Introduction When you apply for a loan, you often have the opportunity to select a loan with a variable interest rate or one with a fixed interest...
Below are some observations as reflected from the data obtained from the RBA for the 12-month period ending 31 August 2020. Whilst both the absolute numbers and...
The marketplace – The consumer lending marketplace, especially in home loans and residential lending, is vast and perplexing. – Apart from the big 4 retail banks (CBA,...
At its simplest level, there are 2 types of interest rate products available for the housing loan market in Australia – Variable Interest Rate products Vs Fixed...
Interest – what is it? Understanding interest rates loan is key to managing borrowing costs. The rate affects your total loan repayment, with longer terms often leading...
