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Interest Rate:
A rate which is charged or paid for the use of money. An interest rate is often expressed as an annual percentage of the principal. It is calculated by dividing the amount of interest by the amount of principal. Interest rates often change as a resul

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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... 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... 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... 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... read more

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