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, […]
Category Archives: In The Media
21
Mar
Mar
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 […]
20
Mar
Mar
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 […]
15
Feb
Feb
Switch from the Banks and Save Effie Zahos, Editor of Money magazine appeared on The Today Show this morning, offering helpful advice for Australians. This follows uncertainty after the Royal Commission (RC) report was released on Monday 11 February 2019. “With the average home loan rate at 4.37%, it makes sense to make the […]
13
Jan
Jan
More Choices for Low Mortgage Rates Research Director of RateCity Sally Tindall claims “fixing is a strong option for borrowers in 2019”. The immediate future of home loans and mortgages is volatile with the pending Royal Commission report due in February. While fixing may look appealing to many borrowers, Sally Tindall quoted many low cost, […]
29
Nov
Nov
Reduce Home Loans has hit the top again taking out Money Magazine’s Best of the Best Cheapest Home Loan for 2019. Money Magazine is an independent publication that shortlists and selects the most beneficial financial products and institutions for Australians each year. The awards were held in Sydney, 28 November 2018. “74% of Australians have […]
06
Nov
Nov
Channel 9 News Lowest Variable Rates Home loan interest rates have been a hot topic in recent months. Banks and non-bank lenders continue to compete with rising international costs of funding, despite the RBA Cash Rate on hold for a record 2 years at 1.5%. These rising international costs have placed pressure on lenders to […]
20
Sep
Sep
Reduce Home Loans rated 5 Stars again by Canstar Canstar’s 6-monthly 5 Star Ratings were released last week (September 13, 2018), and Reduce Home Loans has been awarded 5 Stars for variable owner-occupied and investment home loans. The Star Rating system is devised to help customers assess products across a variety of profiles, from insurance […]
Blog, In The Media
Media Release: Queensland remains hotspot for property investors in first quarter of 2018
28
May
May
Hotspot for Property Investors Reduce Home Loans’ first-quarter sales data has revealed that property investors in New South Wales and Victoria continue to dominate the mortgage sector overall. Accounting for the location of nearly two-thirds of all properties settled in the period and the highest average values, the Sunshine State remains the firm favourite for […]
09
Apr
Apr
The magic number: how does home loan rate stack up Home Loan Rate: Things You Didn’t Know Do you think you know enough about your home loan rate? Ben Tosi of Mozo shares about how your home loan rate stack up. According to research, 3.70% is the benchmark for home loan rates which means if […]