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Media Releases

Property investors hit the market

3rd of May 2013

Property investment hits highest value since Pre-GFC: ABS. More investors shopping for a loan at Property investors urged to compare investment loans

More borrowers missing repayments

13th of April 2013

40% increase in mortgages 30-59 days in arrears Q412 vs. Q312: Fitch Ratings. Borrowers could face serious financial stress when interest rates rise. RateCity’s Borrowing Budget Guide for all Australian borrowers!

First home buyers hit with tougher hurdle

10th of April 2013

Some first home buyers need extra $1,430 for median-priced house or $810 more for a unit Vs. last year. But silver lining: mortgage repayments $200 more affordable than January 2012. RateCity’s first home buyer tips on saving for a deposit!

First home buyer debt burden: watch your budget!

27th of March 2013

Average first home buyer home loan size almost doubled in 10 years: ABS. Strong auction results expected to continue over Easter long weekend. First home buyers warned to do your research and keep a buffer or risk mortgage stress!

RateCity urges borrowers to consider refinancing

23rd of March 2013

Potential for bigger savings while interest rates have fallen. Refinanced home loans hit almost 2-year low: ABS. Variable borrowers could be missing out on thousands of dollars by not switching home loans!

Aussies still wasting too much money on Foreign ATM fees

22nd of March 2013

RateCity estimates $670 million spent on foreign ATM fees last year - $10 million more than 2011. 4 in every 10 ATM transactions are through other networks each month. Australians urged to plan ahead and avoid paying unnecessary ATM fees!

Are borrowers better off with a fixed mortgage?

15th of March 2013

RateCity found borrowers who fix for two years would still save over $1500 if variable rates fell by 0.50%. New ABS stats show 6% more borrowers fixed in January 2013 YoY. Make the most of home loan market by comparing at RateCity!

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