Finware Focus

24 September 2013 - Homeloans Ltd reduces their Fixed Rates

Homeloans Ltd reduce their 1yr, 2yr and 3yr Fixed Rates for ProSmart and SMSF ProSmart.

 

20 September 2013 - ANZ increases Fixed Rates

ANZ increases the initial interest rates on their Special 6 month, 12 month and 18 month Fixed Products.

 

19 September 2013 - Heritage Bank reduces rates effective 20th September

Heritage Bank has reduced their initial interest rates on a range of 1yr, 2yr and 3yr Fixed products.  These rates refer to owner occupied, investment and investment interest only.

 

18 September 2013 - Westpac (NZ) increases Capped 1yr and 2yr Rates

Westpac (NZ) has increased their Capped 1yr and 2yr Full and Low Doc rates.

 

18 September 2013 - Westpac (NZ) and Sovereign Home Loan Maxcap Changes

Finware has upgraded and released the latest version of the Westpac Loan Calculator September 2013. The new release ensures that all your serviceability calculators for Westpac are accurate.

The supporting Westpac serviceability spreadsheet is still being developed and has therefore been removed from your database at this time. Our team are progressing well with the development of the updated spreadsheet and will release next week.

 

17 September 2013 - Several lenders increase their Fixed Rates

Adelaide Bank, Homeloans Ltd, Nationalcorp and Pioneer Mortgage Services have all increased their Fixed Rate products.

 

13 September 2013 - Resimac Home Loans Servicing Calculator is now available!

The Resimac Home Loans servicing calculator was released to all iLend™ clients on Friday, 13th September.

Resimac Home Loans is a new addition to your Maxcap servicing tool.
  The newly built servicing calculator now allows you to complete a product based serviceability calculation Resimac Home Loan products.  A big thank you to Anuradha, our newest team member at Finware who is quickly learning the intricacies of Maxcap and lender servicing.

 

13 September 2013 - Resimac Servicing Calculator is now available!

The Resimac servicing calculator was released to all iLend™ clients on Friday, 13th September.

The Funder Resimac is a new addition to your Maxcap servicing tool. The newly built servicing calculator will allow you to complete a product based serviceability calculation for Finloan, Homeloans Ltd and Pioneer. A big thank you to Anuradha, our newest team member at Finware who is quickly learning the intricacies of Maxcap and lender servicing.

 

12 September 2013 - Negative Effects of Too Much Screen Time

Whether it's a TV, a computer, or a smartphone, we spend more time in front of screens than ever before.  While enhanced communication, improved entertainment, and better access to information are some of the advantages associated with digital technology, recent studies suggest there is a price we pay for too much "screen time".  Increased "screen time" is often linked with a reduction in physical exercise, while increased exposure to blue light from digital devices also has a negative effect on sleep patterns and emotional well being.  

 

12 September 2013 - The Cooperative Bank (NZ) increases their Low Equity Margins

The NZ Cooperative Bank has increased their low equity interest rate premiums to reflect the increased costs associated with offering low equity lending.

 

10 September 2013 - SBS (NZ) makes changes to their Fixed Rates

NZ lender, SBS has increased the initial interest rates on some of their Fixed Rates today.

 

9 September 2013 - Westpac (NZ) increases Low Equity Margins

Westpac Low Equity Margins (LEM) increases as follows:

LVR 80.01% to 85.00% increase to 0.05% LEM
LVR 85.01% to 90.00% increase to 0.09% LEM
LVR 90.01% to 95.00% increases to 1.25% LEM
LVR 95.00% + increases to 1.5% LEM

 

6 September 2013 - Commonwealth Bank Changes

CBA has made a few small changes today to their 2yr and 3yr Fixed products.  

 

5 September 2013 - Lender Maxcap Update

Straight from the team whiteboard to you!

Currently the Finware team are working on a few new lender serviceability calculators, as well as updating some existing New Zealand (NZ) calculators.  The additional lenders include Resimac and ME Bank (welcome aboard) which will soon be available in your Maxcap Assessment tool.

 

4 September 2013 - Adelaide Bank Rate Changes

Adelaide Bank product changes updated yesterday.

 

2 September 2013 - ANZ changes

Today ANZ has sharpened the pencil on their Breakfree Package for loans greater than $499,999.

 

23 August 2013 - Product Changes for this Weekend!

Check out the product changes happening this weekend.

 

23 August 2013 - Homeloans Ltd and ING Direct make a move!

Check out the changes to Homeloans Ltd and ING Direct products.

 

21 August 2013 - AMP Rates Changes effective tomorrow!

Tomorrow several AMP rates will change - check them out in your database today.

 

19 August 2013 - Five lenders changed rates today....

Bank of Melbourne, BankSA, Bankwest, St George and Westpac all shifted rates today.  Check out the changes that were made to your iLend™ database today.


View More News
Ask us a question about this
powered by Finware