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ANZ: First big bank to drop home loan rates following today’s RBA cash rate cut
ANZ dropped its variable home loan rates by 0.25% p.a. following today’s RBA cash rate cut, making it the first big bank to pass on the full cut. Considering the backlash ANZ copped from the RBA after not passing on last month’s cash rate cut to customers, it was really only a matter of time before it did.
Home loan rates go bok bok berserk
Home loan rates are hitting jaw dropping new lows as Australia's challenger lenders waste no time in passing through the Reserve Bank's second rate cut in as many months.
UBank slashes variable rate to 3.34% for new and existing customers
If you’ve been holding out for the right variable rate home loan, then today is your lucky day. Coming into effect today, UBank has cut variable rates on its UHomeLoan by 0.25%, making it one of the lowest variable rates in the Mozo database.
More lenders slash their fixed home loan rates following RBA cut
Since the RBA rate cut two weeks ago, lenders have been slashing their fixed home loan rates like it’s going out of fashion.
UBank joins 2.99% home loan party
Just when we thought home loan rates couldn't get any more competitive, popular online lender UBank has slashed its fixed rate UHomeLoan by up to 0.60% and debuted a jaw dropping new sub 3.00% rate.
UBank cuts fixed home loan rates, offering rock bottom 2.99%
The rate cut frenzy continues, with UBank the latest lender to jump on board the trend, slashing it’s fixed rate UHomeLoan by up to 0.60% today and debuting a jaw dropping new rate.
Reduce Home Loans reveals new 3.09% home loan rate with a catch
Reduce Home Loans has launched a new Reduce Home Loans Low Rider that features a rock bottom variable rate of 3.09% (3.12% comparison rate*) - the lowest variable rate in the Mozo database (at the time of writing).
One week on: The latest lenders to pass on the RBA rate cut
Last Tuesday, the RBA reduced official interest rates, setting off a wave of cuts across the variable home loan market.
ING, BOQ and Virgin Money join the rate cut party
The RBA cut official interest rates on Tuesday, prompting several banks to take the axe to their range of variable home loan interest rates.