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CommBank reduced interest rates for borrowers on its Extra Home Loan and CommBank Wealth Package recently, positioning these loans more favourably against the averages in the Mozo database.
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Australians are obsessed with houses, despite units being up to 32% cheaper and offering potential interest savings of up to $274,405 on their home loans.
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The number of people looking for a helping hand when buying a property has increased in 2024, despite more buyers going solo.
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For the second year in a row, ING was crowned Australia’s Best Bank in the Mozo Experts Choice Australia’s Best Banking Awards.
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As the winter cool subsides, the property market comes into sharper focus, and much of the interest comes from more selling! The reason for this is typically an uptick in property listings.
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New Mozo research reveals a 35% rise in the number of Australians spending half of their income on their home loans since 2023.
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Commonwealth Bank has cut interest rates across its fixed and variable rate home loans for new customers by up to 0.70% p.a.
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Westpac has cut select fixed rate home loans by 0.80% p.a., making it the second Big Four bank to pull back on its fixed interest rates in the past month.
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The Mozo database recorded some significant cuts to one of Macquarie’s fixed rate home loan offerings.
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Total property supply is at its highest level across the combined Australian capitals for the month of July, according to the latest data from Domain.
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