THE Reserve Bank has suggested the major banks may be profiteering from their recent round of interest rate increases, arguing moves on lending rates over the past two years have been outpacing funding costs. Continue reading
Tag Archives: mortgages
Parents help with property purchase could actually hurt
Financial planners are warning parents not to help adult children buy homes with large mortgages that could ultimately become unaffordable.
Rising house prices – especially for homes at the more affordable end of the scale – and economic uncertainty are prompting young people to stay within the bosom of their family longer, and many parents feel compelled to help out with cash hand-outs. Continue reading
CRS Warner Kugel trading as The Insolvency Experts © 2011. All rights reserved