Greater Bank named 2019 Mozo Experts Choice Home Lender Bank of the Year
What makes a winner?
Loans.com.au stands out from the pack with best new feature in Mozo Experts Choice Awards 2019
The 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.”
Well Home Loans stands out as Mozo Experts Choice Best New Home Loan
The 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.
And the award for Online Home Lender of the Year goes to… Tic:Toc
Receiving 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.
First home buyers to benefit in latest home loan offer from online lender loans.com.au
Veteran 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.
Australia could be heading for a crash. Here’s what you can do to prepare
The 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.
Do you have bank-xiety? ME Bank report reveals 94% of Aussies do
ME 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.
Don’t get stung by a high revert rate: Mozo research reveals fixed home loan trap
Fixed 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.
A race to the bottom - the five home loan lenders slashing rates
Since 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.
The home loan innovations changing the game for Aussie borrowers
With 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.