Are we in a housing bubble??

Some economists have recently expressed views that Australian house prices are overvalued when compared to historical trends and prices in other developed countries.

Tony Carn, Homeloans’ general manager of third party distribution, discusses why we should exercise caution in listening to such claims. Read more...

Homeloans customer benefit highlight of the month: Dinner discounts!

This month’s Homeloans customer benefit highlight is the amazing discounts you can receive at restaurants and cafés around Australia.

With a range of selections for any culinary taste and budget, Member Advantage’s search engine has made it easy for you to find the closest participating restaurant.

Simply jump on to http://www.homeloans.com.au/default.aspx?MenuID=363, follow the links to the Member Advantage website and use your Homeloans Customer benefits card to log in.

When you take out a Homeloans loan, you are entitled to a range of sensational benefits, from discounts on grocery shopping and fuel, to great deals on dining and entertainment.

More about Homeloans’ customer benefit program.

Ever heard of a $40 note?

Many of us would remember the introduction of the one dollar coin or the $100 note in 1984, or even the decimal currency system itself in 1966. But have you ever heard of a $40 note? Neither had we, until we heard this amazing story from a member of the Homeloans community... Read more

Homeloans Customer Benefits: DealsDirect.com.au

DealsDirect.com.au, Australia’s number 1 Online Department Store#, is proud to offer 5% off site-wide to Homeloans customers.

Shop from over 7,500 products across 24 categories. From electronics to sport and fitness, kitchen appliances to children’s toys; there’s something for everyone.

Shop online from the comfort of your home and enjoy fast delivery direct to your door, with next day despatch on most items.

To find out more about how you can save, log on to the Homeloans Customer Benefits page and follow the links.

http://www.homeloans.com.au/benefits

Delicious Weekend Recipe: Pesto-infused Prawn Skewers

A delicious weekend recipe for the food lover inside all of us.

Serves 4:

16 green king prawns (look for Spencer Gulf prawns), peeled (but tails left on) and de-veined

8 small metal skewers – or bamboo skewers, soaked in water for 30 minutes

200g bottled pesto

Olive oil spray

Ground black pepper

Put the prawns into a bowl with the pesto, coat well and marinate, refrigerate for 1 hour. Thread two prawns onto each skewer and place on a plastic-wrap lined plate. Spoon the pesto over, cover with plastic wrap and let sit for 4 hours in the refrigerator.

Spray a medium-hot flat plate with oil. Add the prawns and cook. Sprinkle on black pepper and baste once with the pesto. You can turn these twice during the cooking.

Serve on a platter with cocktail napkins to have as a starter around the barbecue.

Recipe from Barbecue Seafood by Peter Howard. Published by New Holland.

Homeloans loans are Carbon Conscious

Homeloans plants a tree for every new Homeloans loan.

At Homeloans, we aim to conduct our business in an environmentally responsible fashion. In order to help us achieve this, we have teamed up with Carbon Conscious, an Australian company that produces carbon credits through carbon farming.

We are taking action towards countering greenhouse gases in our atmosphere by planting a Mallee Eucalypt tree for each new Homeloans loan settled. The Mallee Eucalypt is a native species adapted to the growing conditions of the Australian Wheatbelt region where they are planted. Over its growing life, the Mallee Eucalypt will store carbon from the atmosphere.

This activity is not something that is factored into the pricing of our home loans and it does not result in any additional expense for our customers. Rather, it is our way of contributing to a more sustainable environment and exercising our corporate social responsibility, something which is important to us at Homeloans.

To find out more about Homeloans Carbon Conscious program, click here.

RBA (Reserve Bank of Australia) decision for November 2010

At its meeting today, the Board of the Reserve Bank of Australia decided to increase the cash rate by 25 basis points. Homeloans will be reviewing its rates and customers will be notified of any change accordingly.
If rising interest rates are a concern to you please contact Homeloans. We may be able to review your existing mortgage situation to ease the burden of rising repayments.
To discuss your options, contact Homeloans today.