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Australia’s love affair with fixing ends as refinancing surges
New borrowers have turned their backs on fixing, with just 12% of the value of new home loans fixed in May, according to the ABS.
What is a digital home loan?
With interest rates on the rise as the RBA looks at further raising the cash rate to tackle inflation, many Australian mortgage holders may be looking at their refinancing options. If the home loans offered by the big banks aren’t as competitive as you’d like, a digital home loan may be an alternative to consider.
RateCity in the media
Mortgage deferrals over, penalties back – 7 News
Fix your finances in 2021 - Ch9 news
CBA launches new BNPL platform - Seven news