Home Loan News

Housing finance: investors make a more permanent retreat from the market

Perth property market enters "recovery phase"

The latest figures from REIWA painted an optimistic picture for the capital city, with all key indicators showing improvement.

Banking organisations respond to Productivity Commission

Australia’s banking organisations have responded to the release of the draft report from the Productivity Commission (PC) on competition in Australia’s financial sector, looking closely at issues affecting both their members and Australian bank customers.

Productivity commission a diagnosis of the cold hard truth

The release of the Productivity Commission’s report into the competitiveness of our financial system should serve as a wake-up call to Australia’s politicians, according to financial comparison site RateCity.

Fixed interest rates are cheaper than variable

One-year, two-year and three-year fixed-rate mortgages are currently cheaper than variable-rate home loans, according to new data.

Use your equity to drive down your rate

New research from RateCity.com.au shows that some of the lowest rates on the market are being reserved for mortgage holders who already have sizeable amounts of equity in their property.

RBA cash rate held for 18th month in a row

The Reserve Bank of Australia (RBA) has kept the cash rate on hold at an historic low of 1.5 per cent for the eighteenth month in a row.

Brisbane housing forecast to shine

The Aussie capital with the best-performing housing market over the next few years may not be the usual suspects of Sydney or Melbourne, but rather Brisbane, thanks to more affordable housing and strong jobs growth and interstate migration.

75% of Aussie capitals see dwelling values drop in January

The latest hedonic home value index from CoreLogic found that six out of the eight Australian capital cities experienced a drop in dwelling values over the first month of 2018, and unless something changes, the market may continue to soften over the course of the year.

Low CPI's effect on rents, interest rates

While the pace of Australian inflation remained steady over the December 2017 quarter, rental inflation dipped to a 25-year low over the same period. While some industry commentators forecast interest rates remaining on hold in the immediate future, others feel that these inflation figures could be a sign of rate hikes on the horizon.

Low inflation helps give home owners an interest rates reprieve

Hobart houses grow 17.3% as Darwin units slump 14.0%

Australia’s eight capital cities have wildly different house and unit markets, according to new quarterly price stats from Domain.