THANKS to the financial stakes associated with mortgage refinancing, it's critical for borrowers to be vigilant throughout the decision-making process, says Glen Spratt, managing director of mortgageport.com.au. But doing so is a tall task for your average consumer, he adds.
NATIONAL Australia Bank has upped the ante in the mortgage war by offering a 6.99 per cent standard variable rate home loan through its online-only operation, UBank.
INVESTORS in the $240 million property fund Opus 21 should ditch manager Opus Capital in favour of raider John McBain's Century Funds Management, independent analysts Adviser Edge say.
INVESTORS with $240 million trapped in the Equititrust Income Fund are expected to receive a detailed update this week on the status of the troubled fund, and its losses, following Equititrust's recent tangle with the corporate watchdog.