Non-bank lenders pushing harder for market share

Jul 4, 2010( 1 min read )

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Rate update: who has moved

All four of the big banks have announced they will cut variable home loan rates, withholding around half of yesterday’s 25 basis point RBA cut.

Aug 2, 2016( 2 min read )

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Further rate hikes a sign of what's to come'

The Commonwealth Bank is the latest lender to lift interest rates for homebuyers looking to fix their home loan, raising rates on a number of fixed products.

Dec 3, 2016( 3 min read )

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Borrowing cheaper but now more difficult

Home loan rates continue to drive lower in September with more than 220 rate cuts made in the past week, despite today’s RBA decision to leave interest rates on hold at 1.50 per cent.

Sep 6, 2016( 2 min read )

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Cash rate holds at 1.5%, yet mortgage stress on the rise

The RBA has left the cash rate on hold at the historical low of 1.5 per cent today. Yet, new research shows that the financial pressures of paying off a home loan are increasing.

Dec 6, 2016( 2 min read )

RateCity finds non-bank standard variable rates are 37 basis points lower than banks. Non-bank lending dropped by 18% in year ending March 2010. It pays to compare mortgage deals online!

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Under Australia’s responsible lending rules, lenders aren’t allowed to approve $1,500 payday loans if they don’t believe the borrower can make the repayments.

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Non-bank lenders pushing harder for market share

Related articles

Rate update: who has moved

Further rate hikes a sign of what's to come'

Borrowing cheaper but now more difficult

Cash rate holds at 1.5%, yet mortgage stress on the rise

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