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Term Rate APR Payment
30 Yr Fxd 3.375% 3.619%
15 Yr Fxd 2.75% 3.125%
5 Yr ARM 2.75% 3.638%

Latest News

Election result adds to Northern Territory gas uncertainty

By Harry Pearl SYDNEY (Reuters) - Australia’s center-left Labor Party won a convincing vote in the Northern Territory election on Saturday, a result that will likely add to existing uncertainty over development of the region’s onshore gas industry and could ward off foreign investment. Labor, which trounced the ruling Country Liberals Party, has promised to put in place a moratorium on fracking – a process which involves high-pressure injections of water, chemicals and sand into the ground to release oil and gas - until its impact on the environment is fully known. Economic forecasters Deloitte last year estimated the region’s untapped shale and tight gas resources to be worth $22.4 billion to the local economy over the next two decades, but opinion about controversies over fracking has sparked intense debate in the territory.

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