Watching: Mark bouris from wizard on the impact of high interest rates

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Mark Bouris of Wizard Home Loans Asks for Feedback on Rates
Posted by: WizardMarkBouris

Video duration: 286 seconds

Mark Bouris of Wizard Home Loans talks about the impact of interest rates rises on home owners and asks for feedback from Australians. Email responses to feedback@wizard.com. au or blog below.

Related: analysis, bank, bouris, commentary, commercial, feedback, grassroots, home, increase, interest, loans, mark, mortgages, news, outreach, political, rate, rates, reserve

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Latest comments made on this video:

You don't have to ...
By: Pugster101. on 25 Jul 08, 08:56:56
You don't have to just worry about what the RBA does these days. You've also gotta worry what the big banks do independent of the RBA. As soon as the big banks rise independently, so do the non-bank lenders.

Tried to send you ...
By: msusms2006. on 03 Jul 08, 15:22:52
Tried to send you my Video on Life lessons, have you heard of the Eliminator Loan, it is the loan which is paid off in 10 to 12 years saving Americans hundreds of thousands of dollars in interest. Check me out on Life lessons....and Loan Modifications!

Mark, i could not ...
By: RVPinternationalfmly. on 29 Mar 08, 13:47:27
Mark, i could not believe that in the current situation people are in - with banks foreclosing on peoples homes only 2100 people watched your video."Wake up Australia this man is trying to help!"- not many in the corporate world give a damn- you need more publicity about the fact that you are on here trying to help and collate statistics. Its now April- whats happened since Feb? I have sent you an email message too. I would love to bring awarness to your cause. Regards Karol J

p3 I have this ...
By: RVPinternationalfmly. on 29 Mar 08, 13:37:16
p3 I have this video and I will add it to my collection in the next few days, that shows statistics/of it is not just interest rate rises that is the problem- the rich love them as this creates more wealth.... its the struggling mums and dads out their that are still living on a average minimum wage - not much higher than what it was 40 years ago that feel it. I want to help change this. Something needs to be done. Regards Karol J

part 2 Now because ...
By: RVPinternationalfmly. on 29 Mar 08, 13:36:26
part 2 Now because we can't keep up with inflation - people have been getting into credit card debt, personal loans, car loans , eating into their home equity just to survive and try and beat inflation. Instead of being able to use their equity to invest and create and build wealth.

Mark so true...... ...
By: RVPinternationalfmly. on 29 Mar 08, 13:32:58
Mark so true...... in my other business we have study on the economy. The last 40 years the average wage has not kept pace with inflation- the reason 40 years ago people were able to pay their mortgage, save , buy a car in cash-

you look so ...
By: onechifley. on 01 Mar 08, 12:09:35
you look so charming.....

Borrowing money is ...
By: pmurgy. on 04 Feb 08, 13:29:50
Borrowing money is not rocket science. You should only borrow what you can afford to repay. If all you can afford is the minimum repayment, then you can't afford to borrow. If you can afford more, then pay more. My loan started at 5.97% in 2003 and has risen to 8.17%. Not much over 5 years, but I have been paying it off as though the rate were a fixed rate of 12%. I borrowed only what I could comfortable afford, so the rate rises mean nothing to me.

1) I don't ...
By: Coolblue702. on 25 Jan 08, 02:04:41
1) I don't understand RBA's methods for decision making. 2) Our income has not kept pace. We have very young children, on one salary and my husband is retraining as an adult apprentice due to injury. 3)We have a small 30yo house in a cheap outer suburb. 4) If there's another interest rate rise, we will cope because of answer 3 above. 5) I don't think there's a lot of confidence in the Australian economy in 2008.

He gave an email ...
By: Coolblue702. on 25 Jan 08, 01:42:01
He gave an email address - play it again and take it down.

The major cause of ...
By: 2Lootheturtle. on 24 Jan 08, 10:29:45
The major cause of mortgage stress is people overloading with consumer debt.They refinance credit cards and personal loans into new home loans. The RBA needs to collect data on this-how much consumer debt is hidden in mortgages?

Economics doesn't ...
By: skeetagrim. on 23 Jan 08, 23:45:22
Economics doesn't care about feelings. RBT couldn't give a rats, the machine drives the deal not feelings. A class electrician,40k pa Adelaide CBD, no statistics required payslips to prove.250k repayments 1791 per month @ 8.09% $413pw in repayments and take home pay is $630.Confidence,in a world full of corruption and dishonesty?Banks and the oil industry have full control,right where they want us. Cope?

what a joke, 500 ...
By: skeetagrim. on 23 Jan 08, 23:39:01
what a joke, 500 characters, how did you want us to answer,

Interesting concept ...
By: cicinaza. on 23 Jan 08, 13:53:45
Interesting concept... I'd also be interested to hear what the finacial institution who have already raised interest rates intend to do if the RBA increase rates? Will they further increase thier already over inflated rates?

Mark like the rest ...
By: hotchicklisa69. on 23 Jan 08, 04:39:01
Mark like the rest of us have had to work hard for our money, just some have made better decisions than others. I find this to be a great pro-active approach and hope that Marks efforts getting our voice to the RBA, brings no rate rise on Feb 5. We dont all understand the methods, income has not gone up, struggle some weeks, not sure about 2008 economy.

I wish I had his ...
By: Robynnetony. on 23 Jan 08, 04:05:11
I wish I had his money.... I wouldn't have to worry about interest rates.

I think Mark Bouris ...
By: xryanox. on 23 Jan 08, 04:03:03
I think Mark Bouris is spot on - most of my friends are saying that they are going to have to cut back with the recent rate home loan rises, and now with the Share Market Meltdown, the reserve bank definitely should NOT Raise Rates. Tell Mr Glenn Stephens please....

$The making of Wizard\$

The making of Wizard's "We'll work harder for you" TV ad
Posted by: WizardMarkBouris

Video duration: 304 seconds

Watch behind the scenes footage of Wizard Home Loans' latest TV commercial. Featuring branch principals from all over Australia, and Wizard Chairman Mark Bouris.

Related: behind, bouris, finance, home, loans, making, mark, mortgage, of, scenes, the, wizard

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Mark Bouris from Wizard on the impact of high interest rates
Posted by: WizardMarkBouris

Video duration: 202 seconds

Mark Bouris of Wizard Home Loans talks about the impact of interest rates rises on home owners and asks for feedback from Australians. Email responses to feedback@wizard.com. au or blog below.

Related: bank, bouris, commentary, feedback, grassroots, home, increase, interest, loans, mark, mortgages, news, outreach, rate, rates, reserve

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$Wizard Home Loans - We\$

Wizard Home Loans - We'll work harder for you!
Posted by: WizardMarkBouris

Video duration: 31 seconds

View the latest TV commercial from Wizard Home Loans. Featuring branch principals from around Australia, and Chairman Mark Bouris.

Related: advertising, bouris, commercials, home, loans, mark, mortgage, wizard

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