Christmas Charity Drive 2019

Helping bring Christmas to bushfire victims Each year Reduce joins in on a local Christmas Charity Drive to help bring joy to less fortunate families and kids in the holiday season. Reduce is joining in on the St Vinnies Bushfire Appeal to help restore some happiness to families whose homes and livelihoods were destroyed by […]

Money Magazine Awards 2020 – Australia’s Cheapest Flexible Home Loan five years in a row!

Low Rider Variable rated Best of the Best Cheapest Flexible Loan 2020

For the fifth year in a row, Reduce Home Loans takes out the top spot as Australia’s Cheapest Flexible Home Loan. Money Magazine held its annual Best of the Best award event yesterday (November 27 2019) to highlight Australia’s top financial products and services for the year ahead. Reduce Home Loans was named Best of the […]

Should you stay or should you go?

Stay with your bank or refinance

Did you know that 2 in 3 Australian mortgage owners think about switching their home loan to another lender? Have you thought the same? According to the Australian Bureau of Statistics (ABS), a report commissioned by the Australian Banking Association (ABA) has discovered that 66% of mortgagors have considered switching to a different lender. Despite […]

Bushfires Rage Across QLD and NSW

Source: News Australia

This Month Reduce is Supporting our local Fireys For the month of September, Reduce Home Loans will be doing their part in donating to the severe fires happening across the country. ‘Over 130 fires are burning across New South Wales and Queensland are experiencing the worst start to the bushfire season in recorded history.‘ – […]

Checking Your Home Loan – A Million Dollar Decision

Compare rates regularly

It pays to shop around for the best rate you can get! Business Insider reports a typical owner occupier borrower has a home loan rate of 4.30 per cent. (That was the average of all the principal-and-interest variable rates listed on RateCity at the end of May.) By contrast, the lowest P&I variable rate on RateCity, […]

June 2019 Rate Cut Frenzy

Battle of the lenders Reduce Home Loans continues to lead the pack with its newly released home following the June RBA Rate Drop, according to comparison site Rate City. Reduce’s Owner Occupier Low Rider Variable Loan sits 0.05% lower than other non-bank lenders in the market, at 3.09% p.a (3.12%*(1) p.a. comparison) with an 80% […]

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 […]