It’s been over two months since the Reserve Bank’s first interest rate cut in March, but the fallout is still being recorded with home loan rates continuing their downward trajectory throughout April.
After a six week ban, the NSW property industry will be given the green light to resume property inspections and on-site auctions this weekend.
Starting today, the Commonwealth Bank (CBA) will automatically switch 748,000 home loan customers onto the minimum repayments required to service their loans.
Commonwealth Bank announced it hit a major milestone yesterday after 1,000 of its customers purchased a property using the First Home Loan Deposit Scheme (FHLDS), which launched at the beginning of this year.
A month on from the Reserve Bank of Australia’s (RBA) March Emergency rate cut and the dust has well and truly settled, revealing a substantial shift in the fixed rate home loans market.
If you’ve suddenly found yourself struggling to make your mortgage repayments due to the current crisis, there are a few things you can do to ease some of that stress.
The Australian Competition and Consumer Commission (ACCC) has this afternoon released an interim report into home loan pricing by Australia’s big four banks.
Despite the opportunity for more long term savings, research from Mozo has revealed that Aussies are three times more likely to haggle for a lower price on white goods than they are on ongoing household expenses, such as home loans and energy deals.
Whether you feel particularly jolly at this time of year or not, one thing is clear, as a whole, Aussies are a pretty festive bunch. In fact, we’re so festive that according to a recent survey conducted by ME Bank, a significant 64% of Aussies are rushing to renovate their homes before Christmas.
Aussie first home buyers, listen up! NAB has just snatched a spot at the table as one of two big banks to offer home loans under the federal government’s First Home Loan Deposit Scheme.