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Home Loan News

The latest home loans mortgage news and tips

Nick Bendel

Property & Personal Finance Writer

Bank admits overcharging offset account holders

MyState Bank has refunded more than $230,000 in over-charged interest and fees to about 1,040 customers with mortgage offset accounts.

Home Loans

27 Jul, 2017

2 min read

Bank admits overcharging offset account holders
Nick Bendel

Property & Personal Finance Writer

Tenants stung with double-digit rent hikes

Landlords in Melbourne and Hobart have massively increased the advertised rents on their investment properties.

Home Loans

26 Jul, 2017

2 min read

Tenants stung with double-digit rent hikes
Mark Bristow

Personal Finance Editor

Capital cities drive new property listings

New figures from CoreLogic show that while real estate activity is going great guns in Australia’s capital cities, less activity is being recorded in our regional areas in a year-on-year basis.

Home Loans

25 Jul, 2017

3 min read

Capital cities drive new property listings
Alex Ritchie

Personal Finance Editor

Don't panic; rates aren't rising to 3.5%, says Oliver

On Tuesday, the Reserve Bank of Australia (RBA) released the latest minutes of its monetary policy meeting, stating that the neutral cash rate is 3.5 per cent, two percentage points higher than what it currently is.

Home Loans

24 Jul, 2017

3 min read

Don't panic; rates aren't rising to 3.5%, says Oliver
Mark Bristow

Personal Finance Editor

Housing affordability legislation in the works

The Australian federal government has taken steps towards addressing the nation’s housing affordably crisis, releasing draft legislation to help first home buyers save for a deposit, support retirees who choose to downsize, and to limit the impact of foreign investment on property prices.

Home Loans

24 Jul, 2017

2 min read

Housing affordability legislation in the works
Mark Bristow

Personal Finance Editor

The darker side of booming rents revealed

News of rising rental yields for landlords isn't so great for Australians doing it tough. Analysis from the Victorian Council of Social Services (VCOSS) show that rising rents, combined with stagnant wages, means lower-income Australians are being priced out of Victoria’s affordable housing.

Home Loans

21 Jul, 2017

2 min read

The darker side of booming rents revealed
Nick Bendel

Property & Personal Finance Writer

Tenants laughing in some markets, crying in others

Rental rates have significantly increased in Hobart and Canberra, while going sharply backwards in Perth and Darwin.

Home Loans

20 Jul, 2017

3 min read

Tenants laughing in some markets, crying in others
Nick Bendel

Property & Personal Finance Writer

Hobart outpaces Sydney and Melbourne

Hobart recorded the fastest house price growth during the 2016-17 financial year, new data from Domain has revealed.

Home Loans

20 Jul, 2017

2 min read

Hobart outpaces Sydney and Melbourne
Nick Bendel

Property & Personal Finance Writer

Banks lure borrowers with cash rebates and fee cuts

Ten lenders of all shapes and sizes are enticing new home buyers and refinancers with an array of special offers.

Home Loans

19 Jul, 2017

3 min read

Banks lure borrowers with cash rebates and fee cuts
Nick Bendel

Property & Personal Finance Writer

APRA orders banks to increase their financial reserves

Australia’s banking regulator has spelled out to lenders how much more capital they need to hold, as it continues its efforts to strengthen the financial system.

Home Loans

19 Jul, 2017

2 min read

APRA orders banks to increase their financial reserves
Mark Bristow

Personal Finance Editor

Victoria could take top housing spot from NSW

The reign of New South Wales as Australia’s leader in housing construction could be on the verge of coming to an end, with Victoria poised to potentially usurp the position in 2018. Meanwhile, increasing activity in Tasmania and Western Australia could see these areas grow significantly in the future.

Home Loans

18 Jul, 2017

2 min read

Victoria could take top housing spot from NSW
Mark Bristow

Personal Finance Editor

Aussies less worried about housing, more about unemployment

New research released from Roy Morgan indicates that Australians are more worried about unemployment than they are about house prices, though interest rates and the economy are also on their minds.

Home Loans

17 Jul, 2017

3 min read

Aussies less worried about housing, more about unemployment