Empower Lending Solutions in Mascot, New South Wales | Mortgage brokers

Empower Lending Solutions

Locality: Mascot, New South Wales

Phone: +61 423 908 396

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19.01.2022 Interest only repayments are where the borrower only pays the interest charged on the loan. The big banks have all been increasing rates on interest only loans as regulations tighten up http://www.brokernews.com.au//major-hikes-io-rates-by-30-b

16.01.2022 Did you know some banks allow you to cross collaterize your home and investment properties, allowing you access to lower owner occupied interest rates for your investment property? Owner occupied interest rates: 3.9% Investment property interest rates: 4.3%

16.01.2022 ANZ increases its interest rates on interest only loans, whilst decreasing it rates on principal and interest loans, This is after the Reserve Bank kept rates unchanged on Tuesday http://www.news.com.au//n/34fc11d6cb080323a10f36538814c5af

10.01.2022 A historical graph of the changes in the cash rates over the last 17 years. The cash rate is set by the Reserve Bank of Australia and helps determine the interest rates charged by banks. We are currently have record low cash rates of 1.5% vs the 17.5% cash rate we had in 1990! Coincidentally MC Hammer also released his hit "You cant touch this" in 1990. Are the two linked? On average a $500k mortgage would have paid an extra $8k a year in interest back in the 90s, however the house prices were much lower back then. #canttouchthis

07.01.2022 Bank of the week: AFG Edge Owner occupier rates from 3.74% p.a Investment property rates from 4.24% p.a AFG Edge is a simple low cost homeloan offer which has one account which acts as a combined transaction account, offset account and loan account. Loans can be split into fixed and variable rates.... Contact us to find out which mortgage product is right for you

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05.01.2022 Our forecasts show Sydney will experience a greater adjustment than Melbourne in the next few years, but this is likely to be gradual rather than a collapse in the median dwelling price, - KPMG chief economist Brendan Rynne https://www.domain.com.au//property-price-falls-tipped-fo/