Which lenders have the lowest home loan rates now?
It was good news for borrowers when the Reserve Bank slashed the official cash rate to a record low 1.50% at its August board meeting.
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Big four bank customers miss out on hundreds annually over RBA rate cut gap
Big four bank customers with variable rate home loans are set to lose hundreds of dollars annually after their lenders failed to pass on the full rate cut suggested by the RBA yesterday.
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Has your home loan provider passed on the August RBA rate cut?
For homeowners across the country things are about to get exciting, after the Reserve Bank slashed the official cash rate to a record low 1.50%, at its August board meeting.
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Will the banks pass on the RBA rate cut?
Property owners across the country are surely cheering at the news the Reserve Bank of Australia has slashed the official cash rate to a new low of 1.50%, at its August board meeting.
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98% of Australia’s suburbs have increased in value this century
The value of property across Australia has largely weathered the effect of inflation since the start of this century, showing strong capital growth in the past two decades, Mozo’s recent research has shown.
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ING DIRECT introduces record low 3.79% variable rate home loan
Online lender ING DIRECT introduced its lowest ever interest rate on a variable home loan product today, with the Orange Advantage loan now available at just 3.79% p.a. for owner occupiers.
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Bankwest scraps Complete Variable Home Loan investor special rates
Bankwest has quietly scrapped its “limited” release investor home loan special rate offer this week, a move mirroring recent attempts by other lenders to keep investor loan books under the 10% growth per annum APRA requirement.
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NAB the final big 4 bank blocking foreign property investors
All of the big 4 banks in Australia have now restricted lending to foreign property buyers, as NAB announced it has joined CommBank, ANZ and Westpac in curbing the amount of money lent to foreign investors with no income source in Australia, reports the Australian Financial Review.
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ME slashes 3 year fixed home loan rate to 3.79%
While cuts to variable rates have slowed over the past few weeks after the Reserve Bank left the official cash rate steady at its June board meeting, the same can't be said for the fixed rate market, as lenders continue to slash rates for borrowers who are willing to fix.
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Small, online lenders could bag Aussie borrowers another $40,000
Mozo has found that house hunters opting to borrow from small, non-bank lenders could have the edge on those sticking with the Big 4 banks.
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