Greater Bank becomes 10th mortgage lender to offer an interest rate below 2%

Greater Bank has become the 10th mortgage lender to put forward an interest rate below 2 per cent.

Melbourne becomes capital city with the highest vacancy rate

Melbourne has overtaken Sydney to become Australia’s capital city rental market with the highest proportion of vacant properties.

Westpac shaves savings interest rates by up to 0.20%

One of the country’s biggest banking groups, Westpac Group, has taken the axe to some of its savings account rates across its subsidiaries.

How COVID-19 could make it easier for you to buy a home

The coronavirus has rocked Australia’s economy significantly, but there are signs that first-home buyers could benefit.

Falling home prices see better housing affordability across Australia

Housing affordability across the country is looking up, as property prices come down nationally due to COVID-19.

Housing market loses steam, prices fall for four straight months

Australian housing values edged down by 0.4 per cent in August, marking the fourth consecutive month of falling prices due to COVID-19.

Reduce Home Loans brings record low mortgage interest rate down to 1.90%

A non-bank lender has today rolled out an introductory mortgage interest rate of 1.90 per cent, smashing the lowest variable rate record in Australia.

AMP, Macquarie target introductory rates, savers suffer

AMP and Macquarie have put the squeeze on savers this week, as banks zero in on introductory rates.

Superannuation returns record positive rebound from COVID-19

Industry-wide returns on superannuation funds have bounced back to positive territory after negative returns during the early stages of COVID-19.

COVID-19 disrupts home ownership plans for first home buyers

COVID-19 has thwarted the property purchase plans of many first home buyers.