Home Loan News

Are eight RBA cash rate rises really likely?

Most property is as safe as houses

About nine in 10 Australians who sell their home achieve a profit, with houses more likely to finish ahead than units, new research has found.

Census 2016 results: Australia ageing & renting

The Australian Bureau of Statistics (ABS) have released their figures for the December Quarter as well as census data for 2016, painting a picture of an ageing Australia, with a growing population who are choosing to rent over purchasing property.

CBA falls into the big bank conga line with interest-only rate hikes

The Commonwealth Bank has followed its competitors by lifting rates for customers who opt for interest-only repayments while offering a small reward to home owners paying down their debt.

Investors finding affordable suburbs in South West WA

Faced with challenging rental markets in Perth, Western Australian property investors may find more opportunities in the state’s South West region, according to the Real Estate Institute of Western Australia (REIWA).

Mortgages getting cheaper, renting getting dearer: Census

The typical household has enjoyed a significant reduction in mortgage repayments, data from the most recent Census has revealed.

Older Aussies face housing crisis

If you thought Australia’s housing affordability crisis was mainly a millennial problem, think again – many older Australians, pensioners and retirees are also experiencing housing stress, according to an Australian seniors advocate.

1 in 6 borrowers suffering from mortgage stress

The amount of mortgage stress in Australia is significant but declining, Roy Morgan Research has revealed.

NAB follows suit in hiking interest-only rates

National Australia Bank has followed Westpac and ANZ, hiking rates for mortgage holders making interest-only repayments, while reducing rates for owner-occupier customers paying off their loan.

SA budget bounds onto bank-bashing bandwagon

The South Australian government has come under fire from the banking industry for adding a major bank levy to its state budget that closely mirrors the controversial Major Bank Levy that recently passed in federal parliament.

Housing boom cools, WA stabilising

New home building is forecast to slow over the remainder of the year, according to the latest housing industry reports from Housing Industry Association (HIA).

Vacancy rates fall despite increasing housing supply

Australia's new housing supply is still yet to catch up with demand in many capital cities, according to new figures from SQM Research.