Mortgage stress puts financial strain on Aussie households: ME Bank
If you’ve been pulling the rein on spending or even dipping into your savings account to pay down your mortgage and electricity bills, you’re not alone.
Do you know your home loan rate? According to UBank, 36% of Aussies have no idea
In a world where it’s hard enough to remember your partner or best mate’s mobile number, should Australians be expected to know that their home loan interest rate is?
Lenders roll out red carpet with sizzling hot rates
In a rates dream for Aussie borrowers, the home loan party is showing no signs of stopping as lenders launch new sizzling hot deals to take advantage of the rate cut momentum created by the Reserve Bank and tempt more borrowers to switch and save.
ME cuts fixed rates by up to 0.40% to lowest in its history
ME Bank has made a number of changes to its range of fixed rate home loans, most notably slashing 3-year fixed rates by a massive 0.40%.
Investor home loan rates sliding, but gap to owner occupiers persists
With the dust well and truly settled in the wake of back-to-back RBA cuts, it’s now clear that Australians with owner-occupier home loans aren’t the only beneficiaries.
First home buyer optimism at a peak: ‘perfect time’ to join the market
With the market ‘bottomed out’ and interest rates at a record-low, first home buyers have gotten the green light to take out a home loan and snatch up their dream property.
ME Bank: Aussie property prices expected to rise again
It’s true, the property market isn’t in the best shape. But expectations for house prices have shifted, so now may be the time for buyers to take out a home loan and lock down a property purchase.
Westpac home loan package shrinks to 3.69%, now lowest rate among big four
Major bank Westpac has today slashed interest rates on one of its popular packaged home loan deals, applying a larger 1.29% discount across all new Premier Advantage Package home loans.
Home loan debt is biggest contributor to Aussie spending cuts, RBA research finds
Record-high mortgage debts are stopping Aussies from spending their money, new research has revealed. A Reserve Bank analysis has found home loans are the biggest culprit behind why we’re pulling back on our expenditure, despite the government’s efforts this month to kickstart our slowing economy with a $158 billion tax cut package.
Fixed rate upheaval: UBank slashes 1, 3 and 5 year home loans
Online lender UBank has made a host of changes, effective today, to its suite of fixed home loan offerings, cutting rates by up to 0.25% for owner occupiers and a whopping 0.50% for investors.