Westpac has found more Aussies are now struggling to meet their home loan repayments, despite positives in the air like lower interest rates and a recovering housing market.
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The RBA has been cutting rates for months now, and if you’ve done nothing about it, you could be out of pocket thousands of dollars.
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With Spring property season right around the corner, new Westpac research has found that Aussie house hunters are keen to make 2019 their time.
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It might not be quite hot enough to bring out your two piece and hit the beach, but something that is definitely heating up is the spring property season in the wake of record low home loan interest rates. Just the way nature intended it, spring is all about excitement and new beginnings, so it’s no surprise the property market is roaring as soon as September hits. But, before you get swept up in the glorious weather, open houses and countless auctions, there are a few things you should prepare before diving in head-first for that big purchase.
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Go back a decade, and Australians couldn’t have imagined paying for anything with a tap of their smartphone. But today, you can even use your handy gadget to take out a home loan.
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Have you ever wondered what the big banks aren’t telling you? When it comes to your home loan, the big banks don’t want you to look too hard or ask too many questions because you might find out something that will cost them and save you thousands of dollars over your lifetime.
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If you’ve been pulling the rein on spending or even dipping into your savings account to pay down your mortgage and electricity bills, you’re not alone.
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In a world where it’s hard enough to remember your partner or best mate’s mobile number, should Australians be expected to know that their home loan interest rate is?
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Online lender and Mozo Experts Choice Online Home Lender of the Year^, Tic:Toc, has continued to ride the rate cut wave today, as it dropped home loan rates again for new customers.
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It’s been over a month since the RBA reduced the official cash rate to 1.00%, but the rate cuts keep coming.
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