Money Advice Experts in Services – MAXISLoans

Tag: refinancing options

  • Westpac Leads Major Lenders in Home Loan Rate Cuts

    Westpac Leads Major Lenders in Home Loan Rate Cuts

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    As the Reserve Bank of Australia made a significant cut of 25 basis points to the cash rate, the focus shifted to how home loan providers would respond to this change. The big news was Westpac’s decision to lower its variable rates to as low as 5.59% per annum, following in the footsteps of other…

  • Banks Cut Home Loan Rates After RBA’s Rate Reduction

    Banks Cut Home Loan Rates After RBA’s Rate Reduction

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    After the Reserve Bank of Australia’s decision to cut the official cash rate by 0.25 percentage points, the big banks swiftly followed suit by reducing their variable home loan rates. With the official cash rate now at 3.85 per cent, borrowers are set to benefit from lower mortgage rates, making repayments more manageable. While some…

  • Record Low Interest Rates Spark Surge in Home Loan Applications

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    Pepper Money has introduced a groundbreaking initiative, the Prime Time Flex Bomb, aimed at revolutionizing the Australian property market by offering substantial savings to borrowers. The limited-time plan eliminates various fees, including lenders’ mortgage insurance (LMI), lenders’ protection fees (LPFs), and risk fees on prime full-doc property loans. This move is expected to translate into…