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Home Loan News

The latest home loans mortgage news and tips

Alex Ritchie

Personal Finance Editor

14 lenders offering cashbacks: Who is still offering cashback deals in November?

If you’re considering refinancing, or looking for your first home loan, it may be worthwhile nabbing a sweetener for your back pocket, like a cashback deal. 

Home Loans

02 Nov, 2023

5 min read

14 lenders offering cashbacks: Who is still offering cashback deals in November?
Mark Bristow

Personal Finance Editor

Some of the top-rated home loans in November 2023

There’s a strong chance that the next meeting of the Reserve Bank of Australia (RBA) board in November 2023 will see the national cash rate rise. All of Australia’s Big Four banks are predicting that the 13th rate hike since April 2022 will arrive in November 2023. But what does this mean for Australian homeowners and first home buyers?

Home Loans

01 Nov, 2023

3 min read

Some of the top-rated home loans in November 2023
Eden Radford

External Comms Lead

Household deposits continue to soar as Australians squirrel money away

Household deposits hit a new record high of almost $1.42 trillion in September, despite pressure from the rising cost of living and 12 RBA hikes.

Home Loans

31 Oct, 2023

5 min read

Household deposits continue to soar as Australians squirrel money away
Eden Radford

External Comms Lead

NAB hikes its basic variable rate for new customers

NAB, Australia’s third largest home loan lender, has today increased the rate of its basic variable mortgage by 0.10 percentage points for new customers paying principal and interest.

Home Loans

27 Oct, 2023

5 min read

NAB hikes its basic variable rate for new customers
Eden Radford

External Comms Lead

All big four bank teams now forecast rate hike in November

All big four bank economic teams are now forecasting a rate hike at the next RBA meeting on 7 November, with Westpac announcing a change to their call this morning.

Home Loans

26 Oct, 2023

3 min read

All big four bank teams now forecast rate hike in November
Eden Radford

External Comms Lead

CBA, ANZ change cash rate call to hike after CPI figures

The annual Consumer Price Index has clocked in at 5.4 per cent for the September quarter, fuelling the possibility of another rate hike as soon as Tuesday 7 November.

Home Loans

25 Oct, 2023

4 min read

CBA, ANZ change cash rate call to hike after CPI figures
Peter Terlato

Personal Finance Editor

Inflation advances in September: How will this affect interest rates in November?

Inflation may be, again, gathering pace. New RBA Governor Michele Bullock warns that another cash rate hike may be necessary to tame stubborn and sticky consumer prices. The big four banks seem to agree.

Home Loans

25 Oct, 2023

4 min read

Inflation advances in September: How will this affect interest rates in November?
Eden Radford

External Comms Lead

CBA opens the door to investors with small deposits

CBA has, this week, extended its home loan book to include investors with as little as 5 per cent deposit, provided these borrowers commit to paying principal and interest.

Home Loans

24 Oct, 2023

4 min read

CBA opens the door to investors with small deposits
Eden Radford

External Comms Lead

Melbourne Cup rate hike a live possibility: what a 13th hike would mean for borrowers

Australia could see the cash rate rise to 4.35 per cent as soon as the next RBA Board meeting, if inflation proves to be more stubborn than expected, with the minutes from the previous meeting citing a ‘low tolerance’ for slow progress in this battle.

Home Loans

17 Oct, 2023

3 min read

Melbourne Cup rate hike a live possibility: what a 13th hike would mean for borrowers
Mark Bristow

Personal Finance Editor

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

With Australians reportedly putting more of their income towards their mortgage than any other developed nation on the planet, it’s little wonder that so many of us are looking to refinance. But with high levels of refinancing activity leading several lenders to withdraw some of their most competitive home loan discounts and cashback incentives, is it still possible to find a good home loan deal?

Home Loans

17 Oct, 2023

3 min read

Some of the top-rated home loans for refinancers and investors in October 2023
Peter Terlato

Personal Finance Editor

Australia leads the world in mortgage pain: Here's what you can do to ease the agony

Loan repayments as a share of income were at a staggering 15% for Australian households, higher than other advanced economies. Plus, this figure is estimated to have risen further in the last nine months.

Home Loans

11 Oct, 2023

5 min read

Australia leads the world in mortgage pain: Here's what you can do to ease the agony
Mark Bristow

Personal Finance Editor

Home loan cashbacks: will you qualify for up to $10k when you refinance?

Higher living costs mean that Australians looking to buy or refinance a home may be keen to offset some of their loan costs with a mortgage cashback deal. But with only a limited number of home loan cashbacks available, it’s important to compare your options and work out if you fulfil the offer’s terms and conditions.

Home Loans

09 Oct, 2023

5 min read

Home loan cashbacks: will you qualify for up to $10k when you refinance?