Greater Bank named 2019 Mozo Experts Choice Home Lender Bank of the Year
What makes a winner?
Read MoreWhat makes a winner?
Read MoreThe Mozo office is buzzing amidst the announcements of the 2019 Mozo Experts Choice Award winners, with one particular online lender taking out one of the major gongs with a loan feature being touted as a “credit card killer.”
Read MoreThe race for Best New Home Loan was more competitive than ever this year. For months our team of experts has been hard at work, tirelessly poring over our database in search of the best new deals, and we’re excited to finally announce the winner is none other than Well Home Loans.
Read MoreReceiving a whopping 5 awards in the 2019 Mozo Experts Choice Awards for Home Loans, Tic:Toc is officially the Online Home Lender of the Year.
Read MoreVeteran fintech loans.com.au, known for driving competition in the home loans industry with innovative and low-rate offers, has announced it will be offering loans with Loan-to-Value ratios (LVR) up to 90% at reduced rates, in a bid to help hoist first home buyers up onto the property ladder.
Read MoreThe downturn in Australian housing has given people plenty of reason to worry. But is the situation as bad as many make it out to be? Well, the latest figures from the Australian Bureau of Statistics don’t give us much to be optimistic about.
Read MoreME Bank’s recent report revealed an astonishing 94% of Aussies don’t trust their banks in the wake of the Banking Royal Commission’s release of its final report earlier this year.
Read MoreFixed rate home loans can be an enticing option for borrowers. They provide security against rate hikes and certainty about fitting monthly repayments into the family budget. But some borrowers may be unprepared for the potentially high revert rates that await them at the end of their fixed term.Fixed rate home loans usually come with a fixed term from one to five years long, or on some options, as long as seven or even ten years. While the rate is locked in for this period, it then reverts back to a variable rate option. These revert rates automatically kick in unless you negotiate an alternative with your lender, and they can make a huge difference to your monthly repayments.If this is all news to you, you might be in for a shock. Research from Mozo has shed some light on just how steep revert rates can be for borrowers caught unaware.
Read MoreSince the start of the year, many Aussie homeowners have felt the pinch from variable home loan rate rises, especially from the major banks. But the trend toward hiking rates could be about to change thanks to moves by challenger lenders and smaller banks.
Read MoreWith so many new home loan lenders emerging, traditional banks are feeling the heat when it comes to staying up to date with the latest in banking trends.
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