Finance News - November 8th CommBank hikes fixed home loan rates again – is this a sign of things to come for homebuyers? CommBank is the latest major bank to hike fixed home loan rates, following last week's meeting of the Reserve Bank of Australia board.
Cryptocurrency - November 3rd CBA to become first Australian bank to offer cryptocurrency trading Commonwealth Bank today announced it will offer customers the ability to buy, sell and hold cryptocurrency assets, including bitcoin through its CommBank app.
Finance News - November 2nd Home loan rates remain low, but experts warn Aussies to consider 'interest rate proofing' The RBA has kept rates steady, but there are warnings that Aussie homeowners could face 'mortgage stress' when rates start to rise.
Finance News - October 27th NAB makes 'whopping' home loan interest rate cut but lifts some other rates National Australia Bank has lowered interest rates on its one-year fixed rate home loan products, while raising other fixed loan rates.
Finance News - October 22nd NAB cuts savings rates: Where can you find the top rates? NAB has lowered the interest rates on its savings accounts and some term deposits. Here's where you can find the top savings rates now.
Finance News - October 15th Commonwealth Bank and ING change home loan interest rates Borrowers are set for an interest rate shake up today, with two banks deciding to slash variable home loan rates for new customers while also hiking some fixed rates.
Finance News - October 12th Victorian Homebuyer Fund to help residents buy a home with a low deposit There's new funding in Victoria that will help more than 3,000 aspiring homeowners buy a house that would be part-owned by the government. You just need to have a deposit of between 3.5-5% and meet the eligibilty criteria.
Finance News - October 6th APRA tightens home loan lending rules, as Aussies take on more debt The Australian Prudential Regulation Authority (APRA) has tightened rules around home loan lending as Aussie house prices continue to boom.
Finance News - October 5th RBA cash rate steady, but all eyes on potential house price boom once restrictions ease The Reserve Bank has not been swayed into increasing the official cash rate to take heat out of the property market today, as speculation mounts the market could boom even more once vaccination targets are met and the country reopens.
Finance News - September 17th ING makes home loans cheaper for interest-only borrowers ING made significant cuts to home loans for new borrowers who will only pay off the interest on a loan for the first few years, not the principal as well. The move to attract these borrowers is a little surprising, according to this finance expert.
Finance News - September 7th Record-low cash rate and mortgage rates, but existing customers pay a penalty The cheapest mortgage rates are reserved for new customers, meaning existing customers pay a penalty for their loyalty unless they shop around, Canstar analysis shows.
Buy Now Pay Later Services - September 7th Suncorp Bank teams up with Visa to offer buy now pay later service Suncorp has announced that it will launch a new buy now pay later card with Visa, arriving on the Australian market in November 2021.
Finance News - September 2nd Virgin Money boosts savings interest rate to 1.50%, highest on Canstar's database Virgin Money has added an introductory offer to its savings account for three months, taking its interest rate to the highest on Canstar's database without an age limit, available for a limited time.
Finance News - September 1st Double-dip recession could see another 150,000 homes sucked into mortgage stress We reveal the type of homeowners most likely to be impacted if a double-dip recession occurs within the next year and what households can do to protect themselves.
Finance News - August 25th ING cashback offer to pay customers for paying their electricity, gas and water bills ING will pay customers for paying their gas, water and electricity bills with a new cashback offer launching in December. Canstar worked out how much you'd need to save to earn the same cash back in interest payments.
Finance News - August 24th Westpac introduces cheaper variable rate for a limited time, and hikes fixed rates Westpac is offering a cheaper introductory rate on one of its variable rate loans to new customers for a limited time, and is also increasing some fixed rate mortgages.
Buy Now Pay Later Services - August 18th What is CommBank StepPay and how does it compare to other options? CommBank is launching its own buy now pay later service in 2021 for eligible customers to split payments over six weeks. Here's an overview.
Finance News - August 18th Research reveals the Aussies best equipped to live off savings in lockdown: How do you compare? The average amount people are saving each month has gone up this past year. But nearly a quarter of Australians would struggle for even one month if they lost their jobs and had to live off their savings.
Finance News - August 16th House hunting tips: 19 property research moves to make before you buy Canstar’s Digital Editor Amanda Horswill reveals the extreme house hunting searches she does as a property buyer before even setting foot inside a home for sale.
Finance News - August 10th Fixed home loan moves: CommBank hikes and Westpac now the cheapest Commonwealth Bank is hiking two and four-year fixed home loan interest rates, continuing the trend of rising rates for borrowers who choose to lock in.