Westpac has made a series of changes to its home loan interest rates, with some falling by as much as 30 basis points and others rising by as much as 15 points.
As the RBA leaves the cash rate on hold, new research has revealed the average home loan customer could save $82K by switching from a big four bank, to a low rate online lender.
Representatives of Australia’s housing industry are concerned that increased scrutiny from the banking Royal Commission could disrupt the nation’s mortgage lending, which could in turn affect future housing supply.
Sydney is the only capital where it’s almost impossible to buy an apartment in the heart of the city for less than $500,000, new research has found.
ANZ has dropped the fixed interest rates on selected residential investment home loans, including principal and interest, interest only and interest in advance options.
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