The Australian home loan market is ultra-competitive at present. With interest rates at record lows, it’s absolutely a buyer’s market! The key is to shop around. Consider using a mortgage broker to negotiate a loan on your behalf and help you find a home loan that is tailored to your needs.
Remember that having pre-approved finance is a great advantage when attending the often competitive environment of home auctions. It allows you to know what is your price limit and how much your repayments are likely to be.