Westpac

RAMS to cut savings account rate by a further 20 basis points

One of the market-leading savings accounts, the RAMS Saver, will have its interest rate reduced by 20 basis points tomorrow.

By William Jolly ● August 22, 2019

ANZ, CBA, NAB & Westpac have all cut term deposit rates this month

The lack of a cash rate cut in August hasn’t stopped some of Australia’s largest banks from lowering term deposit rates, with each of the big four slashing rates for fixed-rate savers.

By William Jolly ● August 16, 2019

Big four fixed rate cuts: Is it time to fix your rate?

Amid strong expectations of further cash rate cuts and tentative signals of a property market rebound, Australia’s largest banks are among the many lenders tempting mortgage-holders to lock in their interest rates with some attractively low fixed-rates.

By Dominic Beattie ● July 29, 2019

Westpac, NAB & others cut savings account and term deposit rates

This week’s rate changes on the savings account and term deposit market saw more banks cutting interest rates, with Westpac and NAB headlining the latest movements.

By William Jolly ● July 19, 2019

Westpac and ANZ cut serviceability rates for home loans

Two of the big four banks have cut their serviceability rates, in line with changes to rules by the Australian Prudential Regulation Authority (APRA).

By Alex Brewster ● July 16, 2019

Westpac, ANZ, Macquarie and others cut fixed home loan rates

In the wake of cuts to variable home loan rates following the Reserve Bank’s decision to lower the cash rate for a second time in as many months, a number of lenders have also made big rate reductions to fixed home loan rates.

By Emma Duffy ● July 12, 2019

How the big four banks responded to the RBA rate cut

All of the big four banks have announced cuts to their home loan interest rates after the Reserve Bank of Australia (RBA) dropped its cash rate to a record low of 1% yesterday.

By Emma Duffy ● July 03, 2019

Westpac overhauls first home buyer mortgage offering

Westpac has revamped its first home buyer offering by introducing new owner-occupied products and removing some of their fixed rate investment loans.

By Emma Duffy ● June 13, 2019

How ANZ, CommBank, NAB and Westpac responded to the RBA’s cash rate cut

Within hours of the RBA’s decision to reduce the cash rate by 25 basis points, each of the big four banks announced cuts to home loan interest rates.

By William Jolly ● June 05, 2019

Westpac forecasts 0.75% cash rate – home loan rates to fall below 3%?

Australia’s cash rate is set to plunge to 0.75% by the end of 2019, according to Westpac’s latest forecasts

By Dominic Beattie ● May 24, 2019

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