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Knowledgebase

Equity:
The amount of (or that portion of) an asset actually owned. Equity is the difference between the market value and the current amount of money still owing on the loan. This is also referred to as the owner’s interest.

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Finance Articles

How to Get Out of Debt
If you have found yourself in a position where you are in serious debt and cannot think of a way out of the situation, then take a few... read more

Finding the Right Home Mortgage Loan
With over 3000 home loans on the Australian market it would be easy to dismiss them as marketing overkill – and you'd probably... read more

Getting Rid of Your Debt Troubles
People borrow for a variety of reasons. But as long as they are able to meet repayment obligations, things are fine. Trouble erupts when... read more

The Backwards Logic Behind the Debt Snowball Method
Would it make sense to state that some of the best debt repayment advice is the wrong advice? It seems strange, however it is often true.... read more

Home Loans News

House price rise below expectations
Nov 20 :: Australian house prices edged higher in the September quarter, but by much less than economists expected.The official Bureau... read more

RBA calms nerves with another rate cut
Jun 06 :: The Reserve Bank has moved to calm rattled households and non-mining sectors of the economy by shaving 25 basis points from the cash... read more

ANZ last to move in cutting rates
May 18 :: ANZ Bank is the last of the big four banks to announce its move on interest rates this month, cutting its standard variable mortgage... read more

Wary buyers opt for fixed interest mortgages
Apr 04 :: Fixed mortgage rates hit a four year high and New South Wales continues to dominate the market, accounting for two out of five new mortgages... read more

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