Refinancing soars and first home buyers make a comeback

A growing number of borrowers are switching lenders with refinancing hitting another record high, according to ABS lending indicators released yesterday.

Big four bank RBA wrap – the winners and losers

While the big four banks have announced they will pass on the full RBA rate hike to their variable mortgage customers, many savers have, so far, missed out.

Westpac and NAB announce RBA mortgage hikes but some savers miss out

NAB and Westpac have announced they are passing on today’s 0.25% RBA hike in full to their variable mortgage rates. While Westpac will also hike some savings rates, NAB says its savings rates currently remain under review.

Existing borrowers get bigger RBA rate hikes than new customers

Since the RBA hikes began in May, 33 lenders have passed on full hikes to their variable rates, only to turn around and cut their lowest offers for new customers.

$760 extra a month: the total impact of another 0.50% RBA hike

The RBA is tipped to hike the cash rate again tomorrow by 0.50%, taking it to 2.85 per cent, the highest rate since April 2013.

Fixed rate shake up: home loan changes from CBA and ANZ today

Two of Australia’s biggest banks have today shaken up their fixed home loan rates, four days before the RBA is expected to hike the cash rate again.

Westpac September RBA rate changes kick in today

Westpac’s savings and home loan RBA rate increases take effect today, four days after CBA, NAB and ANZ increased their rates.

RBA Governor says more rate hikes to come - what this means for borrowers

The average borrower could see their monthly mortgage repayment rise by more than $900 in total if the cash rate rises as forecasted.

Higher home loan rates kick in today as NAB and ANZ concede some savings hikes

While variable mortgage rates are on the rise today for most big four bank customers, savings rates are also going up – but only on select accounts.

September RBA wrap – find out who’s moved home loan and savings rates

Following the RBA’s 0.50 percentage point hike last Tuesday, here’s how the big four bank home loan and savings rates are changing.