
Aussie refinance savings average $2,600 a year
If you’re one of the many Australians trying to tighten expenses right now, you’re probably already cutting down on unnecessary costs and looking for easy ways to save.

If you’re one of the many Australians trying to tighten expenses right now, you’re probably already cutting down on unnecessary costs and looking for easy ways to save.

The New South Wales State Government has announced a $440 million rental relief stimulus package for landlords and tenants, splitting support evenly between residential and commercial leases.

In March we saw the Reserve Bank take the extraordinary step of cutting the official cash rate twice, bringing it a record low 0.25%.

UBank has kept hold of its crown as one of the most competitive home loan lenders in Australia after debuting a gob-smackingly low new variable rate home loan.

One of Australia’s largest insurance groups, QBE, has placed a temporary halt on offering Lenders Mortgage Insurance (LMI) to specific groups of new mortgage borrowers.

UBank has kept hold of its crown as one of the most competitive home loan lenders in Australia, beating out 85 lenders to win the title of Best Bank Lender of the Year in the Mozo Experts Choice Home Loan Awards 2020.

The Federal Government has extended the loan approval period for first home buyers under the First Home Loan Deposit Scheme as coronavirus shutdowns bring new challenges to finding a property.

For the first time ever, fixed home loan rates now start with a 1! That’s right, the Bank Australia Clean Energy Home Loan now sits at a rock bottom 1.79% p.a. (3.10% p.a. comparison rate*) for a three year fixed rate home loan. This comes not long after the Reserve Bank’s emergency cash rate cut in mid-March.

As the coronavirus outbreak leaves many Australian households in a tight financial spot, Commonwealth Bank has stepped in to provide another round of support to its home loan and credit card customers.

Last week, popular online bank, ING, slashed its Fixed Rate (Orange Advantage) home loan 2 year rate to an impressive 2.09% (3.77% comparison rate*).