Commonwealth Bank: 1% of deferred mortgages are impaired, but the figure is expected to grow

Commonwealth Bank has offered some insight into the number of people who could no longer afford to resume their mortgage repayments, but there are fears the figure could grow as relief options expire.

The Australian suburbs where mortgage repayments are cheaper than rent

Historically cheap home loan costs and a sluggish property market are leading to mortgage repayments that are more affordable than paying rent in many cases, according to Aussie Home Loans’ Buy vs Rent report.

Australians are building the largest homes in the world

Australians are building the largest units, townhouses and houses in the world, new research reveals, bucking a six-year trend of shrinking homes, and overtaking the United States.

RBA Governor warns cash rate won’t drop any further

Mortgage interest rates are unlikely to drop any further after the head of the nation’s central bank warned the benchmark that influences them has bottomed out.

Investor lending recovers after tumbling to 18-year low

Confidence appears to be returning to the investor market after the COVID-19 pandemic pushed loan borrowing to one of its lowest levels in recorded history.

Commonwealth Bank: We won’t sell your home before late next year if you can’t repay your mortgage

Australia’s largest bank has publicly committed to keeping people in their homes until late next year if they can't make their repayments, but others have not followed its lead.

First home buyers can now apply for the government’s deposit scheme

About 20 banks and financial institutions are now accepting applications to partially guarantee the deposit buyers would use to secure a mortgage on their first home.

Home loan commitments surge, driven by first home buyers and owner builders

Home loan commitments were up by more than 25 per cent for the year, according to new data, largely driven by first time property buyers and owner-builders.

RBA cuts cash rate to 0.10%, extraordinary new low not seen in 30 years

The nation’s central bank has made it possible for lenders to lower interest charges on mortgages by cutting the cash rate to an extraordinary new low, but it’s unclear if banks will pass the savings on.

Housing prices recover after months of losses, but economists warn it’s “artificial”

The property market has returned to growth after a five month streak of falling prices, but economists warn the recovery could be “artificial”.