A host of lenders have cut the headline home loan rates of fixed and variable loans for owner occupiers ahead of what is expected to be a busy spring property season, according to Mozo’s Banking Roundup for August.
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If you’re thinking about picking up an interest-only home loan with the bank or applying with a less than 20% deposit, you may have to jump through a couple of hoops first.
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Fierce lender competition for prime home loan customers is delivering a rate cut bonanza for owner-occupier borrowers this spring.
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Satisfaction levels among Commonwealth Bank, Westpac, ANZ and NAB home loan customers has fallen to 76.1%, according to the Roy Morgan’s banking consumer satisfaction survey for July.
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Auction clearance rates took a dive in Sydney last weekend after remaining unseasonably high throughout the majority of winter.
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Professional opinions are divided over the future of Melbourne’s highly sought-after apartment market after a number of economists offered up their growth predictions for the next 12 months.
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Saving for a deposit is one of the biggest obstacles first home buyers face when it comes to property ownership, Westpac’s Head of Consumer Banking, George Frazis, has said.
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After posting a massive full year profit of $9.93 billion, the Commonwealth Bank has today significantly cut rates on it’s fixed home loan package, bringing it in line with other major lenders.
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For many of us, the Great Australian Dream of owning your home is the reason we get up in the morning, or so we thought.
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Buying an apartment in certain high-density suburbs in the nation's capital cities could now prove potentially more difficult following reporting from the AFR that a number of postcodes have been placed on a ‘blacklist’ by Citibank.
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