home loan customers

A so-called fixed-rate mortgage cliff is about to hit nearly 900,000 Australians who took advantage of cheap home loans during the Covid pandemic.The Reserve Bank (RBA) provided banks access to three-year fixed rate credit as part of their…

Westpac has made a surprise call on interest rates – lowering its forecast that the cash rate will be hiked as high as 4.1 per cent.Instead, the major bank has predicted interest rates will peak at 3.85 per cent and that the Reserve Bank of…

With the latest cash rate increase by the RBA, one bank’s “disgusting” move shows how Aussies are facing a double blow to their finances.The Reserve Bank on Tuesday raised the official cash rate by another 25 basis points to 3.35 per cent,…

More than one-third of Australians are experiencing some form of financial hardship, ranging from being unable to pay a bill or rent on time to covering medical expenses, according to NAB research.The NAB financial hardship survey involved…

Westpac customers will be feeling the pinch of newly increased rates after the bank moved to pass on the interest rate hikes to customers.Both new and existing customers will see their home loan variable interest rates rise by 0.25 per cent…