Macquarie Bank broke headlines this week for becoming one of the first Australian banks to pounce on the 0.50% p.a. August RBA rate hike – beating out any of the Big Four.
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Variable interest rates have surged thanks to months of aggressive decisions from the Reserve Bank of Australia (RBA). But in a surprising twist, CommBank, Suncorp, and Macquarie have all announced cuts to their fixed interest offers this week, some by up to 1.60%.
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With inflation still rip-roaring through the economy, mortgage holders paying variable interest will be nervously watching the Reserve Bank of Australia (RBA) for future rate hikes.
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The Reserve Bank of Australia (RBA) increased the official cash rate for the third time last month and economists predict there’ll be another 0.50% increase in August.
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So you’re thinking of moving to Hawkins, Indiana. Welcome to Hell – er, we mean the most exciting town in all of Middle America! With local charm, a wide variety of nostalgic properties to choose from, and definitely no demogorgons, there’s something for everyone and every budget in this perfect midwestern slice.
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Digital home loans are all the rage. After the success of CommBank’s new digital home loan, Unloan, another Big Four bank has waded into the space.
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Neobank UP has joined the mortgage market and now offers variable and fixed home loans for refinancers.
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Ubank, an Australian direct bank owned by National Australia Bank (NAB), today unveiled a new look following their absorption of neobank 86 400.
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Wherever you look you’ll find that the median house price in most Australian capital cities has moved closer to one million dollars.
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Many Australians are focussing on reducing household costs right now, and saving on interest repayments by switching to a better value home loan or personal loan is a great place to start.
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