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Media Releases

More borrowers lock in a fixed home loan rate

12th of September 2012

RateCity found fixed home loan enquiries 3 times more popular in August . Lowest 3-year fixed rate now 5.39% by ME Bank. More borrowers expected to fix their home loans this mortgage season.

watch out for low deposit home loans this mortgage season!

8th of September 2012

RateCity found increase in home loans requiring smaller deposits for bigger home loans. Borrowing capacities can range by almost $1M with the same $40K deposit. First home buyers warned of the dangers with a low deposit home loan.

Australia’s credit card debt binge is over!

29th of August 2012

RateCity found almost no change to credit card debt accruing interest in 12 months. More Australians using their own money to make transactions. Major shake-up needed if card providers want to boost credit card growth.

Competition heats up for fixed home loan deals

23rd of August 2012

46 lenders drop 3-year fixed rates since July. Average 3-year fixed rate at lowest levels in 3 years. Fixed rate borrowers urged to consider refinancing when fixed term ends!

Five years on: tougher banking after GFC

14th of August 2012

August 2012 marks 5 years since GFC began. RateCity study of how GFC impacted Australian banking. What Australians need to know about borrowing and saving!

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