Westpac is now opening its doors to property investors with smaller deposits. In the latest move to loosen its credit policy, the big bank has increased its loan-to-value ratio (LVR) cap for interest-only investment loans from 80% to 90%.
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Forget fixed rate home loans with rates above 3%, the new competitive rate you should know about starts with the number 2.
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Just a few short weeks after the Reserve Bank of Australia cut the official cash rate by 0.25%, new research gathered by Mozo has revealed that a huge 70% of Aussies no longer trust the big four banks.
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Interest in low rate home loans is surging in the wake of the Reserve Bank’s cash rate cuts, as Aussie borrowers hit comparison sites in search of cheaper mortgage deals. The New Daily reports that tens of thousands of Australians have taken up the Treasurer’s advice to “shop around and get the best possible deal”.
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Despite their love for brunch on a Sunday - and getting the perfect picture of it - millenials are more focused on home ownership than ever.
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St. George Bank’s recent Spring-time Housing Survey has revealed that 56% of Aussie first-home buyers know exactly what they want in a new home, with 72% feeling confident to lock in a new home in the current low-interest-rate environment.
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It’s one simple word, but for the hundreds of thousands of homeowners with mortgages across Australia it could make a huge difference to their wallets: refinancing.
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This morning, online lender ME Bank announced it would be cutting fixed home loan rates across many of its owner occupier and investor options by as much as 60 basis points, coming into effect today.
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More and more Aussie property investors aren’t settling for the big banks when shopping around for a mortgage, new research has revealed.
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Following last Tuesday's RBA rate cut, home loan interest rates have been dropping like dancers in a limbo contest, but as one of the perennial members of the low rate home loan club, it wouldn't be much of a rate cut party without loans.com.au.
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