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  • Coalition’s exit fees stand slammed

    A threat by the Coalition to overturn the Gillard government’s ban on bank mortgage exit fees has prompted an angry response from consumer group Choice. The ban is due to take effect from July 1, but can still be reversed by a majority vote in federal Parliament. The Coalition would […]

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    Gen Ys will lead housing revival: Salt

    The Australian housing market has a bright future, and Gen Ys will be the ones to lead it there, a social demographer has claimed. In spite of growing pessimism surrounding the economy, KPMG partner Bernard Salt has told Australian BrokerNews he expects economic conditions to pick up within the next […]

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    Reserve Bank warns on rate rises

    Borrowers are likely to face higher interest rates in coming months, after the Reserve Bank confirmed it would use its key weapon to combat inflation from the resource boom. Minutes from the Reserve’s latest board meeting show it is a matter of when interest rates will rise, not if, saying […]

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    Grab yourself a rate cut

    It hardly seems fair that the more things cost us – think bananas, electricity and petrol – the more we’re likely to have to fork out for mortgage repayments. But that’s the reality of our financial system. Inflation last week spiked to levels not seen since the introduction of the […]

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    Mortgageport features on Channel Nine News Story – Sydney

    Media Release 4th may 2011: Special report by Channel Nine last evening (3rd May, 2011) following the Reserve’s Bank decision to hold the cash rate at 4.75%. The story featured the major 4 Banks profitability in comparison to their current home loan interest rates on offer (averaging 7.87%). Further to […]

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