Home loan news and advice

Tuesday 17 September 2019

Conventional wisdom used to hold that if you were paying anything more than 4.00% on your home loan, you were being... ahem... ripped off. With lenders dropping home loan rates to new record lows in the wake of the recent Reserve Bank rates cuts, the new benchmark rate for home borrowers to pay attention to has dramatically shifted.

Tuesday 17 September 2019

HSBC has today slashed the rate on its Home Value Loan by 10 basis points, bringing its new variable rate to a low 3.17% (3.19% comparison rate*) for borrowers who plan to make principal and interest repayments and are looking to borrow up to 90% of the property’s value. 

Tuesday 17 September 2019

Feel like you’re paying too much on car insurance premiums? Also consider yourself a safe driver? Well, say hello to UbiCar Insurance. 

Monday 16 September 2019

According to recent figures released by the Australian Prudential Regulation Authority (APRA), there was a 12.6% decline in the number of new home loans approved in the 12 months ending 30 June, 2019. 

Thursday 12 September 2019

As distrust of the nation's big banks and mortgage brokers swells amongst the wreckage of the banking royal commission, online lenders are emerging as real challengers in the home loan, business loan and personal lending markets.

Thursday 12 September 2019

It’s been over two months since the Reserve Bank lowered the official cash rate to 1.00%, but the crazy home loan rate cuts just keep on coming.

Tuesday 10 September 2019

How long would you expect your mortgage to last? 25 years? Maybe 30? Well word on the street is that big bank, Westpac, is planning to start offering a 35-year home loan to borrowers under 35 years old. 

Monday 09 September 2019

Aussies looking to save money on their home loan are racing to take advantage of the ongoing frenzy of home loan rate cuts, as lenders big and small continue to cut rates to crazy new lows.

Monday 09 September 2019

If you haven’t done anything about your home loan since the June and July RBA rate cuts, you could be missing out on some serious savings. 

Thursday 05 September 2019

Borrowers are flocking to comparison sites to hunt out bargain home loan deals in the wake of the Reserve Bank's recent rate cuts, putting the big banks under pressure to keep their mortgage customers.