If saving money on your home loan in 2021 is what you’re after, then you've come to the right place. Discovering a great value home loan could mean the difference between tens of thousands of dollars saved in interest over the course of your loan, but in practice it can be hard to find the best option amongst the dozens of different lenders and rates on the market.
Due to the growing environmental concerns, lenders have been launching green loans to help customers make their homes more energy-efficient and eco-friendly.
Online mortgage lender ING has launched a new cashback scheme for borrowers looking to refinance their home loans.
In the year to August, CoreLogic estimates there have been 598,000 house and unit sales across Australia.
Australian homeowners want to see change to the two-tier system in which many lenders prioritise new mortgage customers over old by way of lower interest rates.
Aussie borrowers looking for lower rates, faster approval processes and flexible lending terms are deserting the big banks in earnest for more competitive lenders. But with so many different options available, which rival lenders really stand out from the pack?
Western Australian-based P&N Bank has joined a growing list of Australian lenders offering extra incentives to home loan customers with the launch of a new cashback offer.
Australia’s average variable home loan rate has hit a jaw-dropping new low of 3.14% this month despite the Reserve Bank keeping rates on hold, as the battle for borrowers intensifies amongst the nation’s top rival lenders.
The Bank of Queensland (BOQ) has joined a small but growing group of mortgage lenders offering a variable home loan featuring a headline rate starting with a ‘1’.
In case you missed the news, lending rates have gone off a cliff in the past two years in the wake of six Reserve Bank interest rate cuts, including one last November. And now that the dust has settled, Aussie borrowers have a real opportunity in 2021 to take advantage of some of the lowest rates on record.Borrowers looking for the sharpest rates will need to look beyond the big banks though. Rival lenders have taken the spotlight: not only dishing up super low variable and fixed rates, but also new features and extra incentives.It’s little wonder that rival lenders are seeing a spike in customers switching their home loans and other borrowings from the major banks, with some genuinely big savings now available for those who are prepared to shop around.So, if you're sick of paying more than you need to on your home loan, personal loan or business loan, you’ll want to get acquainted with these killer lenders taking on the big banks in 2021.