NSW Stamp Duty Concessions
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Posted By
RESIMAC
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8:45 AM
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Thursday, 8 December 2011
The NSW stamp duty concession for existing homes will end on 31 December 2011, as announced in the State budget earlier in the year. Commencing in 2012, stamp duty exemptions will only apply to the acquisition of a new home or vacant land intended to be used as the site for a new home. Should you have clients who wish to obtain the stamp duty concession on an existing home, they must exchange contracts prior to 31 December 2011.
Even wanted to know where first home buyers are purchasing their new homes, click here for a list of the top 20 postcodes in NSW over the last year.
LMI Fact Sheet...Good or Overkill?
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Posted By
RESIMAC
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3:41 PM
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Tuesday, 30 August 2011
As part of the Federal Government's bank competition reform package, it has announced that a fact sheet on Lenders Mortgage Insurance will soon become mandatory for home buyers. The aim is to assist consumers better understand the cost and benefit of LMI, be able to compare quotes, and know the difference in premiums and rebate schedules.
Do you think this is a positive step for home buyers or is it just burdening consumers with more documentation that that may or may not read?
COO Allan Savins interview with Adviser Magazine
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Posted By
RESIMAC
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9:45 AM
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Thursday, 11 August 2011
COO Allan Savins comments on the recent RMBS issue and the RESIMAC 'Specialist Lending' range...
http://www.theadviser.com.au/multimedia/5800-insight?layout=video
RBA announcement...
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Posted By
RESIMAC
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4:01 PM
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Tuesday, 5 July 2011
At its meeting today, the Board decided to leave the cash rate unchanged at 4.75 %.
http://www.rba.gov.au/media-releases/2011/mr-11-15.html
Households feeling the pinch...
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Posted By
RESIMAC
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11:55 AM
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Friday, 1 July 2011
According to the MFAA, the rising cost of living is putting a dampener on the propoerty market...
http://www.brokernews.com.au/news/newsletter/109005
MFAA survey reveals borrowers do not care about DEF's
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Posted By
RESIMAC
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12:25 PM
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Wednesday, 15 June 2011
According to the MFAA, a new survey of 1,000 homeowners conducted by the group has shown that exit fees are not a significant factor in consumers' choice of home loans. The research indicated consumers are most concerned with interest rates, with 50.2% saying rates were the most important factor in their choice of product. Fees and charges were ranked second by respondents, with 15.5% tipping them as a factor in their decision.
However, exit fees ranked last in the survey, with only 1.7% of respondents claiming they were a concern. The existence of DEFs fell behind LVR and brand in its importance to consumers. Click for full story:
http://www.brokernews.com.au/news/newsletter/108642
RBA leaves cash rate unchanged...
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Posted By
RESIMAC
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2:58 PM
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Tuesday, 7 June 2011
RBA leaves cash rate unchanged at 4.75% - see full statement:
http://www.rba.gov.au/media-releases/2011/mr-11-09.html
Big 4 in ratings downgrade...
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Posted By
RESIMAC
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8:45 AM
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Thursday, 19 May 2011
RATINGS agency Moody's last night made good on its warning over downgrading the credit ratings of Australia's four main banks...
Read more: http://www.smh.com.au/business/big-four-in-ratings-downgrade-20110518-1et39.html#ixzz1MkLy6pH6
RBA hold interest rate...
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Posted By
RESIMAC
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9:08 AM
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Wednesday, 4 May 2011
At its meeting yesterday the RBA decided to leave the cash rate unchanged at 4.75%. Click the link below for the full story.
http://www.rba.gov.au/media-releases/2011/mr-11-07.html
Brokers unconcerned about rate rise...
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Posted By
RESIMAC
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2:49 PM
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Monday, 18 April 2011
The majority of brokers believe an interest rate hike would have little to no impact on potential home buyers.
According to Adviser Magazines latest sentiment survey, 39.5% of brokers believe an additional rate hike right now would have no impact on home loan demand – up 23.7% from this time last quarter...(click for full story)
http://www.theadviser.com.au/breaking-news/5247-rate-rise-no-impact-on-borrowers
What do you think?
Cash rate remains at 4.75%
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Posted By
RESIMAC
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9:33 AM
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Wednesday, 6 April 2011
Click below for the full statement from the RBA.
http://www.rba.gov.au/media-releases/2011/mr-11-06.html
Exit fee ban - have your say...
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Posted By
RESIMAC
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11:01 AM
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Tuesday, 5 April 2011
According to a poll by Adviser Magazine, 57.8 per cent of brokers believe consumers will be better off as a result of the ban on exit fees.
http://www.theadviser.com.au/breaking-news/5176-industry-divided-over-exit-fee-ban
Please feel free to tell us your thoughts on this key issue.
Exit fee ban.
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Posted By
RESIMAC
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10:52 AM
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Thursday, 24 March 2011
The Federal Government's proposed ban on Exit Fees was passed into law yesterday and will apply to all new home loans from 1st July 2011.
http://www.theadviser.com.au/breaking-news/5132-proposed-ban-on-exit-fees-becomes-law
Jump in million dollar suburbs....
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Posted By
RESIMAC
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12:50 PM
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Wednesday, 16 March 2011
Australia's million dollar suburbs grew by 35% to total 212 at the end of 2010 when measured by median house price, according to RP Data. (Click below for full story)
Non-banks increase market share...
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Posted By
RESIMAC
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8:52 AM
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Thursday, 10 March 2011
The market share of non-bank mortgage lenders has increased to levels last seen before the financial crisis, according to mortgage aggregator AFG.
RBA hold interest rate at...
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Posted By
RESIMAC
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1:08 PM
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Wednesday, 2 March 2011
At its meeting today, the Board decided to leave the cash rate unchanged at 4.75%. For more on this, and for information on the wider global economy, click below.
http://www.rba.gov.au/media-releases/2011/mr-11-03.html
Chat with Nathan Hindmarsh
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Comments (21)|
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Posted By
Nathan Hindmarsh
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1:30 PM
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Thursday, 24 February 2011
Hi all, Nathan Hindmarsh here with my collegues at RESIMAC ready to answer any questions you may have on the upcoming NRL season.
Hiney
RBA leaves cash rate unchanged...
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Posted By
RESIMAC
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2:51 PM
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Tuesday, 1 February 2011
At its meeting today, the Board decided to leave the cash rate unchanged at 4.75%. (Click below for full story)
http://www.rba.gov.au/media-releases/2011/mr-11-01.html
RBA interest rate announcement.
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Posted By
RESIMAC
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3:02 PM
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Tuesday, 7 December 2010
RBA holds cash rate at 4.75%. Click below for the official release.
http://www.rba.gov.au/media-releases/2010/mr-10-30.html
RESIMAC prices A$400m RMBS
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Posted By
RESIMAC
At
11:58 AM
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Friday, 26 November 2010
RESIMAC is delighted to announce the pricing of its A$400m RESIMAC Premier series 2010-2 RMBS transaction.(Click below for full details)
http://www.resimac.com.au/marketing/20101119_RESIMAC_RMBS.pdf