensified, with a new lender offering a 6.99 per cent interest rate from tomorrow. And the rate will drop even lower if the Reserve Bank cuts official interest rates soon, as it is widely tipped to do. The new offer is the lowest true variable rate since t

New Lender Cuts Rate To 6.99pc

Sunday February 2, 1997
MORTGAGE rates are set to drop again with a new lender offering a 6.99 per cent loan from tomorrow. It is the lowest true variable rate in a generation, undercutting the banks by 1.25 percentage points - a saving of $80 a month on a $100,000, 25-year mortgage. The new lender - a joint venture