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 […]

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

Dwelling Prices Rising in 2020

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 […]

February 2020 | RBA Decides to Hold Interest Rates

Reserve Bank of Australia

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 […]

How do Construction Loans work?

Construction Loan

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 […]

What you need to know about the First Home Loan Deposit Scheme

First Home Buyers

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 […]

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 […]