Author: admin

133 Posts Here
133 Posts Here

Loan Pre Approval Changes

October 17, 2018/Aqua Connect/0 Comments

              Some major Banks recently made changes to their Approval in Principle (AIP) / Pre-Approval process and I’d like to make sure you are up to speed with the recent changes as some now don’t fully assess the application. Customers will still receive a…

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Comprehensive Credit Reporting

October 8, 2018/Aqua Connect/0 Comments

COMPREHENSIVE CREDIT REPORTING From mid-September, ANZ along with the other major banks will commence Comprehensive Credit Reporting (CCR). As a result, customers with consumer credit cards, home, personal or car loans will start having CCR account information sent to the credit reporting bodies from ANZ. CCR will provide the opportunity…

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Min Property Size Requirements September 2018

September 18, 2018/Aqua Connect/0 Comments

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Interest Rate News

September 5, 2018/News/0 Comments

During August, Westpac raised home loan interest rates out-of-cycle and we expect other lenders to follow in the next few weeks. Auction clearance rates continued to weaken, and home values are stalling in most property markets. The recent interest rate rises are likely to cause these trends to continue during…

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ANZ Interest Rate Update – August 2018

August 2, 2018/Aqua Connect/0 Comments

ANZ INTEREST RATE CHANGES Effective Thursday 2 August, ANZ is making changes to the ANZ Simplicity PLUS Special Offer and some ANZ Fixed rates: ANZ SIMPLICITY PLUS SPECIAL OFFER SIMPLICITY PLUS Home Loans for owner occupiers paying principal and interest borrowing less than or equal to 80% of the property…

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Interest Rate News

July 4, 2018/News/0 Comments

As expected, the Reserve Bank of Australia (RBA) decided to leave the official cash rate on hold at 1.5 per cent at their July meeting today. This month, it’s all good news for home-owners and those in the market for a new loan! Next month (August) will bring us to…

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Interest Rate News

May 1, 2018/News/0 Comments

At its May meeting today, the Reserve Bank of Australia (RBA) decided to leave the official cash rate unchanged at 1.5 per cent. Today’s decision makes it 21 months in a row where the RBA has decided to leave the cash rate on hold. It is also the longest period…

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