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.
Make the most of the RBA rate cut by refinancing your home loan
It’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.
ING, BOQ and Virgin Money join the rate cut party
The RBA cut official interest rates on Tuesday, prompting several banks to take the axe to their range of variable home loan interest rates.
ANZ customers urged to jump ship
After 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.
Will the RBA rate cut make your mortgage cheaper?
After 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?”
Meet Greater Bank’s new 2.99% one-year fixed home loan
In 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.
The five home loan rate cuts you need to know about
If 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.
New market-leading fixed home loan rates from Bank of Queensland and Virgin Money
Bank 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.
A win for Aussie borrowers as ING slash home loan rates
Popular 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.
Changes to the Pension Loan Scheme could help more elderly Aussies boost their finances
In 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.