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Home Loan News

The latest home loans mortgage news and tips

Laine Gordon

Money Editor

Investors drive up new lending in August

The total value of new home loans approved in the month of August was $30.38 billion – just 1.0 per cent higher than was recorded the previous month.

Home Loans

04 Oct, 2024

5 min read

Investors drive up new lending in August
Laine Gordon

Money Editor

RBA to hold, borrowers should plan for the worst and pocket the savings

The Reserve Bank of Australia is expected to keep the cash rate on hold at 4.35 per cent for the seventh consecutive meeting, after last week’s labour force figures landed stronger than expected.

Home Loans

24 Sep, 2024

4 min read

RBA to hold, borrowers should plan for the worst and pocket the savings
Mark Bristow

Personal Finance Editor

What to expect from the RBA meeting in September 2024

Economists from some of Australia’s biggest banks are forecasting a rate cut is coming, though it may be later rather than sooner.

Home Loans

20 Sep, 2024

5 min read

What to expect from the RBA meeting in September 2024
Laine Gordon

Money Editor

Mortgage arrears on the rise as savings in offsets decline

The value of home loans in arrears by 30 to 89 days has risen for the seventh consecutive quarter, as borrowers struggle to keep on top of repayments.

Home Loans

13 Sep, 2024

5 min read

Mortgage arrears on the rise as savings in offsets decline
Mark Bristow

Personal Finance Editor

One third of first home buyers get government support: How to apply for the Home Guarantee Scheme

Around one in three home first home buyers last year were supported by the federal government’s Home Guarantee Scheme (HGS), which could indicate a challenging purchasing environment.

Home Loans

10 Sep, 2024

4 min read

One third of first home buyers get government support: How to apply for the Home Guarantee Scheme
Mark Bristow

Personal Finance Editor

Home loan jargon busting: Which three mortgage terms are most confusing homebuyers?

Understanding some home loan jargon terms could help to remove a barrier between young Australians and home ownership.

Home Loans

09 Sep, 2024

6 min read

Home loan jargon busting: Which three mortgage terms are most confusing homebuyers?
Vidhu Bajaj

Personal Finance Writer

Cashback home loan deals in September 2024

Compare the available September 2024 home loan cashback deals options at RateCity as per your need.

Home Loans

06 Sep, 2024

2 min read

Cashback home loan deals in September 2024
Laine Gordon

Money Editor

New lending jumps by $1.2 billion in July

The total value of new home loans approved in the month of July was $30.58 billion – with $1.2 billion more loans settled compared to the previous month, according to ABS Lending Indicator data.

Home Loans

06 Sep, 2024

5 min read

New lending jumps by $1.2 billion in July
Mark Bristow

Personal Finance Editor

Fixed rates are falling - should you switch? Some of the top-rated home loans in September 2024

The Reserve Bank of Australia (RBA) has made it clear that it’s unlikely to cut the cash rate any time soon, based on the current data. However, that doesn’t mean banks and mortgage lenders will sit on their hands.

Home Loans

03 Sep, 2024

3 min read

Fixed rates are falling - should you switch? Some of the top-rated home loans in September 2024
Laine Gordon

Money Editor

CPI indicator drops for 2nd month in a row

The monthly Consumer Price Indicator has clocked in at 3.5 per cent in the year to July, dropping from 3.8 per cent in June – the second monthly drop in a row.

Home Loans

28 Aug, 2024

4 min read

CPI indicator drops for 2nd month in a row
Vidhu Bajaj

Personal Finance Writer

Cashback home loan deals in August 2024

Australians looking for a cashback deal may be running out of options, with the number of lenders offering these deals dropping to single digits. Compare the available options from RateCity as per your need.

Home Loans

07 Aug, 2024

3 min read

Cashback home loan deals in August 2024
Mark Bristow

Personal Finance Editor

Some of the top-rated home loans in August 2024

With interest rates likely to remain on hold for the immediate future, what does this mean for your home loan? If you’re in the market to buy a property or refinance your existing home loan, it’s important to compare your options before selecting a mortgage deal.

Home Loans

07 Aug, 2024

3 min read

Some of the top-rated home loans in August 2024