Greater Bank cuts again! Offering low 2.79% on 1 year fixed home loans
Forget 2.99%, say hello to Greater Bank’s new and improved 1 year fixed home loan rates that’ve been slashed following the RBA decision earlier in the month.
First home buyers in luck as APRA loosens mortgage restrictions
If you’re looking to secure a home loan for your first property, you’re in luck.
The 0.5% club: These 6 home loan lenders passed on the full RBA cut twice
It’s been nine days since the RBA decided to drop the official cash rate to a record low 1.00% and since then a large number of home loan providers have signalled their intention to reduce rates on their respective variable mortgage offers.
UBank, Bendigo Bank among latest lenders to announce cuts
UBank customers who logged onto the UBank app over the weekend were greeted by some pleasant news: the online bank has opted to pass on the RBA’s cut in full to its variable home loan customers.
How to crush your mortgage this financial year
With a new financial year upon us and interest rates sitting at new record lows, now is the perfect time to resolve to crush your home loan. Borrowers around Australia are celebrating back to back RBA cuts, but did you know that you can use the record low rates environment to your advantage to pay down your mortgage even faster?
Aussie borrowers celebrate as rates plunge lower
Aussie borrowers are revelling in a rates bonanza, as home loan interest rates continue to plunge to unheard of new levels. Lenders are now offering jaw dropping deals in the 2 per cent and low 3 per cent range, enabling borrowers to pay down their debt faster than ever before and build up record buffers.
Which banks have cut home loan interest rates so far?
On Tuesday, the Reserve Bank decided to decrease the cash rate once more, bringing it down to a record low 1.00%. Since then, attention has turned to banks and lenders to see how much of the cut will flow through to home loan customers.
ING and ME Bank latest home loan lenders to make cuts
This afternoon, we learned that ING will be reducing rates for its variable home loan products by 0.20%. And while that’s five basis points shy of the full 0.25% cut, it still sees several ING home loans among the more competitive in the market.
Big banks quick to drop home loan rates, but 3 fail to pass on full RBA cut
All four major Australian banks - ANZ, Commonwealth Bank, NAB and Westpac - have made cuts to their respective variable rate home loans following the Reserve Bank Board’s interest rate decision yesterday afternoon.
Naughty or nice: Has your lender passed on the RBA rate cut?
ANZ, Athena, Homestar and State Custodians are leading the RBA rate cut nice list this month, being first out of the blocks to announce they are passing through the Reserve Bank's July rate cut in full.