
UP Bank now offers variable and fixed home loans
Neobank UP has joined the mortgage market and now offers variable and fixed home loans for refinancers.
Neobank UP has joined the mortgage market and now offers variable and fixed home loans for refinancers.
Ubank, an Australian direct bank owned by National Australia Bank (NAB), today unveiled a new look following their absorption of neobank 86 400.
Wherever you look you’ll find that the median house price in most Australian capital cities has moved closer to one million dollars.
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.
To ease the inflation currently bearing down on the economy, the Reserve Bank of Australia (RBA) has finally begun tightening monetary policy, lifting the official cash rate by increments of 25-50 basis points over the last three months.
Mortgage repayments are the biggest household expense for many Australians, and also a prime target for big potential savings, especially now that interest rates are on rise.
Alongside another unseasonable spate of rainfall, the flash-hot Australian housing sector has experienced a week of cooling off.
With Australian homes producing 13% of the country’s greenhouse gas emissions, it’s no surprise that Aussies are keen to find greener options for their property and finances.
The Reserve Bank of Australia (RBA) has responded swiftly to soaring economic inflation, hiking the official cash rate 0.75% in the last two months alone. The movements brought interest rates back up to pre-pandemic levels and spelled much anxiety for home loan borrowers, many of whom were already feeling the squeeze from the rising cost of living.
The pandemic’s influence on the property market is being felt in more ways than one, shows a new report from Domain on the NSW housing market.