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Why the Australian dollar is rising – and what does it have to do with your mortgage repayment?

The Australian dollar is on the rise and is now hovering around 80 US cents.In February alone, it gained about 5 cents against the US dollar. It is a step for all currencies.The Australian dollar is increasing in value for several reasons, and one of these reasons is also linked to how much you will pay for your monthly repayments - possibly as late as this year.Before we look at that link, let's examine what drives dollars higher.A stronger economy means a higher dollarThe Australian dollar is what is called a commodity currency, which means that its value against the…

EYES on: Mortgages and finances

Zephyr Homeloans introduces online self-service platform for customers Zephyr Homeloans, a specialized lender for buying and renting, has introduced an online self-service platform for its customers. Landlords can use the system to carry out transactions such as mortgage payments, set up direct debits and perform other administrative tasks, including changing contact information. Borrowers can also log in to the platform to see mortgage account information such as payment history, current balance sheet information and any arrears. Paul Fryers, CEO of Zephyr Homeloans, part of Computershare Loan Services, commented: “The new self-service platform helps landlords manage their loans at a time…

Cavs vs Thunder | Rocket Mortgage Game Preview | Cleveland Cavaliers

Where to watch and listen TV: FOX Sports Ohio Radio: WTAM 1100, 100.7 WMMS, 89.1 WNZNCavaliers LIVE begins 30 minutes before the tipoff with postage coverage immediately after. HERE COMES THE TUNDER Wine & Gold needs a victory in the worst way to break this losing streak, and it could happen tonight against Oklahoma City Thunder. The Thunder come to Cleveland with an 11-8 record in the packed Western Conference. OKC loses loss in Milwaukee on Friday. Last time Just like the last time the Cavs and Nuggets played (about a week and a half ago), Cleveland hung tough with…

Morris Bank: Simplifies the refinancing and mortgage process

If you've heard of or read about low interest rates but are not sure if it makes sense to refinance your current loan, Kasey Hagan and Brooke Pevey of Morris Bank in Statesboro want to help."An interest rate over three and a half percent is a good measure that it's time to definitely look at refinancing," says Hagan, a mortgagee with Morris. "If you bought your home five years ago, even if it was good prices, it's not so good prices now." But "Even if you have a loan of 3% or so, come and talk to us," says Pevey,…

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