The lowest variable home loan comparison rate now listed on InfoChoice is 2.71 per cent per annum from Reduce Home Loans. FreedomLend has an owner-occupied [...]
Bank of Queensland (BoQ) is one of Australia’s leading regional banks. BoQ is a listed institution (ASX:BOQ) and, unlike some other state-based banks, is not [...]
Bank of Melbourne is a Westpac owned Victorian lender with a full suite of home loans, personal loans, credit cards, accounts and other banking products. [...]
RBA hoses down money printing talk Australia does not yet require a radical departure from conventional monetary policy into quantitative easing (QE) or ‘money printing’ [...]
Christmas shopping scams booming in 2019 Already, before the end of November, more money has been lost online to shopping related scams in 2019 ( [...]
If you’re looking to make your retirement more comfortable, then a reverse mortgage could help you to access some of the value in your home, [...]
MEDIA RELEASE Sunday 24 November 2019 Rates Update: 100 home loans under 3.3% pa Savers can still get over 2% pa Expectations of another RBA [...]
Scott Morrison tells Westpac to clean up The prime minister Scott Morrison has told the Westpac board to consider the future of chief executive Brian [...]
NAB to pay $50M in compo to customers National Australia Bank has agreed to pay $49.5 million to settle a class action lawsuit over Consumer [...]
Will banks and lenders negotiate a better rate if I ask? The simple answer to this question is you probably can negotiate your way to [...]
MEDIA RELEASE Sunday 17 November 2019 Home Loans under 3% pa and Car loans go way under 5% pa Expectations of another RBA rate cut [...]
How do variable rate home loans work? Variable mortgages can be ideal for borrowers looking for low–rate home loans, because they typically have lower rates [...]
Banks offer help to bushfire victims Wild deadly bushfires are still out of control across much of northern NSW and Queensland. New South Wales and [...]
There are now more than one hundred variable rate home loans for owner occupiers listed on InfoChoice with comparison rates under 3.5 per cent pa. [...]
MEDIA RELEASE Sunday 10 November 2019 Rates Update: More than 100 variable home loan rates under 3.5%*One new bank still way out in front of [...]
More than 100 variable home loans under 3.5% There are now many more than 100 variable home loan products with comparison rates under 3.5 per [...]
“First in, best dressed!” The Morrison government’s First Home Loan Deposit Scheme starts on the 1 January 2020. The government’s finance minister says the scheme [...]
More Aussies are looking into a new mortgage … The number of Australians making enquiries about applying for a new mortgage has increased for the [...]
1. Commonwealth Bank raises fees Commonwealth Bank has raised fees on cheques from $1.50 to $3. Cheques cashed at a branch will also incur a [...]
MEDIA RELEASE Tuesday 5 November 2019 The Reserve Bank of Australia has left the Official Overnight Cash Rate (OCR) unchanged at 0.75 per cent. The [...]
MEDIA RELEASE Sunday 3 November 2019 More fixed and variable home loan rates fall under 3%There are options for savers who want to beat inflation [...]
Active borrowers get rewarded with bigger rate cuts Borrowers have given themselves an extra 0.05 percentage points in home loan rate cuts by comparing rates [...]
Spring is the time for buying and improving Auction clearance rates indicate most capital city and many regional markets are turning around. Investors need to [...]
Which is better for you – a fixed rate home loan or variable rate? How and why do borrowers choose between the two types of [...]
For most Australians, purchasing a home represents the most momentous financial decision of their lives. It's the kind of thing that can have years-long effects [...]
Neobank 86 400 opens with $10 cashback 86 400 is a neobank, a completely online bank based on a mobile phone app. 86 400 is [...]
Who can qualify for the First Home Loan Deposit Scheme? Your two-minute FAQ guide to the First Home Loan Deposit Scheme Whilst seasoned campaigners understand [...]
First Home Buyer Deposit Scheme caps announced The Morrison government’s First Home Buyer Deposit Scheme will start on 1 January 2020. The scheme will guarantee [...]
Westpac Group raises LVRs for investor lending The Westpac Group has raised the maximum loan to valuation ratio allowed in interest-only investor home loans from [...]
The household expenditure measure (H.E.M.) is used by lenders to assess your loan application. When you’re applying for a mortgage, lenders don’t just look at [...]
The Big Four banks all offer ‘packaged’ home loan deals and they are generally pretty similar. Generally, but not at the moment! In what has [...]
Which Sydney suburb has the highest rental yield? The average rental yield in the greater Sydney area is 2.8 per cent for houses and 3.7 [...]
Australian Property Market Outlook 15 October 2019 On 10 October, the Australian Bureau of Statistics (ABS) released its Lending to Households and Businesses data for [...]
When you’re looking at a property to buy, you need to be sure you are aware of the condition of the place. It might look [...]
Less than one year after the Royal Commission into Financial Services, the big banks and other mortgage lenders face a new government inquiry. Today the [...]
MEDIA RELEASE 10 October 2019 There are now 16 five-year fixed rate home loan products with advertised rates under 3 per cent pa listed on [...]
Is Facebook Libra falling apart? eBay, Visa, Mastercard and Stripe have joined PayPal in exiting the Facebook Libra coalition. There are now just two payments [...]
CommBank cuts fixed rates under 3% From today, Commonwealth Bank’s advertised 2 and 3 year (OO, P&I) fixed rates in the “Wealth Package” have been [...]
MEDIA RELEASE 10 October 2019 Despite ACCC chair Rod Sims’ recent criticism of the bank practice of charging higher rates to loyal existing borrowers than [...]
ING is one of Australia’s most popular lenders, outside of the big four banks. ING is also a popular bank with savers and the ING [...]
What are interest rates around the world? In 2019, interest rates around the world are trending lower. Since the Global Financial Crisis in 2008, many [...]
Are you looking for Australia’s lowest mortgage interest rate? One lender is consistently one of the cheapest lenders in Australia. Comparing home loans can be [...]
More lenders cut home loan rates More lenders are announcing rate cuts following the RBA’s October rate cut of 0.25 percentage points on Tuesday. P&N [...]
Government tells borrowers – vote with your feet The treasurer Josh Frydenberg has again slammed banks for not passing on the full amount of the [...]
Athena Home Loans like to deliver savings When the Reserve Bank of Australia announced a 0.25 percentage point rate cut this week, the first lender [...]
MEDIA RELEASE 2 October 2019 The big banks have defied the treasurer Josh Frydenberg and NOT passed through the entire 0.25% RBA rate cut to [...]
Around 100,000 owner-occupier home loan borrowers have been reclassified as investors. The change means they could be hit with higher interest rates in the future. [...]
MEDIA RELEASE 1 October 2019R FIRST LENDER PASSES ON FULL RBA RATE CUT The Reserve Bank of Australia board today cut the overnight cash rate [...]
A huge part of the fun and excitement of looking for a new home is browsing all the real estate websites and cooing over the [...]
Where can you find a property bargain? The cost of living in Sydney is inarguably high. As a comparison, house prices are approximately 23 per [...]
More Aussies are taking out home loans requiring them to spend thousands on Lenders Mortgage Insurance (LMI), but do they really know what they’re paying [...]
What is a guarantor home loan and how does it work? Quite simply, a guarantor home loan is one that has a portion of the [...]
MEDIA RELEASE 15 September 2019 There are now ninety-seven – 97 – home loans with advertised rates under 3 per cent pa, including 96 for [...]
New ‘secret shopper’ research reveals what each big bank is prepared to lend – and the answers will SHOCK you. In fact, the differences right [...]
Lenders don’t use the loan’s advertised interest rate to assess your application and whether you can afford to repay it - they have much higher [...]
Westpac announces amazing new low rates and first major regional bank goes under 3%* Westpac slashes home loan rates by up to 1.30%. Westpac has [...]
…. and how to get the best home loan deal ‘I want the best home loan’ By Jason Bryce Low interest rate, low fees, fixed rate, variable [...]
By Richard Holdcroft With the lowest home loan interest rates in history now on offer, there are potentially huge savings to be had on your mortgage. Thanks [...]
MEDIA RELEASE 3 September 2019 Four-year fixed rates go under 3% The Reserve Bank of Australia board has left the official overnight cash rate (OCR) [...]
The world economy is in totally uncharted territory. Last week central bankers from around the globe met in Jackson Hole, Wyoming, USA and tried to [...]
By Jason Bryce The history of interest rates in Australia tracks our national economic development and some of the biggest political and financial events in [...]
Home loans typically last for 25 or 30 years, unless you repay it early or refinance. Refinancing means using a new loan to pay off [...]
US President Donald Trump is an unconventional and controversial political leader. That’s not news but what you may not realise is how much influence Mr [...]
Looking for an investment home loan is quite different to looking for an owner–occupier home loan. Here’s what you need to look at when you’re [...]
If you’re looking to shave off a few dollars from your mortgage each month, then turning to an online lender is a good option for [...]
4.00pm, 18 March 2020: Emergency rate cut 100% certainty TOMORROW The Reserve Bank of Australia (RBA) is meeting on Thursday this week (19 March) to [...]
Despite recent property price falls, it’s still difficult to get together a 20 per cent home deposit. If you’re renting and trying to save up [...]
Home loan rates have hit all-time record lows. The property market is showing signs of recovery. Regulators have eased home loan eligibility guidelines. Lenders are [...]
When you’re looking for a home loan deal, you’ll probably think first of approaching one of the Big Four Aussie banks – NAB, ANZ, Westpac [...]
RBA Governor Philip Lowe and the board of the RBA are being very clear with their messaging at the moment – expect more rate cuts [...]
Australia’s Big Four banks – Commonwealth Bank, Westpac, ANZ (Australia and New Zealand Bank) and NAB (National Australia Bank) dominate our economy and are most [...]
Strictly speaking, you don’t pay stamp duty on your home loan, you pay it as a tax on your property purchase. However, you’ll have to [...]
For many of the hopeful, wannabe homeowners in Australia, it’s not keeping up with home loan news and finding the right property that stumps them, [...]
You might love the freedom of being self–employed but you probably don’t like the attitude of banks and lenders to self-employed loan applicants. One of [...]
Home loan rates in Australia have never in living memory been as low as they are now. In short, it’s a great time to be [...]
Thousands of Australians who are currently considered not able to afford a home loan are about to suddenly become eligible for mortgage credit. Home loan [...]
If you’re Muslim, then you may have wondered for a long time about how you can get a mortgage so you can own your own [...]
The Reserve Bank of Australia has announced a cut in official interest rates (OCR) of 0.25 percentage points to 1 per cent. The first big [...]
The Reserve Bank of Australia has announced a cut in official interest rates (OCR) of 0.25 percentage points to 1 per cent. Vadim Taube, chief [...]
When you’re planning to buy your first property you spend hours on real estate sites, sighing over the video tours and ads about easy home [...]
The Reserve Bank of Australia board meets on Tuesday 2 July to decide whether to cut interest rates for the second month in a row [...]
What is a real estate “bubble?” A property bubble is initially fueled by demand which outstrips a limited supply. It’s the increasing price of housing [...]
“It is more affordable to buy than rent” Which cities and towns are cheaper for home buyers than renters? Suddenly in 2019, there are plenty [...]
Tuesday June 4 will be remembered as the day the Reserve Bank of Australia (RBA) reduced interest rates to a new all-time record low. The [...]
Get married, buy a house, and live in it. Simple, right? Perhaps not. This path of normality paved by older generations has left millennials perplexed [...]
Non-bank lender announces amazing new super-low comparison rate The Reserve Bank of Australia has just announced an historic cut in the official cash rate (OCR) [...]
Does Australia need an interest rate cut? Vote YES or NO https://www.facebook.com/193785440635734/posts/2667190169961903/ Should monetary policy put “People before Profits” or “Poverty before Property Prices?” The [...]
Mortgage stress for Australians has reached an all-time high. Across the country, more than one million households are estimated to now be in mortgage stress—meaning [...]
Life is meant to begin at 40. You’re older. Wiser. Better equipped to deal with the world and what it throws at you, except, apparently, [...]
And how much would an RBA rate cut save me on mortgage repayments? The Reserve Bank of Australia board has decided to keep the official [...]
How much do you need to save in order to fund a deposit for home and get approved for a mortgage? Buying a home is [...]
The Reserve Bank of Australia has stubbornly resisted cutting interest rates in recent years but some lenders have been slashing their variable rate, and fixed [...]
Mortgage interest rates have been at a record low since the Reserve Bank dropped the official rate to two per cent in June 2015. So [...]
Rates have hit a record low as the RBA decided to cut the cash rate 0.25% to 2.50% on Tuesday. It also marks the 8th [...]
The RBA decision to cut the cash rate by .25% to 2.75% on Tuesday marks the first time since records began 53 years ago that [...]
Do you know the interest rate you're paying on your mortgage, credit card or personal loan? It's worth checking because banks will discount their variable [...]
ANZ announced it will reduce interest rates for variable rate mortgages by 0.20% p.a. effective 21 December 2012. ANZ’s new standard variable mortgage rate will [...]
Monthly banking figures compiled by the Australian Prudential Regulation Authority show ANZ has piled on the fastest growth in mortgage sales over the past year, [...]
NAB on Monday revealed it believes the central bank's board will cut the cash rate by a quarter of a percentage point when it meets [...]
Retail interest rates could fall further as a result of the Federal Government's plan to return its Budget to the black. Treasurer Wayne Swan said [...]