Home Loan News

How long does it take first home buyers to save a deposit in each capital city?

Domain have released the 2018 First Home Buyers Report, showing the lowest entry price and quickest path to purchase for first home buyers across Australia’s capital cities.

Official interest rates on hold, but the out-of-cycle bank hikes keep coming

The RBA is almost certain to leave official interest rates on hold when it meets next Tuesday, but that hasn’t stopped lenders hiking rates out-of-cycle.

Westpac and St.George offer home loan incentives

Australians looking for new home loans or considering refinancing their existing mortgages may be eligible to receive frequent flyer points or cashback on their loans, thanks to new and extended offers from Westpac and St.George.

Suburbs with the greatest property change revealed

CoreLogic research has revealed the Australian suburbs that experienced the greatest change in listings over the 12 months to May 2017 and 12 months to May 2018.

Banks lift interest rates, even with RBA on hold

A range of lenders have made out-of-cycle rate hikes, blaming the interest rate rises on increased funding costs.

NAB offering two-year fixed rates from 3.69%

NAB and ING are offering some of the lowest two-year fixed-rate mortgages on the market, although smaller lenders are also competing fiercely.

These suburbs could be the next big thing

Looking to invest in the next Balmain or Collingwood? A property investment expert has revealed suburbs around Australia that are set to gentrify.

Banks rake in $4.5 billion in fees

Major banks have charged customers an eye-watering $4.5 billion dollars in bank fees an increase of $133 million on the previous year, according to latest figures released from the Reserve Bank of Australia.

Small deposit loans hit historic low as credit crunch sets in

RBA sees no reason to lift rates right now

The Reserve Bank doesn’t feel under any pressure to change the cash rate, according to the minutes of its last monetary policy meeting.

Banks tighten the screws on small-deposit mortgages

New research from RateCity shows banks have put the brakes on lending to people with small deposits, slashing the number of mortgage products with a maximum loan-to-value ratio (LVR) of 95 per cent in the past three years.

Real estate agents aim to lift their game

Real estate agents will have to commit to higher training standards and a code of ethics, under a new proposal by Australia’s peak real estate body.