ING slashes variable rates, bumps up fixed options
ING has made a number of changes to its home loan suite today, cutting variable rates by as many as 25 basis points while also hiking fixed rates across 2, 3, 4, and 5-year terms.
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HSBC cuts variable home loan rate to new low
Anyone looking to refinance or move up the property ladder has a smorgasbord of options available to them nowadays, but one major bank lender is going out of its way to stand out from the pack. HSBC has cut the variable rate on its popular Home Value Loan to an ultra-low 1.97% (1.98% comparison rate*) for borrowers with 30% deposit or equity.
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ANZ joins fellow major banks in cutting variable home loan rates
ANZ has become the latest big four bank to reduce a variable mortgage rate in recent weeks, announcing a 23 basis point cut to one of its basic home loans this morning.
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As new mortgage rules kick in, will home prices drop?
The Australian Prudential Regulation Authority (APRA) has announced that future property buyers will have to prove that they can repay their mortgage if rates rise by 3%.
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Low rate home loans round-up: November 2021
Interest in low-rate home loans is surging as the post-pandemic property market heats up, lenders cut rates to jaw-dropping new lows and savvy borrowers looking to save money on their home loan refinance in record numbers.
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Capital gains tax under review: NSW tackles housing affordability
The New South Wales government wants to help make housing more affordable for first time homebuyers by reviewing its capital gains tax discount.
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How inflation could impact your home loan
The September quarter figures for the Consumer Price Index (CPI) have been announced this week, with more increases to common household costs.
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Gateway Bank cuts regular and green home loan rates
Gateway Bank announced new rate cuts to some of their variable interest rate home loans.
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Westpac hikes rates on fixed home loans
Westpac has become the latest lender to lift interest rates on a number of its fixed home loans after announcing a 10 basis point increase yesterday.
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CBA and ING join mortgage rate cut rush
Two of Australia’s largest lenders, Commonwealth Bank and ING, have joined the growing list of lenders which have recently reduced variable home loan rates after announcing cuts last Friday.
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