Category Archives: Interest Rates

RBA Leaves Interest Rates On Hold – News Update – 03/04/12

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Keeping interest rates on hold at 4.25 per cent the Reserve Bank has ignored some growing concerns about job losses and a downturn in the non-mining economy, keeping interest rates on hold .

Editors at Money Pages believe individual bank rates will continue to be volatile while the banks claim funding conditions remain fragile upon the European Union‘s austerity measures and higher costs of funding with frequent movements from lenders.

Friday the 13th will see ANZ review their rates independently and we will most likely see the other majors CBA, NAB and Westpac wait for ANZ’s announcement.

Click Here To Learn More About How Interest Rates Effect Low Doc Mortgages

Low Doc Mortgage Guide and Rates

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Never has there been a more exciting time in low doc lending since the GFC than right now. Here at Loc Doc Mortgages our experienced and trusted brokers understand that every borrower and every loan we settle is unique to you. We are able to provide a wide range of lending solutions to suit a large spectrum of lending needs. Our brokers can help guide you through the products on the market that are just as exciting even if you are a first time lender or someone who sees “opportunity” when it knocks. With over 50 years experience in the finance market we offer products from lenders Australia wide who are seeing a huge change in lending criteria on residential property, commercial, and rural residential.

Some analysts would say that the Reserve Bank of Australia no longer has influence on what the big four charge regarding interest rates. We believe here at Low Doc Mortgages that doesn’t need to be the situation and some of the fixed rates on offer from lenders on our panel that you may not have access to except if you use a broker will thrill our prospective clients. We look forward to opening up a huge opportunity for those that are self employed and need to either buy a property or refinance and have been told “No” for the last four years. Don’t delay let us help you secure a better low doc home loan rate or your first low doc mortgage with the best rate for your situation. We look forward to being able to serve you with our dedication and commitment that we have for low doc lending Enquire Now.