Tag: loan comparison tool
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Home Loan Repayment Discrepancy Widens in Australia
Recent data analysis has uncovered a significant discrepancy in home loan repayments among various lenders in Australia. The current gap stands at $2000 per month and is projected to widen further. According to findings by Finder, while many lenders have passed on rate cuts to borrowers after the Reserve Bank of Australia’s adjustments earlier this…
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Home Loan Market Competition Intensifies Amid Anticipated Rate Cuts
Competition in the home loan market is intensifying as lenders gear up for the Reserve Bank’s upcoming board meeting, where a 0.25% interest rate cut is widely anticipated. With economists predicting this rate cut, many borrowers are already benefiting from reduced rates, with over two dozen lenders slashing their fixed rates in recent weeks. The…