Katrina Parrington

Mortgage & Finance Broker, Elders Home Loans – Northern Territory – P. 8932 8900

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  • Elders Home Loans

  • Katrina Parrington

    I am a long term Centralian resident with more than 18 years experience in the financial services industry. Initially, in Real Estate in Adelaide before pursuing a career with Elders Insurance Alice Springs and lending roles with major banking institutions where I gained extensive experience in Home Loans and Commercial Lending here in the Alice and in Darwin.

    I have a unique set of skills that ensures I understand your lending needs and can provide you with professional advice and personal service.

    Tel: 08 8953 8800
    email: katrina.parrington@eldershomeloans.com.au

Posts Tagged ‘House Prices’

NT Government Must Re-Think Housing Affordability Across the Territory

Posted by Katrina Parrington on May 6, 2015

The reserve bank of Australia has taken a national perspective on the economy by taking the brave step of cutting theEldershomeloans_0014 - Copy interest rate once more.  This decision was taken despite the strong rise in Sydney property prices.   Trends in other cities and Australian towns are varied.

Interest rates are at incredible lows but as well as the Reserve Bank making adjustment,  the NT Government must consider what adjustments it can make to help home owners into their first home and to stimulate competition in business to make home ownership more affordable overall. Read the rest of this entry »

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Posted in Elders Home Loans - Alice Springs, Elders Home Loans - Darwin, Elders Home Loans - Palmerston, Elders Home Loans Northern Terriotry, Interest Rates, land shortage, Major Banks | Tagged: , , , , , , , , , , , , , , , , , , , , , , , , , , , | Comments Off on NT Government Must Re-Think Housing Affordability Across the Territory

Which Inner City Suburbs Are Most Affordable

Posted by Katrina Parrington on April 27, 2015

images[7]CoreLogic RP Data’s weekly Property Pulse shows which suburbs have the most affordable median value near the CBDs of Australia’s capital cities.

According to the data, the median value for Sydney’s inner city houses is significantly higher than the rest of the capital cities, with Turrella as the most affordable suburb in Sydney having a median house value of $839,676.

Read the rest of this entry »

Posted in Elders Home Loans - Alice Springs, Elders Home Loans - Darwin, Elders Home Loans - Palmerston, Elders Home Loans Northern Terriotry, Interest Rates, land shortage, Major Banks | Tagged: , , , , , , , , , , , , , , , , , , , , , , , , , , , | Comments Off on Which Inner City Suburbs Are Most Affordable

Statement by Glenn Stevens, Governor: Monetary Policy Decision

Posted by Katrina Parrington on August 2, 2011

At its meeting today, the Board decided to leave the cash rate unchanged at 4.75 per cent.

The global economy is continuing its expansion, but the pace of growth slowed in the June quarter. The supply-chain disruptions from the Japanese earthquake and the dampening effects of high commodity prices on income and spending in major countries both contributed to the slowing. It is still not clear how persistent this slower growth will be. The supply-chain disruptions are now gradually abating and commodity prices have softened of late, though they generally remain high. In China most indications suggest only a mild slowdown so far. Read the rest of this entry »

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Take 10 years off your mortgage?

Posted by Katrina Parrington on July 25, 2011

WOULD you like to shave 10 years off your mortgage? How much interest could this save you?
It’s not rocket science, it’s simply a matter of making more repayments more often and making sure you’ve got the best mortgage for your situation. Of the millions of homeowners, only some are getting out from under mortgage payments years, sometimes decades, before their neighbours.
How?
They make an effort to pay off their mortgage early.
The average home loan is now about $300,000, but living mortgage-free is not a pipe dream.
You may only need to find an extra $200-$500 every month so that you can exceed your mortgage payments. While many think they can’t afford that, you’d be amazed at how much money you can save on a monthly basis. Read the rest of this entry »

Posted in Elders Home Loans - Alice Springs, Interest Rates, Major Banks | Tagged: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Comments Off on Take 10 years off your mortgage?

Borrowing Within Your Means

Posted by Katrina Parrington on May 31, 2011

While your lender will give you a maximum borrowing amount, it is essential that you determine your own borrowing capacity when searching for your new home

The choices you make when taking out a mortgage have long lasting implications – so you need to approach borrowing with a healthy attitude.

How much you can borrow and how much you should borrow are two very different things. While your lender should not let you borrow more than you can afford, ultimately the choice is yours – so be careful not to over commit yourself. Read the rest of this entry »

Posted in Elders Home Loans - Alice Springs, Interest Rates, Major Banks | Tagged: , , , , , , , , , , , , , , , | Comments Off on Borrowing Within Your Means

Warning as home and rates could yet take a tumble

Posted by Katrina Parrington on May 13, 2010

  • By John Rolfe – Daily Telegraph 

PROPERTY prices and official interest rates might not rise much more this year, due to the worsening crisis in Europe.

Indeed, both could fall. Chaos on the world’s forex, debt and stock markets caused economists and futures investors to revise predictions of more rate rises this year, with the ASX opening betting between traders on a rate cut next month.

Read the rest of this entry »

Posted in Elders Home Loans - Alice Springs, Interest Rates, Major Banks | Tagged: , , , , , , , , , , , , , , , | Comments Off on Warning as home and rates could yet take a tumble

Swan Warns Banks

Posted by Katrina Parrington on February 8, 2010

BANKS have been warned they will face the ”wrath of the Australian government” if they push up mortgage rates after a decision announced yesterday to stop guaranteeing their overseas borrowings.

The guarantees offered from October 2008 during the financial crisis enabled banks, credit unions and building societies to borrow on the world’s best terms taking advantage of the federal government’s AAA credit rating. Declaring the decision to offer no new guarantees after March 31 a ”milestone in our recovery from the global recession”, the Treasurer, Wayne Swan, said it would provide ”no justification whatsoever” for rate rises over and above those sanctioned by the Reserve Bank. ”The banks’ interest rate margins are back to pre-crisis levels.

Read the rest of this entry »

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House Sales Strengthen As Confidence Returns

Posted by Katrina Parrington on January 25, 2010

Just 3 per cent of people expect home prices to fall this year, compared to a third who were expecting prices to fall when surveyed early last year, according to the latest Westpac-Melbourne Institute Consumer Sentiment survey.

Despite three official interest rate rises, and the likelihood of more, sentiment towards property ranks at the highest levels since 1994.

Read the rest of this entry »

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