Discounted movie tickets for Homeloans customers!

You can save next time you go to the movies thanks to our customer benefit partner, Member Advantage. Discounts apply to movie ticket sales at most national cinema chains.

A range of ticket discounts apply, included peak and off-peak options, and you can even save on candy bar purchases!

To find out how to redeem this offers, and for more about the Homeloans customer benefit program click here.

Homeloans latest figures show…

…that high property prices are the greatest barrier to home ownership, followed by saving for a deposit and ability to meet repayments. Will this change if interest rates rise later in the year?

Find out how much you may be able to borrow and what your repayments may be using Homeloans’ loan calculator.

Rate increase before the end of the year?

The big financial news for October, and more importantly the good news for mortgage borrowers, was the Reserve Bank’s decision to keep the cash rate unchanged.

“This was undoubtedly a surprise to the market,” says Scott McWilliam, Homeloans’ general manager of funding and operations.

The expectation of interest rates going up was so great that, in the hours leading up to the RBA decision, the Futures market was pricing a 75% chance of a 25 basis point rate hike.

However, just because the RBA elected not to increase the cash rate in October doesn’t mean that it will do the same later in the year. Read more...

Interest rate decrease : Homeloans Ltd bucks the trend

MEDIA RELEASE
11 October 2010
 
Homeloans Ltd bucks the trend
Mortgage rate reduced by 0.31 per cent

National mortgage provider Homeloans Ltd today announced it has dropped the rate on its popular full-doc MoniPower loan by 0.31 per cent.

Greg Mitchell, Homeloans’ general manager retail, calls the move “a positive development at a time when borrowers are expecting bad news.”

“It’s widely expected the Reserve Bank will decide to increase interest rates when it meets in November,” Mitchell says. “In addition, pundits are predicting that major banks will soon be lifting rates – over and above any official tightening in interest rates by the RBA – but we’ve bucked the trend and done the opposite.
“This further demonstrates that Homeloans is continuing to consolidate its position as a competitive alternative to the banks.”

The Homeloans MoniPower loan is a fully-featured loan with 100 per cent offset facility, no monthly or annual fees and very flexible credit criteria. It now sits at a very competitive 6.79 per cent, alongside the Homeloans Ultra which starts at 6.59 per cent.

For Homeloans interest rates visit our interest rates page.

Exclusive 10% discount on Intrepid Travel tours!

Member Advantage is proud to announce their newest partnership with Intrepid Travel, one of the world's leading operators of small group tours.

As a Homeloans customer, you can receive 10% discount* off the listed price on Intrepid Travel land tours!

Choose from over 1000 trips available in over 300 destinations throughout Europe, Asia, Africa, Latin America, North America, The Middle East & Australasia. Whatever your taste, let Intrepid take you on a journey you’ll never forget.

Click here to find out more about Homeloans customer benefits.

RBA decision for October

At its meeting today, the Board of the Reserve Bank of Australia decided to leave the cash rate unchanged.

Homeloans’ latest research shows…

...that despite a predicted increase this week, interest rates are far less of a concern than they were in April this year, when they were the number one financial concern amongst home buyers. Increased living expenses are now the biggest worry. Time will tell as to what impact the next rate movement will have on consumer sentiment…

Click here to view Homeloans’ current interest rates and loan options.