Interest Rate News - Page 2

ANZ now has the cheapest variable package rates out of the big four banks, after cutting some mortgage rates today. But the majors are still well behind the cheapest offerings available from several smaller lenders on...

Data released this week revealed property prices are rising sooner than expected. Sellers might be tempted to capitalise on these conditions, but would then join the hoards of buyers vying for limited stock, creating a pricing surge that could put pressure on the RBA to increase rates.

Continuing the fall in home loan interest rates, ANZ cut its fixed rates today. There is "ample choice" available to borrowers looking for a better rate, and not just from the major banks, according to this expert.

Greater Bank now has the lowest fixed interest rate loans on record in Canstar's home loan database.

ING will be introducing home loan interest rate changes this Thursday. Some homeowners with low deposits might feel the pinch, but investors coming back into the property market could benefit from lower rates.

UBank has cut fixed home loan rates, making its three-year fixed interest rate for owner-occupier borrowers the lowest on record in Canstar's database. Applicants will have to be ready to get in quick, with the offer available for a limited time only.

Looking back on the year, Canstar can reveal the home loans on its database that had the biggest interest rate cuts in 2020. Plus, find out where to get some of the best rates right now....

Though the cash rate is on hold this month, previous cuts in November and earlier this year have seen home loan rates track down to record lows. Canstar spoke to some refinancers who have jumped on the opportunity to get a better home loan rate and make their finances more manageable in the year of the pandemic.

National Australia Bank is the third of the big four banks to slash savings rates following the November cash rate cut. A neobank also followed suit, reducing its rate for savers today. One expert says it's "imperative" that savvy savers look to get the best deals they can.

Commonwealth Bank was the first to fire out of the major banks, announcing it would drop fixed rate loans for owner occupiers and introduce it's lowest ever advertised home loan rate.

The official cash rate has been cut to an all time low of 0.10% in a bid to quicken the economy’s recovery out of recession. While this is likely to see savers bear the brunt of...

Homestar Finance has jumped the gun ahead of today's cash rate decision and delivered an interest rate cut for new home loan customers looking to refinance. The offer is available for a limited time.

Savers continue to absorb the blow of falling interest rates, with a few popular neobanks and one of Australia's largest banks announcing more cuts this week. But there are still higher rates out there for the conscientious saver.

Commonwealth Bank has taken the knife to some of its ‘no-frills’ variable home loans, making rate reductions of 0.10 percentage points for owner-occupiers and up to 0.15 percentage points for investors. Today’s rate cuts from CommBank...

Reduce Home Loans has introduced a new record-low home loan rate that may appeal to some refinancers looking to take advantage of cheaper deals. Reduce Home Loans has launched its new Rate Cutter Variable home loan...

UPDATED: Reduce Home Loans has edged ahead in the “lowest rate home loan” race, launching an introductory rate of just 1.90% (comparison rate 2.39%). Three days after its initial launch on 1 September, the lender altered...

The property market's impact on Aussie households and the economy is on the minds of Australia's central bankers, who've decided to keep the cash rate on hold this month. The numbers show house prices have fallen...

Online lender loans.com.au has launched a limited-time interest rate of below 2% for eligible investors today, which is the lowest rate available on Canstar's database of investment home loans. The discounted variable rate of 1.99% is...

Home loan customers can now automatically get a lower interest rate as they pay down their mortgage. That may incentivise customers to pay off their home sooner, but it could still pay for homeowners to check...

Could your budget stand to gain from a better home loan interest rate? An online-only lender is now in the lead in the rate race. It seems to be nearly every week we're announcing a new...