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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

The Enjoyable Road to Debt Freedom
With summer coming up, some of us are braving the high fuel prices and driving to family gatherings or favorite vacation spots. What route would you take? Any experienced road traveler will tell... read more

See why the best mortgage is a simple mortgage
Mortgages come with many options. Do you need them all? Most probably not. Keep the mortgage very simple and know when to take on extra options. read more

What Is a Debt Consolidation Loan?
Are you struggling to manage your finances? Do you have multiple debts, all with different interest rates and payment deadlines? Have you thought about consolidating your debts into a single, more... read more

18 fundamental money rules to live by

In a financial environment where everything seems to be getting more and more complex, it is essential that you anchor your own financial future with some sound principles.

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 of Statistics index shows capital city house prices rose 0.3 per... 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 rate.The move takes the official interest rate to 3.5... 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 and small business interest rates by 37 basis points.From... 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 in Australia. That is according... read more

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