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 […]
03
Mar
Mar
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 […]
21
Feb
Feb
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 […]
11
Feb
Feb
House 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 housing […]
06
Feb
Feb
For many of us, home loans tend to be a set-and-forget part of our finances. So what do we do if interest rates get a hike out of the blue? Repayments increase, and disposable income or savings take a hit. Any lender can choose to change their rates at any time for any reason. The […]
04
Feb
Feb
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, […]
03
Feb
Feb
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 […]
23
Jan
Jan
Many Australians dream of designing and building their own home with all the bells and whistles that would suit their personality and lifestyle. But building a house is no simple task. With multiple parties involved including builders, contractors, lenders and solicitors, the whole lending process can get very confusing. Construction loans are designed for borrowers […]
10
Jan
Jan
What is the FHLDS? The First Home Loan Deposit Scheme is an initiative by the Australian Government to help eligible first home buyers enter the property market sooner. It is designed to assist first home buyers who have saved at least 5% of the property value to get a loan without paying Lenders Mortgage Insurance […]
03
Dec
Dec
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 […]