Australia’s big four banks have now all announced cuts to their interest rates, following the RBA’s decision to drop the cash rate to a historic low of 0.75%.
Australia’s cash rate has been cut for the third time in four months. Savings.com.au will keep you updated with the latest home loan rate cut announcements from some of the nation’s most popular lenders.
Popular online lender ING has jumped the gun, cutting rates on a number of its fixed home loan products for owner-occupiers and investors by up to 75 basis points.
Despite desperately wanting to own a house, the number of millennials who have given up on the hope of moving out of home before the age of 30 has skyrocketed.