The Banks Are Winners, And Households The Losers!

A deep dive into the thorny question of the economics of extending the loan term, something which the Bank of England highlighted in its latest report. Who wins (let you guess….)

http://www.martinnorth.com/

Go to the Walk The World Universe at https://walktheworld.com.au/

Today’s post is brought to you by Ribbon Property Consultants.

The Banks Are Winners, And Households The Losers!

A deep dive into the thorny question of the economics of extending the loan term, something which the Bank of England highlighted in its latest report. Who wins (let you guess….)

http://www.martinnorth.com/

Go to the Walk The World Universe at https://walktheworld.com.au/

Today’s post is brought to you by Ribbon Property Consultants.

If you are buying your home in Sydney’s contentious market, you do not need to stand alone. This is the time you need to have Edwin from Ribbon Property Consultants standing along side you.

Buying property, is both challenging and adversarial. The vendor has a professional on their side.

Emotions run high – price discovery and price transparency are hard to find – then there is the wasted time and financial investment you make.

Edwin understands your needs. So why not engage a licensed professional to stand alongside you. With RPC you know you have: experience, knowledge, and master negotiators, looking after your best interest.

Shoot Ribbon an email on info@ribbonproperty.com.au & use promo code: DFA-WTW/MARTIN to receive your 10% DISCOUNT OFFER.

Digital Finance Analytics (DFA) Blog
Digital Finance Analytics (DFA) Blog
The Banks Are Winners, And Households The Losers!
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Rates At A Cross Roads Or Not?

I caught up with Peter Marshall from Mozo as we discussed the fall out from the RBA rate rise last week, and how it is playing out for mortgage holders and savers. Are we at another inflection point?

Peter Marshall has been working in the Australian banking and finance industry for over 20 years and oversees Mozo’s extensive product database. He is regularly sought out for his expert commentary and analysis on banking and interest rates trends by print, radio and TV media. https://mozo.com.au/

Go to the Walk The World Universe at https://walktheworld.com.au/

Crunch: Forget That New Mortgage!

Rising interest rates are already putting more pressure on households and now banks are reducing their ability to lend at high multiples with an effective reduction of “Borrowing Power” of up to 20%. Combined, this will put more stress on property owners and renovators.

APRA has written to the banks stressing the importance of sound mortgage lending. Better late than never!

WA may well see some of the biggest changes.

Go to the Walk The World Universe at https://walktheworld.com.au/

The Start Of The Interest Rate Wars: With Steve Mickenbecker

I discuss the state of play for interest rates as the RBA meets next week. Mortgage rates are rising, while some deposit rates are rising. But how will this play out ahead?

And importantly, what can households do not to combat rising rates and costs?

Steve Mickenbecker is in Canstar’s Group Executive Team, bringing more than 30 years of experience in the Australian financial services industry. As a financial commentator for Canstar, Steve enjoys sharing his expertise across topics such as home loans, superannuation, insurance, mortgages, banking, credit cards, investment, budgeting, money management and more.

https://www.canstar.com.au/team-members/steve-mickenbecker/

Go to the Walk The World Universe at https://walktheworld.com.au/

Well, Are Rates Really Going Up?

I caught up with Steve Mickenbecker from Canstar to discuss the changes in mortgage rates around the RBA’s announcement. Which rates are likely to rise – and what strategy is best for now?

Steve Mickenbecker is in Canstar’s Group Executive Team, bringing more than 30 years of experience in the Australian financial services industry. As a financial commentator for Canstar, Steve enjoys sharing his expertise across topics such as home loans, superannuation, insurance, mortgages, banking, credit cards, investment, budgeting, money management and more.

https://www.canstar.com.au/team-members/steve-mickenbecker/

Go to the Walk The World Universe at https://walktheworld.com.au/

Digital Finance Analytics (DFA) Blog
Digital Finance Analytics (DFA) Blog
Well, Are Rates Really Going Up?
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Are Mortgage Rates On Their Way Up? [Podcast]

I discuss the latest research from Canstar with Steve Mickenbecker, their Group Executive, Financial Services & Chief Commentator. Seems some are thinking mortgage rates are set to rise – but how likely is that?

https://www.canstar.com.au/team-members/steve-mickenbecker/

Go to the Walk The World Universe at https://walktheworld.com.au/

Digital Finance Analytics (DFA) Blog
Digital Finance Analytics (DFA) Blog
Are Mortgage Rates On Their Way Up? [Podcast]
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Are Mortgage Rates On Their Way Up? – With Steve Mickenbecker

I discuss the latest research from Canstar with Steve Mickenbecker, their Group Executive, Financial Services & Chief Commentator. Seems some are thinking mortgage rates are set to rise – but how likely is that?

https://www.canstar.com.au/team-members/steve-mickenbecker/

Go to the Walk The World Universe at https://walktheworld.com.au/

How To Stop Paying Through The Nose… [Podcast]

We look at the latest ACCC report.

https://www.accc.gov.au/media-release/home-loan-borrowers-missing-out-on-significant-savings-by-not-switching

A Government entity actually looking after our backs! Kudos!

Go to the Walk The World Universe at https://walktheworld.com.au/

Digital Finance Analytics (DFA) Blog
Digital Finance Analytics (DFA) Blog
How To Stop Paying Through The Nose... [Podcast]
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