NAB cuts fixed rates (again) ahead of next RBA decision
NAB cut the interest rates on its fixed-rate home loan for a second time this year, as we draw closer to the first Reserve Bank of Australia (RBA) cash rate cut.
Read More
RBA holds interest rates at 4.35% for the seventh consecutive meeting
The Reserve Bank of Australia (RBA) has announced the nation’s official cash rate will remain at 4.35% for a seventh consecutive monetary policy decision, providing no relief for Aussie home loan borrowers.
Read More
Time to lock in a fixed rate? Where to find home loans under 6%
We’ve seen a slew of fixed rate cuts from major banks in the past two months, but does that mean now is a good time to lock in a low rate on your home loan?
Read More.png?width=324)
Meet the big bank digital offspring redefining home loans
With a staggering 98.9 percent of all bank transactions now being undertaken digitally in Australia according to the Australian Banking Association, it’s no surprise that banks are shifting their focus towards the next generation of borrowers and homeowners and developing new brands and products that best suit their digital native users.
Read More
New digital loan trend could save Aussie borrowers a fortune
These days, Aussies have more choice than ever before when it comes to borrowing money, and as everyone searches for faster, easier ways to control their finances, online lenders are emerging as real challengers to the big banks.
Read More
Can foreigners buy property in Australia? Yes, here’s how
Foreign buyers – those that are non-permanent residents and non-citizens – can purchase residential property in Australia, but will need approval from the Foreign Investment Review Board (FIRB) to ensure their investment works in favour of the national interest.
Read More
Fixed-rate face-off heats up: Lowest home loan rates since June 2023
South West Slopes Bank (SWSbank) has unveiled the lowest fixed rate home loan that Mozo has tracked in over a year.
Read More.jpg?width=324)
How CommBank’s recent home loan rate cuts measure up
CommBank reduced interest rates for borrowers on its Extra Home Loan and CommBank Wealth Package recently, positioning these loans more favourably against the averages in the Mozo database.
Read More
The great Australian dream could see your home loan jump by $274,000
Australians are obsessed with houses, despite units being up to 32% cheaper and offering potential interest savings of up to $274,405 on their home loans.
Read More
As home loan costs grow in 2024, Aussie buyers look for a boost
The number of people looking for a helping hand when buying a property has increased in 2024, despite more buyers going solo.
Read More