Home loan news and advice

All the latest home loan news and top tips to help you manage your home loan.

How to crush your mortgage this financial year

How to crush your mortgage this financial year

With a new financial year upon us and interest rates sitting at new record lows, now is the perfect time to resolve to crush your home loan. Borrowers around Australia are celebrating back to back RBA cuts, but did you know that you can use the record low rates environment to your advantage to pay down your mortgage even faster?

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Aussie borrowers celebrate as rates plunge lower

Aussie borrowers celebrate as rates plunge lower

Aussie borrowers are revelling in a rates bonanza, as home loan interest rates continue to plunge to unheard of new levels. Lenders are now offering jaw dropping deals in the 2 per cent and low 3 per cent range, enabling borrowers to pay down their debt faster than ever before and build up record buffers.

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Which banks have cut home loan interest rates so far?

Which banks have cut home loan interest rates so far?

On Tuesday, the Reserve Bank decided to decrease the cash rate once more, bringing it down to a record low 1.00%. Since then, attention has turned to banks and lenders to see how much of the cut will flow through to home loan customers.

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ING and ME Bank latest home loan lenders to make cuts

ING and ME Bank latest home loan lenders to make cuts

This afternoon, we learned that ING will be reducing rates for its variable home loan products by 0.20%. And while that’s five basis points shy of the full 0.25% cut, it still sees several ING home loans among the more competitive in the market.

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Hot home loans under 3%

Hot home loans under 3%

With the RBA cutting the cash rate to a historical low of 1.00%, there’s never been a better time to get picky about your home loan, especially with some lenders slashing rates to below 3.00%!

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