Australian home buyers need six-figure savings to afford a home loan deposit
The costs of a 20% home loan deposit continue to soar, but could it cost Australians more to pay less upfront? Read more, here at Mozo.
Source: mozo.com.au
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Can you afford a $600,000 home? Here's how much you'll need to get started
Australia’s average mortgage size clocks in at just under $600,000. So how much money does it take to buy a home at this price? Read more, here at Mozo.
Source: mozo.com.au
'Had our Phil': Inflation, interest rate, and home loan lessons from the Philip Lowe era
RBA governor Philip Lowe leaves a complicated legacy. Here are the main takeaways Australians and home buyers can learn. Read more, here at Mozo.
Source: mozo.com.au
Will the RBA hike the cash rate in June 2023? CBA, ANZ, NAB, and Westpac home loan predictions
After a surprising pivot in May, leading economists at Australia’s big banks expect the RBA to hold the cash rate in June. What is their reasoning? And is the rate cycle over? Read more, here at Mozo.
Source: mozo.com.au
Which big banks have been right about RBA rate hikes?
Commonwealth Bank, NAB, ANZ, and Westpac make up the majority of the Australian banking sector. How have their predictions about official interest rates held up so far? Read more, here at Mozo.
Source: mozo.com.au