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Effect of Inflation and Credit Availability on Interest Rates

Posted By Ivan Mantelli on January 21, 2008 1 Comment » Filed under: Banking Industry, Economics and Interest Rates, Mortages and Home Loans

Interest rates in Australia have been increasing for some time now and in our view are likely to rise a little further yet. There are a number of factors that have driven the increase in the underlying cash rate to 6.75% (the Reserve Banks principle tool for affecting the future inflation rate) and also the recent [...]

Is it possible to get an online home loan in Australia?

We are working on creating true online personal loans that feature a simple amortizing profile (of fixed monthly repayments) that don’t require the borrower to provide collateral (security against the loan).
Home loans are more complex products that require the asset to be mortgaged where the lender or bank will have a covenant over the asset [...]