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Home Loan News

The latest home loans mortgage news and tips

Eden Radford

External Comms Lead

CPI comes in lower than expected but rate pause not out of the question

Australia’s Monthly Consumer Price Index Indicator has dropped to an annual rate of 5.6 per cent for May, down from 6.8 per cent recorded in the previous month.

Home Loans

28 Jun, 2023

3 min read

CPI comes in lower than expected but rate pause not out of the question
Eden Radford

External Comms Lead

Changes afoot across housing, energy and super from 1 July 2023 – what it means for your hip pocket

A raft of changes are coming into effect from 1 July, as new policies, prices, thresholds and eligibility criteria move into the new financial year.

Home Loans

28 Jun, 2023

6 min read

Changes afoot across housing, energy and super from 1 July 2023 – what it means for your hip pocket
Peter Terlato

Personal Finance Editor

Inflation slowdown - what does this mean for interest rates in July?

This is the smallest increase in annual inflation since April last year. Prices keep rising, as do interest rates. This latest inflation data will likely factor into next month's cash rate decision.

Home Loans

28 Jun, 2023

4 min read

Inflation slowdown - what does this mean for interest rates in July?
Alex Ritchie

Personal Finance Editor

How long does it take to get conditional approval? This mortgage lender can do it in 20 minutes

Home loan customers are looking to speed and efficiency as a priority when it comes to their mortgage goals. AMP Bank are offering customers the ability to have their mortgage application processed in a matter of minutes.

Home Loans

27 Jun, 2023

5 min read

How long does it take to get conditional approval? This mortgage lender can do it in 20 minutes
Eden Radford

External Comms Lead

The hikes keep on coming: CBA and Westpac increase new customer rates… again

Australia’s two biggest home loan lenders, CBA and Westpac, have increased new customer variable rates by up to 0.15 percentage points.

Home Loans

23 Jun, 2023

6 min read

The hikes keep on coming: CBA and Westpac increase new customer rates… again
Eden Radford

External Comms Lead

CBA follows Westpac by slashing stress test for refinancers – with a catch

Australia’s biggest bank, CBA, has announced it will lower the stress test on select refinance applications from 3 percentage points to just 1 percentage point.

Home Loans

21 Jun, 2023

5 min read

CBA follows Westpac by slashing stress test for refinancers – with a catch
Mark Bristow

Personal Finance Editor

Some of the top-rated home loans for investors and refinancers in June 2023

As we approach the middle of the year, many Australians may be facing the fixed rate mortgage cliff. Australians looking to refinance the mortgage on their family home or investment properly may need to compare different options to find a mortgage option that should suit their needs.

Home Loans

16 Jun, 2023

3 min read

Some of the top-rated home loans for investors and refinancers in June 2023
Eden Radford

External Comms Lead

CBA, NAB and ANZ increase savings rates

Three of the big four banks, CBA, NAB and ANZ, have increased their savings rates today on the back of the June RBA cash rate announcement.

Home Loans

16 Jun, 2023

3 min read

CBA, NAB and ANZ increase savings rates
Eden Radford

External Comms Lead

June RBA variable hikes kick in as CBA piles on extra for select new customers + CBA, NAB and ANZ fixed rate moves

Borrowers with a CBA, NAB or ANZ variable mortgages will see their interest rates rise by 0.25 percentage points today, as the RBA’s June hike from last Tuesday takes effect.

Home Loans

16 Jun, 2023

6 min read

June RBA variable hikes kick in as CBA piles on extra for select new customers + CBA, NAB and ANZ fixed rate moves
Alex Ritchie

Personal Finance Editor

Major bank approval wait times blow out: who is offering instant approval home loans?

Customers applying for home loans with major banks may be experiencing longer wait times for approval than before. Homebuyers and refinancers will likely be wondering: who is offering instant approval home loans? 

Home Loans

14 Jun, 2023

4 min read

Major bank approval wait times blow out: who is offering instant approval home loans?
Mark Bristow

Personal Finance Editor

Who is still offering low-rate home loans after the June 2023 rate hike?

While the 12th increase to the national cash rate in 14 months may not yet have brought inflation down to the Reserve Bank of Australia’s (RBA’s) target band, it is reportedly affecting the borrowing power of Australia’s home buyers and refinancers.

Home Loans

14 Jun, 2023

3 min read

Who is still offering low-rate home loans after the June 2023 rate hike?
Alex Ritchie

Personal Finance Editor

Who has announced rate hikes for home loan customers in June?

At the time of publishing, 28 lenders have announced they are increasing variable home loan rates – including the big four banks. This latest cash rate hike is the equivalent of paying an extra $1,701 each month.

Home Loans

13 Jun, 2023

4 min read

Who has announced rate hikes for home loan customers in June?