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NAB slashes fixed home loan rates

The major bank has announced cuts to fixed home loan rates of up to 55 bps, while forecasting house price growth of around 10 per cent this year.

NAB slashes fixed home loan rates
LATEST PODCAST: BOQ’s acquisition of ME Bank

The Mortgage Business Uncut podcast is your weekly analysis of the biggest themes shaping the Australian mortgages market.

LATEST PODCAST: BOQ’s acquisition of ME Bank
Non-bank launches $5m capital raise

Digital lending and payments fintech WLTH has opened a $5-million seed funding round to grow its technology platforms and reach its lending goals.

Non-bank launches $5m capital raise
Mortgage demand up 19.3% in December quarter

Mortgage applications surged in the December quarter amid a slump in consumer credit applications, with WA the standout, according to data.

Mortgage demand up 19.3% over December quarter
Firstmac unveils SMSF product

The non-bank lender has launched a residential SMSF loan product with both variable and fixed-rate options.

Firstmac unveils SMSF product
CBA announces green loan

The major bank has launched a green loan pilot program to enable its customers to purchase and install renewable technology.

CBA announces green loan
FHLDS reissuances must be reserved in FY21

Borrowers wishing to apply for a reissued First Home Loan Deposit Scheme place from 2019-20 must apply before 30 June, the NHFIC has revealed.

FHLDS reissuances must be reserved in FY21
More FHLDS options amid falling unit prices

There are now an average of 107 capital city suburbs where the median value of property meets the FHLDS thresholds, according to CoreLogic.

More FHLDS options amid falling unit prices
Non-major bank lowers investor interest rates

ING Bank has announced a change in some variable and fixed interest rates for investment loans.

Non-major bank lowers investor interest rates
Loan commitment levels continue to soar

New home loan commitments have continued to soar and break records, driven by owner-occupier home loans, first home buyers and even investors, according to data.

Loan commitment levels continue to soar
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