
Which big banks have been right about RBA rate hikes?
Which Big Four Banks – CommBank, Westpac, NAB, or ANZ – have correctly called cash rate movements over the past year? And what could this tell us about rising interest rates in 2023?
Which Big Four Banks – CommBank, Westpac, NAB, or ANZ – have correctly called cash rate movements over the past year? And what could this tell us about rising interest rates in 2023?
Women continue to trail behind men in home ownership by 3%, according to Corelogic’s annual Women and Property Report for 2023.
Last year, Commonwealth Bank introduced a green home loan offer, which rewards new and existing customers for reducing their dwellings’ environmental footprint.
Whether you’re paying a higher interest rate than you’d like or your current home loan doesn’t offer the features you need, it would be a mistake to stick with it. Unfortunately, many Australians are unaware of their options and wind up doing just that. If you feel your home loan isn’t up to scratch, here are a few things you can do.
The era of rate hikes is far from over. Unusually for the Reserve Bank of Australia, last month’s cash rate announcement and meeting minutes flagged the board’s intentions to announce more rises in the coming months, all to curb runaway inflation that has yet to slow down.
The threat of ‘mortgage prison’ has been bearing down on Aussies in the wake of continued interest rate hikes and tightening economic conditions. However, many borrowers still have a chance to avoid this trap.
As interest rate hikes continue to pressure household budgets, more borrowers are beginning to feel the pinch with most doubtful that the pressure is going to let up anytime soon.
Australian property sale settlements have almost doubled over the last 4 years according to new information from data research firm, PEXA.
Pressure is building on more Australians after yet another hike in the cash rate was announced by the RBA. To make matters worse, according to a report by fintech Otivo , more than 100,000 Australians are set to fall victim to mortgage stress with the wealthiest suburbs set to be hit with the brunt of it.
Digital lender ubank, a subsidiary of NAB, is now offering new home loan customers and refinancers up to $5,000 when they sign up — among the most generous cashback offers from lenders we track.