The Reserve Bank of Australia (RBA) is set to announce its next interest rate decision in six days, but ANZ Bank is taking proactive measures ahead of this potential adjustment. …
Home loans
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- National
Mortgage holders advised to review repayment settings as millions may be missing out on potential savings
by adminHouseholds across Australia are being urged to review their mortgage repayments following recent rate cuts by the Reserve Bank of Australia (RBA). Notably, Westpac is the only major bank that …
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The Australian Securities and Investments Commission (ASIC) has initiated legal action against RAMS Home Loans, a subsidiary of Westpac, accusing it of “systemic misconduct” in its home loan arrangements. The …
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The Commonwealth Bank is set to reduce its fixed interest rates starting tomorrow, with decreases of up to 0.4 per cent across all fixed terms. This adjustment aligns with the …
- National
As fixed-rate home loans decline, is it time for homeowners to secure their rates?
by adminSince April 1, a total of 30 lenders have lowered their fixed-rate home loans in anticipation of a market interest rate cut. This raises the question: should existing homeowners consider …
- National
Would You Consider a 40-Year Mortgage? One in Three Australians Say Yes – But It Could Be Costly
by adminA recent study has revealed that a significant number of Australians may consider extending their mortgage terms to alleviate the burden of hefty monthly repayments. Specifically, one in three respondents …
- National
No Sydney Suburb is Within Reach for Singles Aspiring to Enter the Property Market
by adminRecent studies highlight the challenges faced by singles in Sydney’s housing market. Research by Compare the Market reveals that no suburb among the city’s 635 metropolitan areas is affordable for …
- National
The Two Cities Anticipated to Experience Rising House Prices Following the RBA’s Cash Rate Reduction
by adminMortgage holders and property investors in affluent suburbs of Sydney and Melbourne are poised to gain significantly from the Reserve Bank’s recent 0.25 per cent rate cut, according to property …
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Australian mortgage holders may soon experience some relief as experts increasingly predict a potential interest rate cut by the Reserve Bank of Australia (RBA) during its upcoming meeting next week. …
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Treasurer Jim Chalmers is expected to announce modifications today that will make HECS debts less of an obstacle for individuals seeking home loans. Currently, banks consider student loan debt when …