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Rising household wealth to drive more car purchases
More Australians have been buying motor vehicles and applying for car loans than at this time last year, with more money expected to be spent on cars in the year to come.
Sign of future hikes? More banks lift 4-year fixed home loan rates
RateCity research has found that since 1 March, 16 lenders have increased 4-year fixed home loan rates. This is no doubt being influenced by comments from RBA Governor, Philip Lowe, indicating that the cash rate is unlikely to increase until inflation targets are met – potentially in 2024.
More news? Read more here
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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
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Since 2007, RateCity has pioneered financial comparison in Australia, with the single goal of helping you save time, money and stress and making smart financial decisions. We do this through our easy to use calculations, comparison tools, guides and information, product expertise and extensive market coverage.