Author Archives: Reduce Home Loans

WE’VE SLASHED INTEREST RATES FOLLOWING TODAY’S RBA ANNOUNCEMENT

RBA Announcement Rate Cut to all time low of 1.25%

Reduce is offering the full 0.25% drop The RBA announced a 0.25% interest rate cut to the cash rate today to an all-time low, and Reduce is following the decision with the maximum 0.25% rate cut, providing its customers with rates as low as 3.19% Variable. We are acting quickly and applying the rate drop immediately, […]

Millennials are making the housing downturn work in their favour

Millennials using housing downturn in their favour

Australia is experiencing one of the steepest housing downturns since the 2007 global financial crisis, where property prices fell by as much as 5%. Yet after peaking in October 2017, house prices have dropped once more, with a 6.1% reduction in value across the country’s major capital cities. While this market dip isn’t exactly welcome news […]

Helping the Homeless in May

Homelessness in Australia

“It all starts with a welcome, a meal, a relationship…” This May Reduce Home Loans is supporting homeless people in our communities who are the most vulnerable. The Sacred Heart Mission is a not-for-profit organisation dedicated to helping the homeless rebuild their lives. The charity offers year-round assistance through community fundraising, meal donations and personal […]

2019 Pre-Election Budget

2019 Pre-Election Budget Released

How will the proposed 2019 Budgets affect home owners and investors? Last week, Scott Morrison and Bill Shorten released their proposed budgets following the national election on May 18 2019. Many topics including infrastructure, employment and health services were addressed, which covered the news headlines. Housing affordability plans and assistance schemes were given mention by […]

April is Sexual Assault Awareness Month

April is Sexual Assault Awareness Month

Support after sexual assault is out there, 24/7. The month of April is dedicated to raising international awareness of sexual assault upon people of every age. The drive aims to promote help and support for victims of sexual abuse. Sexual assault is not just limited to any age or gender. Victims can experience assault at […]

Reduce Home Loans Awarded Mozo Experts Choice 2019

Reduce Home Loans awarded Mozo's Experts Choice 2019

This year Mozo compared 436 home loans across 85 bank and non-bank lenders to recognise the best value loans in the market for 2019. The awards were announced on March 21. Reduce Home Loans came out amongst the top, awarded Experts Choice Award across 5 Owner Occupied categories:   Find out more about how Mozo […]

Awarded Canstar 5-Stars for Outstanding Value 2019

Canstar 5 star awards for outstanding value 2019

Yesterday (March 20, 2019) Canstar announced their latest star ratings for the Home Loans category. Big Banks were not included in Canstar’s best home loan deals. For the 5th year in a row, Reduce Home Loans has been awarded 5 Stars for Outstanding Value – this time across three home loan categories. Reduce Home Loans was […]

Support Epilepsy Smart Schools

Epilepsy Smart Schools: Educate Me, Include Me

Support Epilepsy Smart Schools Initiative As part of Epilepsy awareness month, Reduce Home Loans is dedicating support toward research and funding toward epileptic research; and raising awareness for the need to support families affected by the disorder.   Epilepsy isn’t just one disorder. It is a family of brain disorders that causes convulsive and non-convulsive […]

How relevant is the Cash Rate, anyway?

Does the cash rate affect mortgage rates as much as we think?

On Tuesday (05 March) the Reserve Bank of Australia (RBA) held its monthly monetary policy meeting. The RBA elected to hold the official cash rate at a record low of 1.5% for the 36th consecutive month. The last cash rate change was in RBA’s August 2016 monetary policy meeting; a cut of 25 Base Points […]