Despite some concerns over the cash rate remaining at its record low, the Reserve Bank is predicted to keep the official cash rate on hold at 2.5% at its board meeting on Tuesday
As the deadline for second round submissions to the Financial Services Inquiry closed this week, small banks bound together in their fight for a “level playing field” in the mortgage lending market.
Two non-major lenders have announced cuts to fixed rates, with one cutting one of its products below 4%
Australian households have a lack of cash savings, according to the latest ME Bank Household Financial Comfort Report.
The fixed rate cutting spree continues, with two more non-majors announcing reductions
When it comes to their share of the home loan market, Australia’s non-major lenders are still finding it hard to compete with the big four