Laine Gordon

More lenders hold back part of the rate cut

A growing number of banks have decided not to pass on the full 0.25 per cent RBA rate cut.

ANZ shocks by not passing on full RBA rate cut

The RBA has finally taken the plunge, cutting the cash rate to a new low of 1.25 per cent.

Rate cut could shave $700 per year off average mortgage

RateCity.com.au expects the Reserve Bank to cut rates tomorrow and then again as early as August.

Greater Bank goes below 3%

Greater Bank has announced it will slash its 1-year fixed home loan for owner-occupiers paying principal and interest by 0.50 per cent to 2.99 per cent.

NAB slashes fixed home loan rates

Rates remain on hold for the 33rd month, but here’s how to get a rate cut

The RBA has resisted calls to cut the official cash rate, but will be looking closely at this month’s employment data, whether wages growth remains flat and potentially the next round of inflation figures, before they pull the trigger.

Westpac slashes fixed rates, pouring more fuel on the fixed rate fire sale

Westpac has announced it is cutting fixed rates on a range of owner occupier and investor home loans by up to 0.20 per cent, effective tomorrow.

New lending rises in February: another ‘blip’ or has the tide turned?

In a surprise move, the ABS lending to households and businesses figures rose in February, with new owner-occupier loans leading the way with a 3.4 per cent increase from the previous month, in seasonally-adjusted terms.

Housing finance tumbles in December, credit cards continue to fall out of favour

ABS figures out today show a dramatic drop in new housing loans, while the number of credit cards are also continuing to fall, according to the RBA.

Cash rate holds as banks court ‘ideal’ borrowers

People refinancing their home loans has hit the same flat line as the official cash rate, despite the revelations in the Royal Commission and the potential savings home owners could make.