1/26/2024 0 Comments Home loan arrangeer![]() ![]() There are many features to compare, from offset accounts to payment frequency, so spotting a good deal is about spot-checking as many home loans as possible. That being said, a home loan is more than its interest rate and loan-to-value ratio (LVR). There may be another Reserve Bank rate rise in February, but rate cuts could also happen as early as September 2024.Īltogether, this could mean the savvy Aussie home buyer can move on a dream home that will not only gain in value but get a home loan that could become less expensive (if they opt for variable, not fixed). The property market has some major capital growth in store, if Domain and CoreLogic are bang on the money, and interest rates have largely settled. Home buyers thinking 2024 could be “their year” have good reason to hope. Updated by: Evlin DuBose, home loans writer, 2 January 2024 Home loans monthly snapshot: January 2024 If you decide to apply for a product through our website, you will be dealing directly with the provider of that product and not with Mozo. While we pride ourselves on covering a wide range of products, we don't cover every product in the market. You should make your own decision after reading the PDS or offer documentation, or seeking independent advice. ![]() We don't consider your personal objectives, financial situation or needs and we aren't recommending any specific product to you. Mozo provides general product information. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. Different amounts and terms will result in different comparison rates. *WARNING: This comparison rate applies only to the example or examples given. ^See information about the Mozo Experts Choice Home loans Awards ![]()
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