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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The RBA has cut official interest rates for the third time this year, and already a handful of lenders have responded by slashing rates across their range of variable rate home loans. Right now, if your home loan doesn’t have a ‘2’ in front of it, you’re missing out.
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It’s been one week since the RBA cut official interest rates, and we’ve received word of most major lenders’ plans. Now that the dust has settled a little, let’s take a look at some more big names, including ING and Bendigo Bank, that have announced cuts.
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Tic:Toc has become the latest lender to drop interest rates following last Tuesday’s Reserve Bank official cash rate cut, with the online lender now offering some of the most competitive home loan rates around.
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The Reserve Bank has been particularly busy this year, having cut official interest rates three times since June. But have any banks or lenders passed on the full 0.25% cut on all three occasions?
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Has the Spring property season inspired you to add a new investment property under your belt? Or perhaps you’re looking to refinance your current investment home loan to a better deal?
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Online lenders UBank, Athena, Homestar and FreedomLend are on top of the rate cut nice list this month, moving with lightning speed to announce they are passing through the Reserve Bank's October rate cut in full.
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The Commonwealth Bank became the first of Australia’s big four banks to respond to Tuesday’s RBA rate cut after making an announcement last night that it would cut 0.13% off variable home loan interest rates for its owner occupier borrowers.
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