Relief for borrowers, but use time wisely

RateCityMay 31, 2010( 1 min read )

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Refinancing on the rise, as rates stall

As the RBA leaves rates on hold at 1.50 per cent today, new figures show the number of Australians refinancing their home loans is on the rise.

Nov 1, 2016( 3 min read )

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RBA stalls, yet home loan rates continue to drop

The RBA may have left the cash rate unchanged at 1.50 per cent at today’s Board meeting, but home loan rates continue to drop with close to 200 cuts in the past month.

Oct 4, 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 )

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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 )

Reserve Bank leaves the cash rate unchanged at 4.50%. Value of home loans lowest since March 2008: ABS data. Paying down debt is the best option for most borrowers.

RateCity

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FAQs

Yes, it may be possible to get a $1,500 payday loan with bad credit. Some payday lenders give loans to people with bad credit histories if they believe the borrower has the capacity to repay the loan.

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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