something all lenders have to do from July 1 anyway.NAB escalated hostilities this month when it offered to meet up to $700 in exit fees for people who switch from the Commonwealth Bank and Westpac a the two lenders ahead of it in the home-loan business.Westpac lobbed a grenade back by...
In financial year 2024, the total value of National Australia Bank's home loan lending rose to approximately 416 billion Australian dollars.
In financial year 2024, the total value of ANZ Bank's home loan lending rose to approximately 484 billion Australian dollars.
(Reuters) - All of Australia's "Big Four" banks on Friday passed on the Reserve Bank of Australia's (RBA) latest rate hike to their customers in full, raising their respective standard variable home loan rates by a quarter-point. Earlier this week, the RBA stunned ...
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said satish ranchhod, a senior economist at westpac. urban home rents were expected to rise 3.5%, according to the median estimate from a smaller sample of forecasters, outpacing expected 2.0% consumer price inflation over the next two years from a separate reuters po...
In addition, the number of loan write offs has increased. However, the risks of a significant downturn appear to be somewhat mitigated by low interest rates and better risk management. Interest margins and asset growth Interest margins continue to contract, although banks were able to grow ...
LENDERS have declared war in the home loan market, but for every discount thrown in your direction beware a fee ambush.The big banks are gunning for your home loan business a waiving fees, boosting interest discounts on apackagea loans, promising lower rates for loyalty and even paying for ...