Kylie Moss

Content and Community Director at Mozo

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mozo.com.au

Articles

Is now the time to refinance?

1 week ago | mozo.com.au | Kylie Moss

The RBA has cut rates by 0.25% for the second time this year and much to the relief of borrowers across Australia most banks and lenders are following suit. So while for many home owners with variable rate mortgages this means lower monthly repayments, it also means loan serviceability requirements will reduce and for some, this opens up the opportunity for you to refinance. And this could mean even bigger savings, especially if you’ve been stuck with an uncompetitive home loan rate.
This is the number 1 mistake Aussies are making with their savings. Are you guilty?

1 month ago | mozo.com.au | Kylie Moss

Mozo recently released the findings of our annual savings report and shockingly, despite the high cost of living, many Aussies continue to throw money down the drain. The number one mistake we found Aussies are making with their savings is that rather than have a dedicated savings account or term deposit, one in three people continue to keep their savings in their everyday transaction account earning little to no interest.
Heading overseas this Easter? You must do this before leaving Australia or you could find yourself out in the cold.

1 month ago | mozo.com.au | Kylie Moss

According to some reports, more than 840,000 people are booked to go through Australia’s domestic and international airports through the easter long weekend alone. While airport chaos at this time of year is pretty much a given, what you don’t want is the added stress of boarding the plane, sitting down to a glass of bubbly, and then remembering that you forgot to get travel insurance.
This superfund just won an award for Best Super for GenZ but you've probably never heard of them

1 month ago | mozo.com.au | Kylie Moss

If you're a Zoomer (born 1997 - 2012), retirement might feel like a long way off, or if you’re one of the thousands of people worldwide keen to embrace the Financial Independence Retire Early (FIRE) movement, maybe not. But regardless of your life ambitions, if you work for an employer at any time during your working life in Australia, you’ll need a super fund.
Put an end low rate FOMO with these top home loans

2 months ago | mozo.com.au | Kylie Moss

While there’s a lot of uncertainty in the global market right now, it could be an opportunity for you to make some smart money moves with your mortgage. There’s been a lot of activity in the home loan market in recent months, and lenders big and small are fighting it out for new customers with low home loan rates and deals that haven’t been this low since the Covid pandemic. And don’t be put off by thinking that small rate differences don’t mean much.
Best home loans to crush your mortgage in 2025

2 months ago | mozo.com.au | Kylie Moss

If saving money on your home loan in 2025 is what you’re after, then you've come to the right place. Discovering a great value home loan could mean the difference between tens of thousands of dollars saved in interest over the course of your loan, but in practice it can be hard to find the best option amongst the dozens of different lenders and rates on the market.
5 lesser-known mortgage lenders to put on your radar

2 months ago | mozo.com.au | Kylie Moss

There are two key things every person wants in their home loan: a low rate and a lender they can trust. If you live in WA and you’re not familiar with P&N Bank, now’s the time to put them on your radar. According to the Mozo database^, the average variable home loan rate is 6.41% p.a., while P&N’s home loan rates start from as little as 5.88% p.a (5.91% p.a. comparison rate*) for borrowers with 40% equity or deposit. Its 2 year fixed rate is even lower at 5.74% p.a. (6.01% comparison rate*).
CBA-backed Unloan home loan continues its award-winning streak

Feb 19, 2025 | mozo.com.au | Kylie Moss

Unloan, the digital home loan lender, built by CommBank has once again come out triumphant in the Mozo Experts Choice Home Loan Awards, taking out an award for the third year in the Low Cost Home Loan Category. The awards are an annual head to head comparison of 450+ home loans in Australia, to award the best value ones for Australians, with the Low Cost Category among the most coveted.
Why term deposits aren’t just for boomers

Feb 2, 2025 | mozo.com.au | Kylie Moss

If you’re not in the financial comparison game like we are here at Mozo, you may be unaware that it’s a lot harder to get a high interest rate on your savings account without some kind of ‘condition’ attached. Now, don’t get us wrong. Sometimes those conditions are a great incentive to stick to your savings guns because if you don’t, you won’t earn extra interest, but other times they can be burdensome.
Macquarie makes a splash with cuts to fixed home loans

Feb 2, 2025 | mozo.com.au | Kylie Moss

With anticipation building around a possible RBA rate cut in February, borrowers and mortgage holders are eagerly watching the market and considering their options. And in a move sure to send savvy switchers and new borrowers their way, Macquarie Bank has dropped rates across its 1- 3 year fixed home loan terms of up to 0.16%. This means, the 2 year rate for its Basic Home Loan for owner occupiers is now at a low 5.55% p.a. (6.02% comparison rate*) for borrowers with a 30% deposit or equity.