Home Loan News

How much you have to earn to buy (and live comfortably) in Australia's capital cities

Whether you’re moving to Australia, or are dreaming of greener pastures in another state, you’ll need to calculate your cost of living before buying.

Home building in 2018 may prove stronger than expected

Vacancy rates fall in seven capital cities

Perth is still the best place in the country to be a tenant, even though vacancies have fallen significantly over the past year.

Watchdog reveals property rental scam

Scammers are trying to steal money from tenants by falsely offering access to properties that they actually don’t own.

History repeats? Warning signs of Australia's own GFC

Australia’s property market may be in a similar position to that of the United States prior to the 2008 Global Financial Crisis (GFC), according to one NSW economist.

The bank of mum and dad' loan helping millennials get a foot in the door

Forget going guarantor, a new loan from WA based lender Bluebay Home Loans allows parents to loan their kids up to 20 per cent deposit on their first home, with the bank providing the rest.

More Aussies finish 2017 in mortgage stress

The number of Australians in mortgage stress was on the rise at the end of 2017, with mortgage holders in New South Wales at the greatest risk, according to new analysis from Digital Finance Analytics (DFA).

Good news millennials, booming housing market finally losing steam

Could this be the end of the Aussie housing boom? Housing conditions have weakened nationally, and this is likely to continue in 2018, according to CoreLogic data.

Mortgages got dearer throughout 2017

Home loan interest rates have risen steadily throughout 2017 – even though the Reserve Bank hasn’t increased the official cash rate since 2010.

Small banks are better at customer service: survey

Commonwealth Bank is delivering the highest customer satisfaction of the big four banks – but smaller lenders are doing even better.

Economy heading in the right direction: RBA

The Reserve Bank has a largely positive view of the Australian and global economy, according to the minutes of this month’s monetary policy meeting.

9 out of 10 homes selling at a profit

The value of residential sales on resold properties hit $17.7 billion in the September 2017 quarter, far greater than any losses seen across Australia.