Being taken for a ride? Productivity Commission report accuses the big banks of exploiting loyal customers
If you feel like your bank could be treating you better, you’re probably right.
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CommBank’s new 3.79% introductory offer for first home buyers: but proceed with caution
The Commonwealth Bank has launched a new introductory variable rate home loan offer of 3.79% (comparison rate 4.18%*) available to first home buyers for the first four years of their loan. But Mozo Data Manager Peter Marshall has cautioned that first home buyers may find themselves with a higher rate sooner than they think.
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What does the RBA have in store for February - and the rest of 2018?
The Reserve Bank board is set to have its first meeting of 2018 next week and although there have been predictions of a rate rise this year, Mozo’s Peter Marshall has said a change in February is unlikely.
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A quarter off your first home: HomesVic to provide first home buyer relief
Victorian first home buyers, your home loan may have just gotten appreciably smaller thanks to a shared equity scheme known as HomesVic.
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Best home loans for January 2018: Mozo Editor’s picks
With the beginning of a new year comes the promise of a fresh start, especially for your finances. For most Australians their biggest current or future financial commitment will be a home loan, but how do you know that your mortgage is providing you with the best value?
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SCU launch new long term home loan to attract first time buyers
Despite the fact that property prices have cooled slightly in the final months of 2017, taking out a home loan remains a financially daunting prospect for many Australians - particularly first home buyers.
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Top 5 resolutions for property success in 2018
Each new year brings with it new goals and aspirations, but when it actually comes to thinking about resolutions for 2018 where should you begin?
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Australia's best value lenders of the year revealed
Finding the right lender to suit your money needs hasn’t always been easy - in fact, some borrowers would probably rather close their eyes and pick at random!
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Bank of Mum and Dad charges fees in embarrassment, awkwardness and unwanted advice, St.George research shows
In 2017, Mozo revealed that the Bank of Mum and Dad is the fifth biggest lender in Australia, shelling out a massive $65.3 billion to help young adults enter the property market, without charging fees, or for the most part, interest. But it turns out homebuyers who head back to the family home might pay for it in other ways - namely, by getting stuck in awkward situations.
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Westpac to refund $11 million in home loans after a 23-year system glitch
Following the discovery of a 23-year glitch, Westpac will be refunding up to $11 million in home loans to around 9,400 interest-only loan customers.
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