NAB and other banks cut mortgage rates

National Australia Bank (NAB) last week cut variable mortgage interest rates on selected loans for new owner occupiers making principal and interest repayments. Other banks that also shifted their rates last week included AMP, Teachers Mutual Bank and Adelaide Bank.

Mobile banking use up, and we’re mostly satisfied

In the wake of the Royal Commission, it can be hard to imagine that we’re satisfied with our banks, and yet in at least one area, it’s mostly smiles.

Do Australians prefer banks to brokers?

With sweeping changes to mortgage broker remuneration on the table in the wake of the recent banking royal commission, new figures indicate that Australian mortgage holders may be more satisfied with their experience when applying for a mortgage directly through a bank branch.

Eftpos on Android adds Google Pay support to St George, BankSA

February finishes with mortgage rate rises

Several lenders increased variable interest rates on selected home loans in the last week of February, though there were also cuts to interest rates for some fixed rate loans.

Suncorp discounts variable mortgage rates

Suncorp has recently increased the discount on selected variable rate home loans for new customers by ten basis points.

AFCA preparing to investigate a decade of complaints

The Australian Financial Complaints Authority (AFCA) will soon be able to investigate and resolve financial complaints dating back more than ten years, following the results of the banking royal commission.

Bendigo Bank and Credit Union SA cut mortgage rates

Bendigo Bank and Credit Union SA recently cut variable interest rates on selected home loans, in a month where several other lenders have increased rates.

Lenders adjust fixed home loan interest rates

Several Australian banks have adjusted their home loan interest rates this week, with some lenders lowering their fixed rates, while others increased theirs.

UBank launches Mia, the digital human home loan assistant

Would you get a home loan from a robot mortgage broker? You may soon get your chance to find out, thanks to the new ‘digital human’ home loan assistant that’s been introduced by Ubank and FaceMe.