Why locking in a fixed rate home loan now could be a smart money move
The RBA recently made its first cut in four years and many banks followed suit. But while a lower cash rate is good news for borrowers and homeowners, the RBA board was quick to point out there’s no certainty we’ll see another drop anytime soon. So if you’re looking to lock in a great home loan deal, now might be the time to consider a fixed rate as many challenger banks have highly competitive short-term deals available.
Macquarie undercuts the Big Four banks with its latest 0.20% cut to fixed rate home loans
Macquarie has cut another 20 basis points off its fixed rate home loans, vastly undercutting what’s on offer at the Big Four banks.
Home loan shake-up: Westpac Group slashes rates by at least 1 per cent across major brands
The Westpac Group – comprising St.George, Bank of Melbourne, BankSA and Westpac – has lowered advertised rates on package variable home loans for new customers.
First home buyer showdown: Labor vs Coalition election housing promises explained
Housing affordability is front and centre this federal election, with both major parties pitching policies to help first home buyers break into the market. But while the goal is shared, Labor and the Coalition are taking very different routes to get there.
Could a lower mortgage serviceability buffer help Aussie homebuyers and refinancers?
The federal opposition has revealed that, if elected, it will work with Australia’s prudential regulator to relax the mortgage serviceability buffer, in an attempt to provide first homebuyers easier access to loans. This move might also give current mortgage holders greater capacity to negotiate new loan terms and refinance.
Top home loans round-up: April 2025
Home loan repayments are likely your biggest regular expense, so every cent that you can save on your home loan is more money for you. If you are looking to purchase property this year, or refinance an existing home loan, you’ll want to be in the know where you can get low home loan rates and secure a great value deal.
5 key questions to help you understand the 2025 Australian budget
The 2025/26 Australian Federal Budget is set to be unveiled this week, and it's helpful to understand the important details to see how it might affect the economy and your finances.
How Macquarie’s latest fixed-rate cuts stack up
For borrowers looking to lock-in a low home loan rate, Macquarie Bank is shaking things up by dropping its fixed-term rates. This comes just weeks after the Reserve Bank lowered the official cash rate to 4.10% p.a. and just ahead of the next RBA rate decision.
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Macquarie makes a splash with new cuts to fixed home loans
Following the RBA rate cut in February, borrowers and mortgage holders have been eagerly watching the market and considering their options.