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 ‘Loans’

Save years & $$

Posted by Katrina Parrington on March 26, 2012

How would you like a savings account with an interest rate 60 basis points (or more) above the best savings accounts on the market, that is not only delivered tax-free, but could also help to clear your mortgage years early?
It might come as a surprise, but when it comes to finding a great savings rate, your home loan could be the answer. That’s because for savers, a mortgage offset account can offer a good, tax-free return with a rate that’s hard to beat. Read the rest of this entry »

Posted in Elders Home Loans - Alice Springs | Tagged: , , , , , , , | 1 Comment »

Domestic Economic Conditions – Monetary Policy Meeting of the Reserve Bank Board

Posted by Katrina Parrington on August 16, 2011

The main economic news over the past month had been the inflation data. In the June quarter, the CPI had increased by 0.9 per cent, to be 3.6 per cent higher over the year. Measures of underlying inflation were running at 2½–2¾ per cent over the year, which was higher than in 2010. Read the rest of this entry »

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Current Sharemarket Carnage Good News for Home Loan Borrowers

Posted by Katrina Parrington on August 9, 2011

COMMONWEALTH Bank of Australia has cut interest rates on its fixed rate home loans by up to 60 basis points.

Australia’s largest lender said the fixed rates for its one to five year products will now range from 6.59 per cent to 6.99 per cent, a cut of between 0.25 per cent and 0.6 per cent.

“Many customers want certainty with their home loan repayments and we are pleased to take a lead and offer customers that peace of mind,” executive of retail banking services Ross McEwan said.

WESTPAC Banking Corporation has cut the interest rate on its three-year fixed rate home loan by 20 basis points.

Westpac today said the three-year fixed rate for its Premier Advantage package had been cut from 6.99 per cent to 6.79 per cent.

The bank’s move came as rival Commonwealth Bank of Australia (CBA) today cut interest rates on its fixed rate home loans by up to 60 basis points.

CBA said the fixed rates for its one to five year products would now range from 6.59 per cent to 6.99 per cent, a cut of between 0.25 per cent and 0.6 per cent.

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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

RBA raises cash rate again

Posted by Katrina Parrington on April 7, 2010

Tuesday’s interest rate rise by the Reserve Bank followed up on Governor Glenn Stevens warning to homeowners, the move takes the official cash rate to 4.25%.

The Commonwealth Bank was the first of the major banks to pass on the increase raising its standard variable to 7.11%, Westpac, ANZ and National Australia Bank all followed suit interestingly none of the major banks lifted their standard variable rate greater than the 25 basis points passed on by the Reserve Bank.

Read the rest of this entry »

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MPA Article on Katrina Parrington – At the centre

Posted by Katrina Parrington on February 3, 2010

I was fortunate enough to be profiled this month in Mortgage Professional Australia which is the leading magazine for the mortgage industry nationally.  Click on the link below to see the article;

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via Broker news – At the centre.

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