Jasmine Gearie

2 weeks ago | mozo.com.au | Jasmine Gearie

The Commonwealth Bank dominates the mortgage market in Australia, and if you’re considering the major provider for your home loan, it’s worth looking at its online-only Digi Home Loan as it’s where you’ll find CommBank’s lowest variable interest rates. We also suggest adding digital lender Unloan to your shortlist. Unloan is owned and backed by CommBank, but operates as a separate brand so you won’t find its loans advertised on the CommBank website or with mortgage brokers.

3 weeks ago | mozo.com.au | Jasmine Gearie

Macquarie has cut another 20 basis points off its fixed rate home loans, vastly undercutting what’s on offer at the Big Four banks. With its two- and three-year fixed rates now starting at 5.29% p.a. for owner occupiers, Macquarie has the equal-lowest rates for these terms that are available to anyone. This is the second time that Macquarie has dropped its fixed rates in the past month, signalling intense competition among home loan lenders seeking to lure in new customers.

1 month ago | l8r.it | Jasmine Gearie

Dozens of banks have cut their term deposit rates this week, an early indication that providers are confident of another rate cut after the Reserve Bank’s meeting in May. Commonwealth Bank, NAB and Westpac are among those which scaled back their term deposit interest rates this week, with cuts of up to 1.00% p.a.They’ve been joined by several other providers also slicing term deposits, including Bankwest, ING, Judo Bank, Macquarie, St.George and many more.

1 month ago | mozo.com.au | Jasmine Gearie

Dozens of banks have cut their term deposit rates this week, an early indication that providers are confident of another rate cut after the Reserve Bank’s meeting in May. Commonwealth Bank, NAB and Westpac are among those which scaled back their term deposit interest rates this week, with cuts of up to 1.00% p.a.They’ve been joined by several other providers also slicing term deposits, including Bankwest, ING, Judo Bank, Macquarie, St.George and many more.

1 month ago | mozo.com.au | JP Pelosi |Jasmine Gearie |Cameron Thomson

LiveMozo’s live blog – Day of April 11Stay on top of the latest in Australian banking. See interest rate changes, get news and product updates, follow market insights and read our expert analysis. 4:00pm Friday 11 AprNAB cuts fixed home loan rates by up to 55 basis pointsNAB has slashed up to 0.55% off its fixed rate home loans as we inch closer to the Reserve Bank of Australia’s (RBA) next meeting in mid-May, and its rates are now giving some smaller lenders a run for their money.