Big Bank bust up, NAB goes it alone on behalf of its customers

NAB has bucked the rate-hike trend, announcing it will leave its standard variable rate on hold at 5.24 per cent today.

Banks use hot rates to lure new business, loyal borrowers pay the price

Banks are flooding the market with home loan products that offer special rates to drum up new business, while loyal customers pay the price.

First home buyers at a six-year high

First home buyers have claimed their biggest slice of the housing finance pie in almost six years, despite an overall slide in today’s ABS housing finance figures.

RBA leaves the cash rate on hold as more banks slash fixed rates

The Reserve Bank has kept the cash rate on hold at 1.5 per cent today, marking two years since official rates last moved.

ANZ bucks the trend and cuts home loan rates

Australia’s third largest lender, ANZ, has slashed some of its home loan rates, as competition heats up in a flagging market.

Honeymoon rates leave a $33,000 sting in the tail

New research from RateCity.com.au shows more than a dozen lenders are using honeymoon rates to attract new home loan customers, with deals that could see borrowers up to $33,573 out of pocket within five years, and $140,816 over 30 years.

Home loan specials, the real cost of rewards

Cash rate holds, hundreds of thousands of borrowers face hikes

The RBA has left the cash rate on hold at 1.50 per cent today yet as many as 362,800 home loan customers will face higher repayments this month as lenders continue to hike home loan rates out of cycle.

Loans with no interest attached

As more Australians slip below the poverty line and struggle to make ends meet, our reliance on credit cards and loan sharks has increased, reports suggest.

Small deposit loans hit historic low as credit crunch sets in