Bank of Mum and Dad report 2020: Meet Australia’s fifth biggest home loan lender
UPDATE: Mozo's 2021 Bank of Mum and Dad Report is now out with all the latest figures on family lending and property considerations.
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UBank passes on full cut following March RBA decision
After the RBA moved to reduce official interest rates by 0.25%, UBank announced it will be cutting variable rates in kind, making this the fourth time the online bank has passed on the full rate cut to its customers.
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loans.com.au announces 0.25% home loan rate reduction following March RBA cut
Online lender loans.com.au has announced that it will be taking the axe to variable rate home loans following the Reserve Bank’s decision to reduce the official cash rate from 0.75% to 0.50% at its March meeting yesterday afternoon.
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Homestar shows no sign of slowing down, passes on full 0.25% cut
The RBA has just lowered official interest rates by 0.25%, and online lender Homestar has wasted no time in announcing it will be passing on the full cut. The changes will come into effect April 1 for existing customers, and will be effective immediately for new customers.
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Lightning fast: Athena Home Loans quick to pass on full 0.25% RBA cut
Fintech Athena Home Loans has maintained its record as one of the few lenders in Australia to pass on the full 25 basis point RBA cut to its home loan customers for a fourth consecutive time following this afternoon’s Reserve Bank announcement.
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Westpac and CommBank first two big banks to pass on full RBA rate cut
Big bank Wesptac has become the first of the big four banks to announce it will be passing on the full 0.25% RBA rate cut on its variable rate owner occupier and investor home loans, effective from March 17 2020.
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Heritage Bank opens new home buying avenue to ‘rentvestors’
Ask any first home buyer, and chances are they’ll tell you saving for a 20% deposit is hard work. So much so that for a growing number of young Aussies, ‘rentvesting’ has become the next best thing helping them break into a property market that keeps getting tougher.
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How have ANZ, CommBank, NAB and Westpac responded to the March RBA rate cut?
The RBA decided to reduce official interest rates today, and mortgage holders the country over are waiting for word on how their banks and lenders will respond. Thankfully, it looks like they won’t have to wait for too long.
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Property prices jump, mortgage rates drop: what it means for Aussie borrowers
Australia’s property market appears to be bouncing back as median property values have gone up across most capital cities. Plus, home loan lenders have continued to slash rates - so what does this mean for Aussie borrowers?
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ME cuts both variable and fixed home loan rates
Thought there wouldn’t be any more rate cuts this February? Think again.
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