Consumers to Stick With Savings in 2012: Survey

Most Australians expect to keep their savings belts firmly strapped on during the coming year due to the global economic uncertainty, according to a national survey by leading mortgage broker Priority Lending. The Priority Lending poll which asked “What’s your 2012 financial resolution?’ found 53 per of the respondents said their priority would be to…

Refinancing Up 17 Per Cent: Priority Lending

The number of borrowers refinancing has increased significantly over the past 12 months, says leading mortgage broker Priority Lending. Priority Lending Chief Operating Officer Dean Rushton said the latest official home loan approval figures for October, 2011, from the Australian Bureau of Statistics (ABS) show a 17 per cent rise in refinancing activity compared to…

Global Conditions Prompt Further Rate Cuts

Deteriorating global economic conditions have made it appropriate for the Reserve Bank of Australia (RBA) to lower official interest rates for the second successive month, says leading mortgage broker Priority Lending. Priority Lending Chief Operating OfficerDean Rushtonsaid consumers would welcome a further 0.25 per cent rate reduction in the cash rate to 4.25 per cent.…

To DIY Or Not To DIY?

If you are considering home improvements you may be considering the benefits of a Do It Yourself or DIY project. DIY is not for everyone; in fact it’s not for most people. Either way, here are some ideas to help you plan for your project and help you decide whether to DIY or not to…