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.
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.
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.
More and more Aussie property investors aren’t settling for the big banks when shopping around for a mortgage, new research has revealed.
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.
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.
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.
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.
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?
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?