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The latest home loans mortgage news and tips

Mark Bristow

Personal Finance Editor

Declining dwelling values herald harder spring selling season

With tight access to mortgage credit limiting the number of active buyers and investors in the Australian housing market, a CoreLogic report showing national dwelling values declining for the eleventh consecutive month may not bode well for this Spring's selling conditions.

Home Loans

04 Sep, 2018

4 min read

Declining dwelling values herald harder spring selling season

Georgie Hay

Suncorp goes it again in the Westpac aftermath

Australia’s sixth largest lender, Suncorp, is lifting its variable rates for the second time in less than six months.

Home Loans

31 Aug, 2018

2 min read

Suncorp goes it again in the Westpac aftermath

Mark Bristow

Personal Finance Editor

End of volume-based commissions to encourage mortgage brokers to put customers first

The way Australia’s mortgage brokers get paid has changed, with the broking industry ending volume-based bonus commissions, to help encourage unbiased home loan recommendations.

Home Loans

30 Aug, 2018

2 min read

End of volume-based commissions to encourage mortgage brokers to put customers first

Georgie Hay

Westpac becomes the first of the big four banks to hike out-of-cycle

Variable rate customers who have their mortgage with Westpac and some of their subsidiaries will be forking out an average of $35 extra per month and $420 per year, after the bank hiked rates by 14 basis points.

Home Loans

29 Aug, 2018

2 min read

Westpac becomes the first of the big four banks to hike out-of-cycle

Nick Bendel

Property & Personal Finance Writer

Greater Bank offering 3.59% interest-only loans

There are still a surprising number of lenders offering interest-only rates under 4 per cent, a new study of the mortgage market has found.

Home Loans

27 Aug, 2018

2 min read

Greater Bank offering 3.59% interest-only loans

Mark Bristow

Personal Finance Editor

Bankwest cuts mortgage rates by up to 45 basis points

Bankwest has announced cuts to its variable interest rates for new investor home loans as well as cuts to fixed rates for owner occupier mortgages.

Home Loans

24 Aug, 2018

3 min read

Bankwest cuts mortgage rates by up to 45 basis points

Nick Bendel

Property & Personal Finance Writer

Lender offers $1,500 incentive to switch mortgage providers

Newcastle Permanent is offering home loan borrowers a $1,500 cash payment if they refinance with the building society.

Home Loans

22 Aug, 2018

1 min read

Lender offers $1,500 incentive to switch mortgage providers

Alex Ritchie

Personal Finance Editor

Hobart holds best bet on affordable home loans

Aussies looking to get a foot on the property ladder outside of bigger cities like Sydney and Melbourne have been turning to Hobart as an affordable alternative in recent years.

Home Loans

20 Aug, 2018

3 min read

Hobart holds best bet on affordable home loans

Nick Bendel

Property & Personal Finance Writer

Government wants to make it easier to switch banks

Draft legislation from the government means Australians are closer to using their data to secure better deals on home loans, credit cards and more.

Home Loans

19 Aug, 2018

2 min read

Government wants to make it easier to switch banks

Nick Bendel

Property & Personal Finance Writer

Some cities favouring tenants, others landlords

The rental markets in Sydney, Brisbane and Perth have significantly changed over the past year, according to new data from SQM Research.

Home Loans

18 Aug, 2018

2 min read

Sydney a tenants market, while others favour landlords

Laine Gordon

Money Editor

Banks use hot rates to lure new business, loyal borrowers pay the price

Banks are flooding the market with home loan products that offer special rates to drum up new business, while loyal customers pay the price.

Home Loans

15 Aug, 2018

3 min read

Banks use hot rates to lure new business, loyal borrowers pay the price

Mark Bristow

Personal Finance Editor

Investor mortgage demand falls as housing returns decline

Investment mortgage holders may not be having a great time, with a new report from CoreLogic showing a rapid reduction in overall returns from Australian housing over the past 12 months.

Home Loans

14 Aug, 2018

2 min read