Wait on housing loan rate cut clarity from Tasmanian lenders

THE number of first home buyers looking to jump into the housing market has spiked in anticipation of an interest-rate cut next week. There has been a 55 per cent rise in visitors to first homebuyer guides this month – the biggest increase in a year – according to comparison site, Finder.

Clarity loans are designed to assist you in meeting your short-term borrowing needs and are not intended to be a long-term financial solution. The Annual Percentage Rate ("APR") as applied to your loan will range from 720% to 795% depending on your payment schedule, pay frequency, loan term, and the amount of your loan.

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State Custodians is a highly awarded online lender, focused on helping Australians’ get a better deal on their home loans. We have been recognised as Non-Bank Lender of the Year by Money magazine for five years between 2012-16 and our loans have the highest rating for outstanding value from Canstar.

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HUD cut insurance premiums essentially in half as authorities recognized that the risk of defaulting on affordable housing loans is minimal. Also, HUD centralized its operations over several years in an initiative called Transformation, establishing a single multifamily underwriting model, and adding clarity and transparency to the process.

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Why a second Fed interest rate cut might force Bank of CanadaLENDERS have started dropping their home loan interest rates without waiting for the Reserve Bank of Australia to move. Although the RBA last week decided to keep interest rates on hold, a couple.

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ANZ has become the first big lender to cut its variable home loan rate for new customers, as the banks slug it out for business in a tightening market. ANZ says it is reducing its basic principal.