Comments on: Homebuyers and Homeowners: they cut the interest rate again, how much we save? http://www.homeiown.com/homebuyers-homeowner-they-cut-the-interest-rate-again-how-much-we-save/ How buying, building or renting a house works in Australia Thu, 02 Feb 2012 21:05:23 +0000 hourly 1 http://wordpress.org/?v= By: Interest Rate Comparison http://www.homeiown.com/homebuyers-homeowner-they-cut-the-interest-rate-again-how-much-we-save/comment-page-1/#comment-16167 Interest Rate Comparison Wed, 09 Sep 2009 10:37:32 +0000 http://www.homeiown.com/?p=460#comment-16167 Hey, thanks for this info. Very interesting just how much you can save on a mortgage when you try. It also helps to compare interest rates with other banks and decide if it is worth moving to another provider to save in repayments Hey, thanks for this info. Very interesting just how much you can save on a mortgage when you try. It also helps to compare interest rates with other banks and decide if it is worth moving to another provider to save in repayments

]]> By: Median prices December 2008 reveal what's going on in the property market | Home I Own, Aussie Real Estate Blog http://www.homeiown.com/homebuyers-homeowner-they-cut-the-interest-rate-again-how-much-we-save/comment-page-1/#comment-5320 Median prices December 2008 reveal what's going on in the property market | Home I Own, Aussie Real Estate Blog Thu, 05 Mar 2009 10:42:42 +0000 http://www.homeiown.com/?p=460#comment-5320 [...] of the whole real estate market here. To prevent that from happening, RBA has made some serious interest rates’ cuts and the government offered incentives to the first home buyers (increased FHOG) to convince them [...] [...] of the whole real estate market here. To prevent that from happening, RBA has made some serious interest rates’ cuts and the government offered incentives to the first home buyers (increased FHOG) to convince them [...]

]]> By: Chris http://www.homeiown.com/homebuyers-homeowner-they-cut-the-interest-rate-again-how-much-we-save/comment-page-1/#comment-1253 Chris Mon, 12 Jan 2009 00:43:08 +0000 http://www.homeiown.com/?p=460#comment-1253 Here in Australia many people are looking at the US as their possible future situation. You guys were there first and luckily our government is trying to learn and to avoid hitting the rock bottom that you've hit first. It makes me so frustrated to see how people that were seduced into living beyond their means are paying the price now. Here in Australia many people are looking at the US as their possible future situation. You guys were there first and luckily our government is trying to learn and to avoid hitting the rock bottom that you’ve hit first. It makes me so frustrated to see how people that were seduced into living beyond their means are paying the price now.

]]> By: gamer gal http://www.homeiown.com/homebuyers-homeowner-they-cut-the-interest-rate-again-how-much-we-save/comment-page-1/#comment-1237 gamer gal Sun, 11 Jan 2009 14:23:08 +0000 http://www.homeiown.com/?p=460#comment-1237 Here in America they are trying different mortgage plans to help out many home owners because in some states the foreclosure rate is at a all time high now. Many home owners are just packing up and walking away from their homes being they cannot afford the mortgage on them anymore. Some places are ballooning the mortgage payment up over night and not giving any warning to the home owners. I just hope that the save plans they have here make more owners stay place with their homes. Thank you for sharing how it is over there was really wondering if other countries homes and home owners were affected badly by the struggling economy that we all are having to deal with these days. gamer gal Here in America they are trying different mortgage plans to help out many home owners because in some states the foreclosure rate is at a all time high now. Many home owners are just packing up and walking away from their homes being they cannot afford the mortgage on them anymore. Some places are ballooning the mortgage payment up over night and not giving any warning to the home owners. I just hope that the save plans they have here make more owners stay place with their homes. Thank you for sharing how it is over there was really wondering if other countries homes and home owners were affected badly by the struggling economy that we all are having to deal with these days.
gamer gal

]]> By: Atlanta Bad Credit Home Loan http://www.homeiown.com/homebuyers-homeowner-they-cut-the-interest-rate-again-how-much-we-save/comment-page-1/#comment-1069 Atlanta Bad Credit Home Loan Mon, 05 Jan 2009 02:47:29 +0000 http://www.homeiown.com/?p=460#comment-1069 Here in the United States, interest rates have recently been cut to their all-time low, mainly to try and bolster our struggling economy through the current recession. The burst of the housing bubble has also made houses much more affordable. When you put together more affordable houses and all-time low interest rates, this is the ideal time for first-time home buyers, since their buying a house is not tied to selling an existing one. The problem is that credit has also tightened, so getting a loan approved for that more affordable than ever house is turning out to be quite a challenge, since financial institutions have been badly burned. But all in all, those interest rate cuts sure are welcome in a time where everyone pretty much around the world is penny-pinching. Here in the United States, interest rates have recently been cut to their all-time low, mainly to try and bolster our struggling economy through the current recession.

The burst of the housing bubble has also made houses much more affordable. When you put together more affordable houses and all-time low interest rates, this is the ideal time for first-time home buyers, since their buying a house is not tied to selling an existing one.

The problem is that credit has also tightened, so getting a loan approved for that more affordable than ever house is turning out to be quite a challenge, since financial institutions have been badly burned.

But all in all, those interest rate cuts sure are welcome in a time where everyone pretty much around the world is penny-pinching.

]]> By: Another interest rate cut - what's in it for us? | Home I Own, Aussie Real Estate Blog http://www.homeiown.com/homebuyers-homeowner-they-cut-the-interest-rate-again-how-much-we-save/comment-page-1/#comment-525 Another interest rate cut - what's in it for us? | Home I Own, Aussie Real Estate Blog Wed, 03 Dec 2008 09:21:12 +0000 http://www.homeiown.com/?p=460#comment-525 [...] big deal. Normally the interest rate is moving up and down by 0.25 percent and not as frequently as RBA has been doing since September, cutting the total of 3 percent. It took them 6 years to drive the interest rates up to the point [...] [...] big deal. Normally the interest rate is moving up and down by 0.25 percent and not as frequently as RBA has been doing since September, cutting the total of 3 percent. It took them 6 years to drive the interest rates up to the point [...]

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