Online lender ME has announced it is increasing home loan interest rates across its variable mortgage range effective today, citing increased funding costs as the reason - and it’s not the first to do so.
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Over the past few years conventional wisdom has said that you shouldn’t be paying more than 4.00% on your home loan, but research hot from the Mozo database has revealed it’s time for a shift in thinking.
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April has arrived, and now that you’ve gotten over the Easter sugar rush and survived April Fool’s Day, it’s time to get back to reality - which for home buying hopefuls might mean the search for a red hot home loan deal.
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The Reserve Bank board may be sitting down for its third meeting of 2018 on Tuesday just two days after April Fools, but there’s likely to be little in the way of surprises when it comes to a change in the official cash rate.
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They say that to win in the property market, you’ll need a few tricks up your sleeve. Or do you?
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Aussie homeowners have a new low rate home loan to consider after major lender, NAB announced a 48 basis point discount on its Base Variable Rate Home Loan.
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If you’re currently saving for a house deposit, then you’ve probably been scrimping and saving everywhere you can. But even the most frugal spenders can often find stacking up a 20% deposit almost impossible.
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Given the mountain of different providers and rates available when it comes to choosing a home loan, Aussie borrowers can be forgiven for finding it hard to pick the best option. But finding the right home loan could be the biggest financial decision you make - one that could mean the difference between tens of thousands of dollars in interest saved over the life of a loan.
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At Mozo, we’ve got a big reason to celebrate, as we’ve just announced the winners of our 2018 Experts Choice Home Loan Awards.
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How long has it been since you’ve done a home loan health check? Five years? Ten? Chances are, it's been way too long.
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