Daily Archives: September 5, 2012

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Interest Rate News

September 5, 2012/News/0 Comments

“Steady as she goes” says the RBA. The RBA has decided to keep rates on hold at 3.5% for the fourth month in a row. While commodity prices have fallen sharply in recent weeks, the RBA did not see enough economic evidence to warrant a rate cut at this time.…

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Pay your first home loan installment as soon as you settle

September 5, 2012/Tip of the week/0 Comments

You’ll immediately reduce the principal, and therefore all future interest repayments too, putting you ahead instantly. Your first monthly home loan repayment is not due until a month after settlement of your loan. By making this repayment on day one of your loan at settlement, you can immediately put yourself…

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