RBA ask home buyers & homeowners to carry the “interest rate” can for the economy again. Australian home buyers and mortgagor homeowners might get punished By the Reserve Bank of Australia with higher mortgage repayments for the mining boom, the Queensland floods and Cyclone Yasi. Real economy is going backwards This grim analysis is based [...]
Kevin Rudd, Australia’s Prime Minister is to announce his mortgage relief plan that will freeze mortgage payments for up to 12 months for financially stressed homeowners.?
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A massive one percent interest rate cut this week, on top of the two previuos big rate cuts has made more than 43,000 home borrowers Australia’s biggest losers. And they only have themselves to blame for not listening to Mr Mortgage. The costs of exiting an average fixed-rate mortgage jumped to $18,000 because break fees for [...]
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Building A Home with an Eco-Garden
