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Rate Watch 2019: Three Of The Big Four Banks Push Interest Rate Hike To Customers

Posted by on 26 September 2018

After years of historic lows, interest rate rises are set to add thousands to Aussie mortgages. This is how to protect your loan. Get Started First, it was Westpac, now ANZ and CBA have followed through with an out-of-cycle interest rate hike that’s set to add hundreds a year to Aussie mortgage repayments*. Typically a […]

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This is how the banks are rewarding loyal Australian mortgage holders.

Posted by on 27 November 2017

Compare Now The Reserve Bank’s Head of Domestic Markets, Dr Marion Kohler, has revealed just how much the banks are rorting their loyal customers when it comes to home loans. Over the past two years, loyal owner-occupiers and investors have been stuck on increasingly poor rates, while the discount for new customers just seems to […]

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If Australia’s Property Boom is Over What Does It Mean for Your Mortgage?

Posted by on 16 November 2017

With higher interest rates and tighter lending restrictions on the way, Australians are being urged to prepare for a market downturn. Compare Now Global investment bank UBS has been the first to cry downturn after Sydney home prices fell for the 2nd consecutive month. The historic call follows weak clearance rates alongside either a drop […]

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If Your Mortgage Rate Doesn’t Start With a 3, You’re Overpaying

Posted by on 3 October 2017

Despite low interest rates, many Aussies still overpaying on their home loans Compare Now Millions of Australians are paying too much for their home loans, even though a lower interest rate is available. In fact, the Reserve Bank of Australia (RBA) estimates that the average Aussie is paying at least half a percentage point more […]

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Is your home loan safe from Australia’s $1.6 trillion debt bomb?

Posted by on 25 September 2017

With interest rates at risk of rising 50 basis points in a stagnating economy Aussies should be worried. Compare Now Experts at ANZ are predicting that the Reserve Bank of Australia will bring in two rate rises by this time next year. This has sparked fears that house prices will fall and Aussies will be […]

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Do you have a variable home loan? You need to read this

Posted by on 11 September 2017

Expert predicts mortgage rates to climb to 3.5 percent, so it’s a good time to compare home loans. Compare Now Mortgage rates could be on the verge of skyrocketing over the next two years, if one expert’s predictions prove to be true. John Edwards, former board member of the Reserve Bank of Australia, has warned […]

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Big banks drowning Aussies with mortgage rate rises but there’s relief in sight.

Posted by on 11 September 2017

Cash rate stays low but banks are raking in the profits by raising rates on Aussie homeowners. Compare Now Aussie homeowners are being fleeced by profit-gouging banks, who are hiking mortgage rates without warning. Despite the RBA cash rate remaining at a record low, rates have gone up on 4.3 million variable rate home loans.* […]

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Home loan rates tipped to rise. Here’s how to save…

Posted by on 21 August 2017

Aussie mortgage holders taking advantage of the chance to save before a tipped RBA rate rise Compare Now The Reserve Bank of Australia has given homeowners a major clue that a rate rise could be in the works. In its most recent public statement, the RBA indicated that rising household debt is a major concern, […]

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The dirty little home loan secret costing you thousands

Posted by on 21 August 2017

Banks traditionally overcharge on mortgages, profiting from homeowners who don’t shop around. Get Started You may think you’re getting a good deal on your home loan, but new data shows that you’re probably not. Banks are overcharging customers a significant amount on their mortgages, profiting from homeowners who don’t shop around. Thankfully, consumers are able […]

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If Your Mortgage Rate Doesn’t Start With a 3, You’re Overpaying

Posted by on 13 March 2017

Compare Now Millions of Australians are paying too much for their home loans, even though a lower interest rate is available. In fact, the Reserve Bank of Australia (RBA) estimates that the average Aussie is paying at least half a percentage point more than they should. If the interest rate on your home loan doesn’t […]

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