Best Mortgage Rates - September 9th New lowest home loan’s rate is just 1.90% (2.39% comparison rate) Reduce’s new lowest-rate loan for owner occupiers paying principal and interest, now called the ‘Rate Crusher Fixed’ loan, has a 1 year fixed rate of 1.90%. After this period, an interest rate of 2.39% will be...
Home Loans - August 4th Loan repayments on a $1 million loan: How much would that cost a month? The median house prices in most parts of Australia have been tracking upward over recent years, although the COVID-19 pandemic is risking putting a dint in that growth pattern. However, it’s not hard to find a...
Canstar News - July 30th Homestar Finance offers new record-low home loan interest rate with limited-time offer Homestar Finance has released a new one-year fixed rate special for owner-occupiers paying principal and interest. The Star Classic - Owner Occupied Fixed Special loan has a rate of 1.98% (comparison rate 2.51%) for one year,...
Canstar News - July 30th Consumers warned not to pay 'lazy tax' as NAB cuts savings rates NAB reduced the introductory and bonus interest rates on its iSaver and Reward Saver accounts today by 0.10 percentage points, but left base rates unchanged. The new rates are: NAB iSaver: 0.95% (0.05% base rate +...
Canstar News - July 29th Another rate cut: What is ING's new Savings Maximiser interest rate? For the second time this year, ING is taking a knife to the bonus interest rate on its Savings Maximiser account. The bank sent an email to customers this afternoon to notify them of the change...
Coronavirus - July 16th Applying for your mortgage online: will this digital option stick around after COVID-19? The coronavirus pandemic has thrown a spanner into the works of the Australian economy and way of life. When it comes to home loans, lenders and mortgage brokers have had to adapt to the social distancing...
Home Loans - July 14th Buying before selling: Could a bridging loan help? If you’re looking to move houses then you’ve probably heard of the term “bridging finance”. We break down what a bridging loan is, and how a bridging loan works.
Canstar News - July 13th What are your options if you can’t afford to increase repayments when your repayment pause ends? Australians were thrown a financial lifeline in March 2020, when the banks allowed the option of a six-month home loan holiday for people impacted by the economic downturn of COVID-19. And plenty of us raised our...
Canstar News - July 9th American Express launches 'buy now pay later' tool for credit cards but fees could stack up, expert says The growth of buy now pay later (BNPL) programs seems to be increasingly impacting on credit card usage – in May alone, Australia's collective credit card debt balance went down by a record $1.9 billion, according...
Home Loans - July 8th Home Loans For Indigenous Australians The Australian Government has a range of measures designed to assist Indigenous Australians in buying their own home. This article will cover how to apply for an Aboriginal home loan