Finance News - May 12th NAB and Macquarie Bank hike four-year and five-year fixed mortgage rates NAB is increasing its four- and five-year fixed rates for homeowners from today. Macquarie Bank's longer-term fixed rates are going up too, as part of a broader trend in home loan movements.
Finance News - April 19th ANZ cuts variable mortgage rates for new borrowers, undercutting fellow majors 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...
Finance News - March 2nd RBA holds, as homeowners navigate 'catch-22' property market 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.
Finance News - February 15th ANZ cuts fixed rates: "Ample choice" out there for refinancers 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.
Finance News - February 9th Greater Bank launches new lowest mortgage rate on Canstar's database Greater Bank now has the lowest fixed interest rate loans on record in Canstar's home loan database.
Finance News - February 3rd ING to hike mortgage rate for homeowners, but cut investor rates 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.
Finance News - January 22nd UBank launches new lowest home loan rate on Canstar's database 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.
Finance News - December 7th Which banks made the biggest home loan cuts in 2020? 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....
Finance News - December 1st Refinancers chasing lower home loan rates with record-low cash rate 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.
Finance News - November 20th What is NAB's new savings rate after cash rate cut? 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.
Finance News - November 4th Big four banks follow RBA's call to cut home loan interest rates 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.
Finance News - November 3rd RBA cash rate cut: Which lenders have lowered home loan interest rates? 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...
Finance News - November 3rd New lowest home loan rate down to 1.79% (1.84% comparison rate) 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.
Finance News - October 14th Majors, neobanks cut savings rates – can you still snag a good deal? 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.
Finance News - September 25th CommBank cuts rates on 'no frills' home loans 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...
Finance News - September 15th New lowest home loan rate drops to 1.89% (1.92% comparison rate) 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...
Finance News - September 9th New lowest home loan’s rate is just 1.90% (2.39% comparison rate) 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...
Finance News - September 1st RBA holds: House prices falling as strained property owners enter spring selling season 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...
Finance News - August 24th Aussie investors could save more than $8,000 in one year from new loans.com.au offer 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...
Finance News - August 12th Does an automatic home loan interest rate cut sound appealing? 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...