Analysis: Worried about rising interest rates, record energy prices and worsening climate change? A new banking trend might help – green home loans | CharlotteGriev1
Worried about rising interest rates, record energy prices and worsening climate change? A new banking trend might help – green home loans.
About 23 per cent of Australia’s emissions are from buildings, with half of that from residential homes. Since launch, the bank has written 320 loans under the scheme, worth $137 million by the end of May 2022. “These products offer savings starting from around $6000, depending on the rate you’re comparing it to,” he says. “My main advice would be not to take the rates quoted on a bank’s website verbatim. Your best bet is to obtain quotes from at least two different banks and play them against each other.”
“I know the energy rating of my fridge, but I don’t know the energy rating of my house – the most valuable asset in my life,” she says.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
The green banking trend that could save you $6000Worried about rising interest rates, record energy prices and worsening climate change? This loan product might help.
Read more »
The green banking trend that could save you $6000Banks are starting to offer mortgage discounts to customers who improve the energy efficiency of their homes, with some granting reduced interest payments for up to five years | ANALYSIS from CharlotteGriev1
Read more »
Neobank Volt to shut down, return deposits to customers after funding strugglesOn its website on Wednesday morning, the digital bank was urging all customers to withdraw their funds from their Volt bank accounts before July 5.
Read more »
Neobank Volt to shut down, return deposits to customers after funding strugglesOn its website on Wednesday morning, the digital bank was urging all customers to withdraw their funds from their Volt bank accounts before July 5.
Read more »
Volt Bank to close, return $100m in deposits to customersBREAKING: Volt Bank will hand back deposits to customers and return its banking license, marking another failure in the neobank experiment.
Read more »
Aware Super in monster $2.2b debt deal; 13 banks chip inWhile everyone’s been watching the glut of RMBS and bank hybrids deals, Aware Super’s quietly pulled off a $2.2 billion syndicated loan via 13 banks.
Read more »