Home loan news and advice

All the latest home loan news and top tips to help you manage your home loan.

Cba joins digital home loan craze

The ground-breaking CommBank backed digital home loan to put on your radar

Designed to ‘undo’ your mortgage, the Unloan home loan built by CommBank has got a stellar variable rate of 5.99% p.a.  (5.90% p.a. comparison rate*) and a loyalty incentive that gives borrowers an extra 0.01% p.a. discount, every single year, for a maximum of 30 years. It also does away with pesky fees, charging zero application fees, account fees, change fees or exit fees.

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The 80000 not comparing your home loan could be costing you

The $80,000 not comparing your home loan might be costing you!

Aussie borrowers looking to save big on their home loans may find that switching to a leading digital lender could be a financial game-changer. According to Mozo’s latest analysis, mortgage holders sticking with the big four banks- could be paying up to $83,619^ more over the life of their loan compared to those who switch to a digital lender*. That’s right, close to $80,000 just for being loyal.

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Meet the big bank digital offspring redefining home loans

Meet the big bank digital offspring redefining home loans

With a staggering 98.9 percent of all bank transactions now being undertaken digitally in Australia according to the Australian Banking Association, it’s no surprise that banks are shifting their focus towards the next generation of borrowers and homeowners and developing new brands and products that best suit their digital native users.

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What is the average mortgage in australia

What is the average mortgage size in Australia?

For most Australians, taking out a home loan will be the biggest financial decision they can expect to make. As property prices rise over time, homebuyers must borrow more and more to enter the housing market and save up more and more for that critical first home loan deposit.

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Can foreigners buy property in australia yes here s how

Can foreigners buy property in Australia? Yes, here’s how

Foreign buyers – those that are non-permanent residents and non-citizens – can purchase residential property in Australia, but will need approval from the Foreign Investment Review Board (FIRB) to ensure their investment works in favour of the national interest.

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