ING crowned Australia’s Best Bank for second straight year in 2024
For the second year in a row, ING was crowned Australia’s Best Bank in the Mozo Experts Choice Australia’s Best Banking Awards.
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Mozo Spring Property Preview 2024: What’s in store for home buyers?
As the winter cool subsides, the property market comes into sharper focus, and much of the interest comes from more selling! The reason for this is typically an uptick in property listings.
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Perfect storm: 35% spike in Aussies spending half their incomes on mortgages
New Mozo research reveals a 35% rise in the number of Australians spending half of their income on their home loans since 2023.
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CommBank follows suit in Big Four home loan rate cuts
Commonwealth Bank has cut interest rates across its fixed and variable rate home loans for new customers by up to 0.70% p.a.
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Westpac joins NAB in dropping fixed rate home loans
Westpac has cut select fixed rate home loans by 0.80% p.a., making it the second Big Four bank to pull back on its fixed interest rates in the past month.
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Macquarie slashes fixed rates on Basic Home Loan offering
The Mozo database recorded some significant cuts to one of Macquarie’s fixed rate home loan offerings.
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More homes are for sale in Sydney and Melbourne, July data shows
Total property supply is at its highest level across the combined Australian capitals for the month of July, according to the latest data from Domain.
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Rise in first-home ‘rentvestors’ as Aussies take alternate path to homeownership
More and more Australians are turning away from traditional pathways to homeownership in favour of ‘rentvesting’ – buying an investment property as their first home purchase, whilst continuing to rent.
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RBA holds cash rate in August, as inflation meets expectations
The Reserve Bank of Australia (RBA) has today held the official cash rate at 4.35% after the Consumer Price Index (CPI) recorded a slight drop in trimmed mean inflation over the June quarter of 2024.
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Well Home Loans slashes fixed and variable rates to smashin’ new lows
There may be no 2020 RBA cut just yet, but one Aussie online lender isn’t wasting any time. Well Home Loans has swept its competitors aside with two surprise rate slashes that now make its fixed and variable home loans some of the best in the market.
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