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.
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.
Fierce lender competition for prime home loan customers is delivering a rate cut bonanza for owner-occupier borrowers this spring.
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.
Auction clearance rates took a dive in Sydney last weekend after remaining unseasonably high throughout the majority of winter.
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.
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.
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.
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.
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.