Home Loan News

ACCC tells mortgage borrowers to switch banks

Australia’s five biggest banks are charging loyal home loan borrowers significantly higher interest rates than new customers, an inquiry has found.

First home buyers getting bigger slice of the pie

The number of first home buyers have reached a five-year high according to housing finance data released yesterday by the Australian Bureau of Statistics (ABS).

Interest-only lending plummets to historic low

Hot property: fastest selling suburbs revealed

Thinking about selling your property, or wondering where you should purchase your next investment? You may want to consider Hobart.

Mortgage rates lowest for borrowers who fix

Two-year fixed mortgage rates are currently offering the lowest average rates, an analysis of home loans data has found.

St George changes mortgage interest rates

St George Bank has made a series of changes to its fixed home loans, with some home loan rates going up and others going down.

Big four home loan lenders in fixed-rate war

NAB and ANZ have today cut fixed rates across owner-occupier and investment home loans, joining their rivals who took the razor to fixed mortgage rates this time last week.

Don't stigmatise Australians for missed payments, say banks

Banks loosen the reins on interest-only lending

The Reserve Bank of Australia has today left the cash rate on hold at 1.5 per cent, but banks have been making significant cuts to interest-only rates across the market.

Cheap money set to stay as RBA settles in

Australia’s love affair with cheap money is set to continue today, with no sign interest rates will move in the near future.

Here's how to fix the housing affordability mess

Governments must take action to improve housing affordability, through policies to increase supply and reduce demand, according to a new report.

Smaller banks most satisfying home loan lenders in Australia

Customer satisfaction with banks is up, despite the current negative publicity surrounding the Royal Commission into the Australian financial sector, according to data from Roy Morgan.