Tag: home loan refinancing
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ANZ Slashes Fixed Home Loan Rates Amid Market Shift
ANZ has recently announced a significant reduction in its fixed-rate home loans, offering rates as low as 5.19% per annum for certain borrowers. This move comes ahead of the Reserve Bank of Australia’s upcoming meeting, where the cash rate is expected to be a focal point of discussion. ANZ’s decision to lower its fixed rates…
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ANZ and Bank Australia Cut Rates Amidst Competitive Mortgage Market
As the Reserve Bank of Australia (RBA) decision on interest rates looms, the banking landscape is in flux. ANZ and Bank Australia have chosen to reduce rates, while AMP has decided to increase them, going against the trend. The Ultimate Guide for Home Buyers in Australia 2025 | $16.39 With all four major banks anticipating…
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Refinancing Surges in Australian Mortgage Market Amid Rate Adjustments
Refinancing activity in the Australian mortgage market has surged to an 18-month high, with nearly 100,000 borrowers switching lenders in the first quarter of 2025, according to data from the Australian Bureau of Statistics (ABS). This increase in refinancing comes amid heightened competition among lenders, driven in part by the Reserve Bank of Australia’s (RBA)…