Category Archives: Home Loans

ANZ Cuts Interest Rates By 0.27%

10-05-2013 4-15-13 PM

Well played, ANZ. After three of the big four banks passed on the Reserve Bank’s 25 basis point rate cut to customers earlier this week, ANZ Bank has exceeded everybody’s expectations by cutting its own standard variable rate by 0.27 … Continue reading

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Banks Pass On Full RBA Rate Cut

1-05-2013 12-42-26 PM

Happy news for homeowners – three out of the big four Australian banks have passed on the full Reserve Bank rate cut announced yesterday, with the fourth likely to follow suit. The RBA cut the official cash rate by 25 … Continue reading

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CBA to Acquire Aussie Home Loans

CBA

The Commonwealth Bank has confirmed plans to take control of mortgage broker Aussie Home Loans, a move which will increase its position as Australia’s number one home loan provider and, potentially, tighten the big four bank’s stranglehold on the mortgage … Continue reading

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Follow The Yellow Brick… Bank

YellowBricksmall

Speculation of a new competitor entering the Australian home loan market has come to fruition today with confirmation of an agreement between Mark Bouris’ Yellow Brick Road and Macquarie Bank. The combination of Yellow Brick Road’s 130 store retail network … Continue reading

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More First Home Buyers Underwater

NEgative-Equity-Thumb

Sobering news for first home buyers: the latest Australian Mortgage Industry Report shows that more and more first-home applications are being rejected, and those who have purchased a home since 2008 may face the prospect of being in minimal or … Continue reading

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Best Names for Good Credit Ratings

Best names

UK comparison website Confused.com has released details of the names most likely to have a great credit rating in Britain – and the worst. Having recorded data from thousands of website users over the past year, the site has listed … Continue reading

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