Home Loan News

RBA cash rate unchanged at 1.5%

The Reserve Bank of Australia (RBA) has kept the official cash rate unchanged at an historical low of 1.5 per cent, for the 14th month in a row.

Hot Hobart outpacing sluggish Sydney in property stakes

Sydney property prices have gone backwards for the first time in 17 months, according to new data from CoreLogic.

Still no compelling reason for RBA to change rates

The Reserve Bank of Australia will almost certainly leave the cash rate unchanged today, according to an analysis of the key economic indicators.

One in six borrowers facing mortgage stress

The latest Roy Morgan research has found that mortgage stress has increased to 17.3 per cent of borrowers in July, despite interest rates dropping in this period.

Could you be better off renting than buying in Perth?

A new index for the Real Estate Institute of Western Australia (REIWA) has crunched the numbers around renting versus buying in Perth, and calculated the rate of annual value growth that would be required to make buying the more financially viable option.

Housing affordability problem gets new solution

Will you join the 3 million Aussies switching banks?

Research from Australian Bankers’ Association (ABA) has found that more than three million Australians have switched banks over the past three years.

RACQ Bank debuts with 13 branches

One of Australia’s largest member organisations has just opened a mutual bank, which it claims will be “a trusted alternative to shareholder-owned, profit-hungry banks”.

Historic win for consumers as the big banks say goodbye to ATM fees

Today’s decision by all four big banks to abolish ATM fees is a historic win for consumers, according to leading comparison site RateCity.com.au.

Vacancy rates hit record lows in Hobart

Australia’s national vacancy rates fell in August 2017, with the lowest being found in Hobart, according to the latest findings from SQM Research.

Easing returns from Aussie property

Australians are starting to see fewer returns from their property investments, according to new data from CoreLogic, with these returns forecast to further moderate over upcoming months.

June quarter in review

The latest research from the Real Estate Institute of Australia (REIA) has found that increased regulation around investment lending is making a noticeable impact on the nation’s property markets.