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Refinancing with a prepayment penalty Treat it like a closing cost and figure out what the payback period would be, says Dr. Don.read more...
Westpac, National cut mortgage rates (The New Zealand Herald) The flurry of mortgage rate reductions that began on Friday with ASB and BNZ has carried on with Westpac and National Bank both reducing their key mortgage rates.read more...
Mortgages: Common wisdom isn't always the wisest Myth 1: A 30-year fixed is always the way to go. Long-term mortgages might not be best for people who plan to buy another home eventually.read more...
Stop living paycheck to paycheck Start by building yourself an emergency fund, Dr. Don says.read more...
State revenues expected to grow by $3.2 billion over two years A real estate boom, hurricane reconstruction and higher prices on consumer purchases are among factors expected to grow state revenues by $3.2 billion more than previously estimated during the current
Welcome to the fifteenth fortnightly Cairns Lockie Mortgage Commentary for 2008. We aim to keep you informed on developments at Cairns Lockie, Home Loans and the mortgage market in general.
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