RBA’s rate rise catches industry unawares

Source: mortgagebusiness.com.au

The Reserve Bank of Australia’s decision to raise interest rates yesterday by 25 basis points took most by surprise.

According to Mortgage Business’ recent straw poll, 71.8 per cent of brokers didn’t expect the RBA would raise rates in October. Of the 351 respondents only 25.4 per cent tipped the RBA to raise rates while 2.8 per cent were unsure. Read More »

New Credit Card Scams: Beware

We felt that this would be appropriate for us to share with you all an email that we received recently from a friend. Unlike most of the spam mails and chain letters, we believe that there is some truth behind this story.

Credit card scams, identity thefts are very sensitive issues and many people have suffered. So hopefully this message below can help you be aware of one of those scams.

“New Credit Card Scam”

“This one is pretty slick since they provide YOU with all the information, except the one piece they want. Read More »