RateCity.com.au

214 articles written by Liz Seatter

Savings Accounts

ANZ announces RBA hikes: how the big four now stack up

The big four banks have now all announced their November RBA rate increases - see how their savings rates now compare.

liz-seatter

Liz Seatter -

02 Nov, 2022 -

4 min read

Home Loans

New home lending plummets as rate rises bite

The value of new home loans being approved has plummeted by $2.26 billion in a month, according to ABS data released today.

liz-seatter

Liz Seatter -

02 Nov, 2022 -

4 min read

Home Loans

On a fixed rate? How to prepare for the cliff

What fixed rate borrowers can do now to get ready for when their ultra-low rate ends and they roll over onto a much higher variable rate.

liz-seatter

Liz Seatter -

31 Oct, 2022 -

5 min read

Home Loans

Higher than expected inflation points to more RBA hikes – could the cash rate get to 3.85%?

Borrowers could be hit with even more RBA hikes than previously expected with annual headline inflation clocking in at 7.3 per cent in September.

liz-seatter

Liz Seatter -

26 Oct, 2022 -

5 min read

Savings Accounts

RBA rate hikes kick in for variable borrowers and select savers

More than half of Australia’s variable mortgage customers will see their rates rise by 0.25 percentage points from today as CBA, NAB, ANZ and Macquarie’s October RBA rate hikes take effect.

liz-seatter

Liz Seatter -

14 Oct, 2022 -

5 min read

Term Deposits

CBA chasing down market leaders with 4% term deposit rates

Australia’s largest bank, CBA, is chasing down the term deposit market leaders by today hiking rates by up to 1.75 percentage points.

liz-seatter

Liz Seatter -

10 Oct, 2022 -

4 min read

Home Loans

RBA hikes shrink average family’s home buying budget by estimated $195,500

As interest rates rise, people applying for a loan are seeing the maximum amount they can borrow from the bank fall because they are paying more in interest.

liz-seatter

Liz Seatter -

10 Oct, 2022 -

4 min read

Credit Cards

Credit card surprise: Record high spending as debt falls to lowest level since 2003

Australians don’t appear to be feeling the heat of the interest rate rises yet, with credit card spending hitting a record high and debt dropping to almost a two-decade low.

liz-seatter

Liz Seatter -

07 Oct, 2022 -

4 min read

Home Loans

How many more RBA rate hikes will there be?

Mortgage borrowers should brace for more interest rate hikes, but just how many RBA increases are coming has economists divided.

liz-seatter

Liz Seatter -

07 Oct, 2022 -

4 min read

Savings Accounts

ING trumps market leaders with 4.05% savings rate

The market-leading savings rate for all adults has now climbed above 4 per cent, as more banks go beyond the RBA hike to attract deposits.

liz-seatter

Liz Seatter -

06 Oct, 2022 -

4 min read