Author Archives: Reduce Home Loans

Reduce Home Loans breaks records with the cheapest home loan rate in Australia

Reduce Home Loans- cheapest rate

As the home loan rate war rages on, leading lowest lender, Reduce Home Loans, has broken records yet again, with a 1.89% variable. The Rate Cutter Variable home loan from Reduce Home Loans comes with a 1.89% variable (1.92% comparison rate), with a maximum loan amount of $1 million to qualify. It is available for […]

What is a Loan Split?

What is a loan split

Lenders can offer many features to go with home loans. We often hear of the terms like “offset account” or “redraw”, but there is another great feature you can take advantage of when organising your finances: Loan Splits. What is a loan split? A mortgage with a loan split facility is essentially one mortgage divided […]

8 more reasons to make the switch: Mozo Expert’s Choice Awards 2020

Mozo Experts Choice Awards 2020

Today Reduce Home Loans has taken out 8 Mozo Expert’s Choice awards across 13 total categories representing some of the lowest cost, highest value products in the home loan space. Financial comparison site Mozo has released its Home Loan Expert’s Choice Awards for 2020. These awards recognise the best value services across many financial sectors […]

Reduce Home Loans follows RBA’s 4th Cash Rate cut in 9 months


Reduce Home Loans drops rates to historic lows following the RBA rate cut announcement  Australia’s Cheapest Home Loan provider reduces its Home Loan rates by the full RBA Cash Rate reduction and slashes rates to 2.44%p.a. (2.47%p.a.*(1) comparison).   Today’s RBA announcement saw the first Cash Rate drop for 2020 of 0.25%. The Cash Rate […]

Bank loyalty doesn’t pay; refinance and save

Loyalty doesn't pay

With home loan rates the lowest they’ve ever been, most Aussies could spare a few minutes to review their rate and consider switching lenders. Why stay loyal to a bank when huge savings could be made by switching? New research from the Reserve Bank of Australia (RBA) has found borrowers with older variable rate home […]

How Does Equity Work in Property?

Equity in property

If you own a property, the difference in the amount you own on that property and its market value is known as equity. When people mention equity, you may be asking some questions like how does equity work in property? The main benefit is your ability to access this equity to secure further finance for […]

House prices on the rise in 2020

Reduce Home Loans- Property

Property prices across the country are showing a rising trend, with the national dwelling value index increasing by 0.9% in January. According to CoreLogic, this takes the annual growth rate to 4.1% – the fastest growth pace over a twelve month period since December 2017. The increase reflects a massive 6.7% turnaround since the property […]

February 2020 | RBA Decides to Hold Interest Rates

RBA holds 0.75%

RBA Governor Phillip Lowe announces a hold to the official Cash Rate at 0.75% Today’s RBA meeting marks the first of 2020: The official Cash Rate will be held at 0.75%. However, many experts are tipping the rate to drop within the next few months following the ongoing national and global pressures.  In a statement, […]

Signs it’s time to refinance

Signs it's time to refinance

When was the last time you reassessed your mortgage? Guest Author: Graham Cooke, property expert at Finder  The home loan market is incredibly competitive. Scores of lenders are vying for customer attention with offers of low interest rates and flexible features. As a borrower, this puts you in an ideal position. If you’re not getting […]

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