Australia's best home loans have been ranked for the 2019 Mozo Expert's Choice Awards, and the results are eye opening. Choosing the best value home loan over the average big bank loan could save a typical borrower more than $82,000 over the life of the loan*, but with so many options available it can be hard to know where to start.
As the decade draws to a close, housing prices go up and interest rates go down, it seems only fitting to take a look back at how the property market has changed in the past five years. What did it look like in 2014 and where is it now?
Right now, home loan interest rates are at an all time low, and if you were thinking about locking in a fixed rate to take advantage, you wouldn’t be the only one. But are you prepared for the sky high revert rate that could be waiting just around the corner?
With three cuts to the RBA official cash rate so far this year, home loan interest rates have plummeted leaving many Aussies enjoying a lower rate on their current loan or jumping ship in search of a better deal.
If you’re an investor looking to jump into or expand your portfolio in the property market, you’ll be pleased to know that home loan interest rates have plummeted since this time last year.
The national mortgage arrears rate has reached its highest level in a decade at 1%, with households in Western Australia and the Northern Territory showing the most cause for concern.
With three rate cuts behind us, many Australians who’ve been eyeing the property market for the past few years have finally decided to take the plunge. But even among those who’ve successfully saved up a deposit, plenty more hurdles await.
With neobank 86 400 launching its online home loans this week, the term ‘digital home loans’ has never had more hype.
Finding a dream property that also sits within your means is no easy feat, and for 1 in 2 Australian home buyers, the whole process ends up being so stressful that it strains their mental health.
The home loan rate cut party is alive and kicking, as lenders big and small drop fixed rates to gob-smacking new lows, despite the Reserve Bank's decision to keep the cash rate on hold for the time being.