Defending a title is never easy, but online home loans provider Tic:Toc has done just that by winning the major 2020 Mozo Experts Choice Award title of Online Home Lender of the Year for a second year running.
If there’s one home loan lender that more and more Aussies are hearing about, it’s Athena - and it's not because of their unconventional advertising.
When it comes to buying a house, finding the right home loan with a competitive interest rate and all the best features for you is just as important as picking a property.
A few short months after its introduction to eco-conscious Aussies and Bank Australia’s Clean Energy Home Loan has been awarded the inaugural 2020 Mozo Experts Choice Award for best Green Home Loan.
Last Updated: 2:56pm, March 27
In a surprise move, Commonwealth Bank has announced a huge 0.70% cut across its 1, 2 and 3 year fixed home loans, just minutes after the RBA’s decision to bring down the official cash rate to an historic low of 0.25%.
Mozo money experts have urged Aussies to consider fixing their home loan rate, following the Reserve Bank of Australia’s emergency cash rate cut.
Mozo has found in the wake of the Royal Commission, tighter lending standards, four cuts to the official cash rate in under a year and the emerging threat of the coronavirus, the big banks are still locking up the residential mortgage market. Although they are a long way from offering the best rates around, the domestic major banks are benefiting from blind loyalty that is costing their customers up to $99,945 on an average home loan.
The development of COVID-19 (aka Coronavirus) as a global pandemic has brought with it a wave of social panic, employment disruption and financial market volatility. While some people are going overboard on toilet paper purchases, others are preparing for the possibility of self-isolation, and the myriad financial complications that could accompany this and other impacts of the constantly shifting economic and political landscape.
Macquarie Bank has jumped on board the rate cut train and dropped variable and fixed mortgage rates by a full 25 basis points.