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Home Loan News

The latest home loans mortgage news and tips

Mark Bristow

Personal Finance Editor

Queensland doubles first home owner grant – what this means for you

The Queensland state government has announced that it would be doubling the state’s first home owner grant (FHOG) from $15,000 to $30,000, in what was described as a pre-Christmas bonus. So how does this affect Queenslanders hoping to put their first foot onto the property ladder in the new year?

Home Loans

20 Nov, 2023

5 min read

Queensland doubles first home owner grant – what this means for you
Mark Bristow

Personal Finance Editor

Some of the top-rated home loans for investors and refinancers in November 2023

Many of Australia’s banks and other mortgage lenders have already announced that they’re raising their home loan interest rates following the Reserve Bank of Australia (RBA) board’s November 2023 meeting. Homeowners and investors hoping to get a better mortgage deal may need to look beyond a home loan’s cost and consider the overall value offered by different lenders.

Home Loans

15 Nov, 2023

3 min read

Some of the top-rated home loans for investors and refinancers in November 2023
Eden Radford

External Comms Lead

CBA to lift rate on 3-year fixed mortgages in addition to variable hikes

CBA, Australia’s largest bank, will be increasing the rate on its 3-year fixed mortgages, for both owner-occupiers and investors by 0.30 percentage points, effective in two days’ time (17 November).

Home Loans

15 Nov, 2023

3 min read

CBA to lift rate on 3-year fixed mortgages in addition to variable hikes
Alex Ritchie

Personal Finance Editor

Tiimely change for Tic:Toc: rebrand for online-based mortgage provider

One of Australia’s most competitive online-based mortgage providers is rebranding. Effective as of today, 14 November, Tic:Toc will be changing to Tiimely Home.  

Home Loans

14 Nov, 2023

3 min read

Tiimely change for Tic:Toc: rebrand for online-based mortgage provider
Alex Ritchie

Personal Finance Editor

When will your bank hike your mortgage rate and how much could it cost you?

30 lenders have announced plans to increase variable home loan rates, including the Big Four Banks. Homeowners are likely wondering when they can expect this latest increase to take effect, and how much it’ll put them out-of-pocket. 

Home Loans

13 Nov, 2023

4 min read

When will your bank hike your mortgage rate and how much could it cost you?
Peter Terlato

Personal Finance Editor

How renting out a room could help pay off your mortgage

Leveraging extra space within your home can be a viable strategy for those looking to offset rising mortgage costs. However, it may be helpful to investigate the legal, financial, and practical aspects of this decision.

Home Loans

13 Nov, 2023

7 min read

How renting out a room could help pay off your mortgage
Eden Radford

External Comms Lead

CBA steps up for savers – how the big four banks now stack up

CBA has announced it will be passing on the full 0.25 percentage point hike to its variable mortgage customers, effective 17 November.

Home Loans

09 Nov, 2023

5 min read

CBA steps up for savers – how the big four banks now stack up
Eden Radford

External Comms Lead

ANZ and Westpac the next to announce full hikes to variable mortgage customers

ANZ and Westpac have followed in NAB’s footsteps, announcing they will be passing on Tuesday’s cash rate hike to their variable mortgage customers in full.

Home Loans

08 Nov, 2023

3 min read

ANZ and Westpac the next to announce full hikes to variable mortgage customers
Alex Ritchie

Personal Finance Editor

1 in 3 mortgage holders are food insecure, can Australians afford another rate hike?

The Reserve Bank of Australia hiked the cash rate to 4.35% yesterday. With more and more mortgage holders suffering under the weight of rising rates and high inflation, can they afford another rate hike?

Home Loans

08 Nov, 2023

6 min read

1 in 3 mortgage holders are food insecure, can Australians afford another rate hike?
Eden Radford

External Comms Lead

NAB announces rate hikes

NAB has announced it is passing on Tuesday’s cash rate hike to variable borrowers in full, effective 17 November.

Home Loans

08 Nov, 2023

2 min read

NAB announces rate hikes
Eden Radford

External Comms Lead

RBA hikes cash rate to 4.35%: what borrowers should do next

The RBA has today increased Australia’s cash rate to 4.35 per cent, the 13th hike since the start of May 2022 and the highest since November 2011.

Home Loans

07 Nov, 2023

6 min read

RBA hikes cash rate to 4.35%: what borrowers should do next
Alex Ritchie

Personal Finance Editor

What can we expect from interest rates in 2024?

With only one more RBA meeting on monetary policy left for the year, let’s explore what Australians can expect from interest rates in 2024, based on the latest predictions.

Home Loans

07 Nov, 2023

6 min read

What can we expect from interest rates in 2024?