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Home Loan News

The latest home loans mortgage news and tips

Peter Terlato

Personal Finance Editor

What to expect from the RBA meeting in May 2023

ANZ, NAB and Westpac are all predicting no movement, while CBA anticipates a hike of 25 basis points - although the bank’s economic team stressed it’s a line-ball call.

Home Loans

28 Apr, 2023

6 min read

What to expect from the RBA meeting in May 2023
Alex Ritchie

Personal Finance Editor

Three of the four big banks now expect a second cash rate pause on Tuesday

Westpac becomes the third big bank to predict the cash rate will remain on hold at Tuesday’s RBA meeting. Two of the four big banks now suspect that the cash rate has already reached its peak at 3.60%.

Home Loans

28 Apr, 2023

3 min read

Three of the four big banks now expect a second cash rate pause on Tuesday
Peter Terlato

Personal Finance Editor

Inflation slows but further interest rate rises are still on the cards

The Australian Bureau of Statistics (ABS) quarterly Consumer Price Index (CPI) indicator reported a 1.4% rise over the quarter, advancing the notion that the pace of inflation is slowing.

Home Loans

26 Apr, 2023

4 min read

Inflation slows but further interest rate rises are still on the cards
Laine Gordon

Money Editor

ANZ the next big bank to hike variable and cut 3-year fixed rates

ANZ has today increased the rates on its basic variable home loan by up to 0.10 percentage points, but only for new customers.

Home Loans

21 Apr, 2023

5 min read

ANZ the next big bank to hike variable and cut 3-year fixed rates
Peter Terlato

Personal Finance Editor

RBA Board to be replaced by panel of experts: how does this affect interest rates?

A review of the RBA has proposed a raft of recommended changes, including the establishment of a new Monetary Policy Board to oversee changes to the national cash rate.

Home Loans

20 Apr, 2023

5 min read

RBA Board to be replaced by panel of experts: how does this affect interest rates?
Laine Gordon

Money Editor

CBA hikes variable rates again but cuts select 3-year fixed rates

CBA has today increased the rates on its package variable home loan, which includes an offset account, by up to 0.12 percentage points but only for new customers.

Home Loans

14 Apr, 2023

4 min read

CBA hikes variable rates again but cuts select 3-year fixed rates
Laine Gordon

Money Editor

Westpac joins big four rivals in hiking new customer variable rates

Westpac has today increased the rate on its basic mortgage by 0.10 percentage points for owner-occupiers and investors – but only for new customers.

Home Loans

13 Apr, 2023

4 min read

Westpac joins big four rivals in hiking new customer variable rates
Alex Ritchie

Personal Finance Editor

Coming off a fixed rate loan? 33 lenders offering cashback deals up to $10,000 this April

If your fixed rate period is about to end, you may want to consider refinancing to a home loan with a cashback deal to give yourself a rate cut, and nab some extra cash in the process. 

Home Loans

06 Apr, 2023

4 min read

Coming off a fixed rate loan? 33 lenders offering cashback deals up to $10,000 this April
Laine Gordon

Money Editor

The savings accounts that pass Lowe’s sniff test

A total of 24 savings accounts pass Governor Lowe’s sniff test with rates of 4.50 per cent or above, according to the RateCity.com.au database.

Home Loans

06 Apr, 2023

6 min read

The savings accounts that pass Lowe’s sniff test
Laine Gordon

Money Editor

RBA holds: What borrowers should do this Easter with a pause

The Reserve Bank has left the cash rate on hold at 3.60 per cent today, hitting the pause button for the first time since April 2022.

Home Loans

04 Apr, 2023

4 min read

RBA holds: What borrowers should do this Easter with a pause
Mark Bristow

Personal Finance Editor

Some of the best home loans in April 2023

At its April 2023 meeting, the Reserve Bank of Australia (RBA) board decided to keep rates on hold at 3.60%. The next question is what will happen next – will interest rates be left on hold, or are more hikes in the pipeline? And what does this mean for Australian home owners and those looking to buy property this year?

Home Loans

04 Apr, 2023

3 min read

Some of the best home loans in April 2023
Laine Gordon

Money Editor

Refinancing hits a new record high as borrowers combat rising rates

The value of refinanced home loans has hit a new record high, as borrowers take action to mitigate rising interest rates.

Home Loans

03 Apr, 2023

4 min read

Refinancing hits a new record high as borrowers combat rising rates