Meet the local banks attracting customers from a distance
One of the greatest benefits of the digital banking revolution for Australian consumers and small banking providers alike is that the boundaries that once existed are no longer.
Home loan watch: when will interest rates come down again? Industry forecasts explained
The Reserve Bank of Australia (RBA) maintains that its number one enemy is inflation. If inflation stays high, so will home loan interest rates. For households experiencing mortgage stress, a cut to the cash rate may see their variable rates reduced – potentially providing some financial relief.
Westpac Flexi First Option vs Greater Bank Great Rate Home Loan
When it comes time to compare home loans, many of us will first turn to household names such as CommBank or Westpac. But, you shouldn’t be afraid to look beyond the Big Four when it comes to your mortgage – some big savings can be had if you do.
Macquarie Bank follows Westpac Group in lifting fixed rate home loans
In a sign that major banks are rethinking the chances of another rate cut, Macquarie Bank has increased its fixed rate home loans by as much as 0.20% p.a.
I track home loans for a living – here are the top 6 features I want from my first mortgage
As someone who tracks home loans for a living, I know the sheer amount of options can feel overwhelming, especially if you’re a first home buyer.
Ubank vs Unloan: these Big Four offshoots face-off
If you’re looking for a home loan that offers a low rate while still having the familiarity of a Big Four bank, Ubank and Unloan are two options to consider. These two online-only providers have similar big bank heritage, with Ubank falling under NAB’s umbrella, while Unloan is owned by the Commonwealth Bank.
Unloan vs CommBank Digi Home Loan: these online-only home loans go head-to-head
The Commonwealth Bank dominates the mortgage market in Australia, and if you’re considering the major provider for your home loan, it’s worth looking at its online-only Digi Home Loan as it’s where you’ll find CommBank’s lowest variable interest rates.
The ‘phantom’ home loan rate: why your mortgage is being assessed at an extra 3%
Home loan interest rates have been on a slow and steady decline since the beginning of the year, and the average variable in our database is sitting just below 6% p.a. – but is this the rate banks are actually assessing you on when you apply for a mortgage?
Unloan beats RBA to the punch and drops rates ahead of RBA announcement
Unloan is getting ahead of the Reserve Bank’s interest rate decision next week by cutting its rates early – though the cut is a relatively small one.
Low rates and great perks: 5 home loans with this power combo
Finding a low rate should be a priority when choosing a home loan, and the good news is that interest rates have been on a downward trend this year.