Katrina Parrington

Mortgage & Finance Broker, Elders Home Loans – Northern Territory – P. 1300 LENDING

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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 ‘Inflation’

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?

Rates to Rise – RBA Governor Says

Posted by Katrina Parrington on February 20, 2010

Rates will have to rise as Australia gears up to prosper from its proximity to a strong Asia, RBA governor Glenn Stevens says.

Mr Stevens also said further adjustments to monetary policy will be needed to ensure inflation remains consistent with the RBA’s two to three per cent target band.

“If economic conditions evolve roughly as we expect, further adjustments to monetary policy will probably be needed over time to ensure that inflation remains consistent with the target over the medium term,” he told a House of Representatives Economics Committee hearing in Canberra.

The RBA increased the rate to 3.75 per cent by December and then surprised financial markets by keeping it steady in February.

“This is a normal experience in an economic expansion: as economic activity normalises interest rates do the same.

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