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Statement by the RBA

Interest Rates and the Economy: 4th Nov 2008
At its meeting today, the Board decided to reduce the cash rate by 75 basis points to 5.25 per cent, effective 5 November 2008.  World financial markets have remained turbulent over the past month. Global equity prices have been volatile and fell further in net terms, and there have been significant exchange rate movements, including a sharp depreciation of the Australian dollar. A number of governments have announced measures to strengthen their financial systems, which should help to stabilise conditions over time.

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MFAA Economic Review

Interest Rates - 21 October 2008
At its meeting on 7 October 2008, the Reserve bank reduced the cash rate target by 100 basis points to 6.00%.  Of note in announcing the decision the RBA Governor stated:  Conditions in international markets took a significant turn for the worse in September.  large -scale financial failures in several major countries were accompanied by serious dislocation in interbank markets and heightened instability in other markets, including sharp falls in share prices.....

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Real Financial Group
Solving the puzzle of direct property investment





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:: Mortgage Broker - Debt Consolidation - Refinancing - Newcastle - Hunter Valley - Central Coast - Sydney Region

Mortgage Broker - Debt Consolidation - Refinancing - Newcastle - Hunter Valley - Central Coast and Sydney Region

Most people look at taking out a mortgage as the final step in owning their dream home. The fact is it’s only the beginning. Your mortgage and how you use it will determine how long it really takes to own your dream home.

At Mortgage Partners Australia we work with you all the way to provide you with products, strategies and knowledge to help you realize your dream in the fastest time possible with the potential to save you thousands in the process. Sound like something you could be interested in? Browse through our site and leave your details to truly experience the Mortgage Partners Australia difference.

We proudly deliver our professional services to clients of the Newcastle and Hunter regions providing you with flexibility and convenience when choosing your mortgage.  At Mortgage Partners Australia we pride ourselves on providing the best possible mortgage and finance solutions to help you achieve your dreams. 

Whether you are looking to simply refinance into a more flexible mortgage, consolidate debt, upgrade your home or step into the investment market, we have what you need to make the change a success. Newcastle offers a vibrant mix of lifestyle opportunities and with the right strategey and mortgage to suit, you can take advantage of what the Newcastle and Hunter regions has to offer   

 

10 reasons to choose Mortgage Partners Australia.

  1. We are confident that our products and services will meet your needs
  2. Our products and services will meet the high standards you expect
  3. Our level of service will be above expectation
  4. Our selection and range of offers will be of a very high standard
  5. Our prices will be very competitive
  6. We are confident that our clients receive value for money on the products and services we supply.
  7. We will define in writing our customer service standards and procedures
  8. We will explain our follow up strategies for creating long term relationships
  9. We want your long term relationship and business not just a loan
  10. We are prepared to put our reputation on the line with our guarantee to you that:

 

 Are you being overcharged by your Bank?

Log in here if you are already registered to use Mortgage Mistakes.

Do banks make mistakes when calculating the interest payable on home loans?

Yes they do, and lots of them, was the finding of an independent survey reported by the Sydney Morning Herald.

“54% of all bank statements audited had errors in them and of these errors, 84% were in the bank's favour.”

In other words, over half the banks calculated interest incorrectly and almost always in their own favour!

Have you been overcharged?

We can help you find out - and perhaps assist you to recover thousands of dollars in overcharged interest? 

Click Here for your free copy of Mortgage Mistakes

 


Our Service Guarantee

If within the first 12 months you are not satisfied with the loan we have selected for you, we will refinance you into another loan from our panel of lenders at our cost