High loan to value ratio (LVR) home loans continue to flee the market. More lenders offering 90% LVR home loans. Lenders likely to remain cautious in 2010.
Do not expect lending to be easier in 2010
Borrowing cheaper but now more difficult
Home loan rates continue to drive lower in September with more than 220 rate cuts made in the past week, despite today’s RBA decision to leave interest rates on hold at 1.50 per cent.
Rates to hold at 1.5 per cent until 2017
The cash rate is set to hold at 1.50 per cent at Tuesday’s Reserve Bank meeting, with the Board likely to sit on its hands until the August cut has had a chance to flow through the economy.
First date etiquette: Who should pay?
When it comes to first date etiquette, Australians are surprisingly traditional although that could be set to change, according to the results of a national consumer study.
Yes, it may be possible to get a $1,500 payday loan with bad credit. Some payday lenders give loans to people with bad credit histories if they believe the borrower has the capacity to repay the loan.
Under Australia’s responsible lending rules, lenders aren’t allowed to approve $1,500 payday loans if they don’t believe the borrower can make the repayments.