Reduce Home Loans managed to lower a further 5 bps to maintain the position as lowest variable home loan for November 2017. Strong competition from major Banks who have also lowered their variable rates – especially targeting residential owners with a strong equity position. (LVR of less than 80%)
Best performing variable rate home loans for the month of November 2017
|Top 10 Variable Rate Home Loans for Nov 2017|
|Ranked||Company Name||Advertised Rate||Estimated Upfront Fee|
|1||Reduce Home Loan||3.39%||$900|
|6||Yellow Brick Road||3.58%||$330|
|Source: RateCity & Compiled MoneyAction as at Nov 5 2017|
What will happen to property prices over the next three years?? Read the transcript or listen to this conversation with Phil White, QBE Lenders Mortgage Insurance, CEO under the heading of ”What will happen to property prices over the next three years?”.
Was the ATM fee removal just a PR stunt?? Read the transcript or listen to this discussion with Martin North, Digital Financial Analytics under the title of ”Was the ATM fee removal just a PR stunt?”.
What if a hard working person reasonably wants to get into the housing market? Hear or read the transcript of this interview with Gladys Berejiklian, Premier NSW under the title of ”NSW Premier Gladys Berejiklian – Housing Affordability Package”.
What is driving the deterioration is housing prices? Hear or read the transcript of this conversation with Helena Chang, Vice President, Moody’s Investors Services under the heading of ”Housing Affordability gets worse – Alena Chen Moody’s”.
Are we headed for a Royal Commission into Banks?? Hear or read the transcript of this interview with John Wacka Williams, Senator under the heading of”Are we headed for a Royal Commission into Banks?”.
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