One week on: The latest lenders to pass on the RBA rate cut
Last Tuesday, the RBA reduced official interest rates, setting off a wave of cuts across the variable home loan market.
Read MoreLast Tuesday, the RBA reduced official interest rates, setting off a wave of cuts across the variable home loan market.
Read MoreIt’s been a week since the RBA decided to cut official interest rates, but we’ve already seen more than 20 lenders pass on the full 0.25% cut to their variable home loan customers.
Read MoreThe RBA cut official interest rates on Tuesday, prompting several banks to take the axe to their range of variable home loan interest rates.
Read MoreAfter the RBA’s decision to cut their cash rate by 25 basis points yesterday, big bank ANZ responded by dropping its home loan rate by just 0.18%, leaving both customers and the RBA disappointed.
Read MoreAfter months of speculation, the RBA has finally decided to cut the cash rate, placing it at a record low 1.25%. Of course, the question on everyone’s mind now is, “will this make my mortgage cheaper?”
Read MoreIn an event that needs to be seen to be believed, Greater Bank have today cut their fixed home loan rates across 1 - 5 year terms for owner occupiers and 1 - 3 year terms for investors to what might be an unprecedented low for the lender.
Read MoreIf you haven’t heard the latest news, Greater Bank have made the move to cut fixed rates this morning, with their one year fixed rate hitting a jaw dropping 2.99% (4.42% comparison rate*) - making it the lowest one year fixed rate on the market, according to CEO, Scott Morgan.
Read MoreBank of Queensland and Virgin Money have announced new rock bottom home loan rates on home loans for both owner-occupiers and investors, effective from today.
Read MorePopular bank and home loan provider ING are set to cut home loan rates for new borrowers by 17 basis points tomorrow, on both their Orange Advantage and Mortgage Simplifier owner occupier, principal and interest home loans.
Read MoreIn a bid to encourage older Aussies to live at home longer, the Federal Government has announced it will launch a revamped Pension Loan Scheme, which accepts the value of your home as security against a loan.
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