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Home Loan News

The latest home loans mortgage news and tips

Alex Ritchie

Personal Finance Editor

The home loan helping cover the cost of your solar installation

An Australian-first green initiative will see homeowners receive a discount to their home loan to install a solar energy system, thanks to a new home loan offer from loans.com.au.

Home Loans

21 Nov, 2022

4 min read

The home loan helping cover the cost of your solar installation
Laine Gordon

Money Editor

CBA overhauls mortgages in bid for ideal customers

Australia’s biggest bank, CBA, has slashed its advertised package rates by up to 2.03 percentage points for new customers with big deposits.

Home Loans

21 Nov, 2022

4 min read

CBA overhauls mortgages in bid for ideal customers
Mark Bristow

Personal Finance Editor

Some of the best home loans for investors and refinancers in November 2022

The interest rate rises announced following the Reserve Bank of Australia’s (RBA’s) November 2022 meeting have come into effect. While new lending has reportedly plummeted, with the year’s combined rate rises knocking $214k off the average home loan budget, existing homeowners and investors could find themselves in a position to refinance to a mortgage that offers greater value for their financial situation.

Home Loans

18 Nov, 2022

3 min read

Some of the best home loans for investors and refinancers in November 2022
Laine Gordon

Money Editor

Fixed rates continue to defy gravity, with ANZ the latest to hike

Australia’s fourth largest lender, ANZ, has today hiked fixed rates by up to 0.30 percentage points for owner-occupiers and investors.

Home Loans

16 Nov, 2022

4 min read

Fixed rates continue to defy gravity, with ANZ the latest to hike
Laine Gordon

Money Editor

RBA hikes kick in for variable borrowers

Australians with a CBA, NAB and ANZ variable home loan will see their interest rates rise by 0.25 percentage points from today, as the RBA’s November hike takes effect.

Home Loans

11 Nov, 2022

5 min read

RBA hikes kick in for variable borrowers
Mark Bristow

Personal Finance Editor

Who is still offering low-rate home loans after the November 2022 rate hike?

The latest hike to the national cash rate from the Reserve Bank of Australia (RBA) may continue to squeeze homeowners with higher interest repayments and restrict first home buyers by shrinking maximum borrowing amounts. Despite these rising rates, some mortgage lenders still have relatively low interest rates available for selected borrowers.

Home Loans

08 Nov, 2022

3 min read

Who is still offering low-rate home loans after the November 2022 rate hike?
Alex Ritchie

Personal Finance Editor

Who hiked home loan interest rates in November so far?

Discover the full list of who has announced rate rises for home loan customers. RateCity research shows you could be paying over $1,200 more for mortgage repayments than you were in April.

Home Loans

07 Nov, 2022

4 min read

Who hiked home loan interest rates in November so far?
Alex Ritchie

Personal Finance Editor

Give yourself a rate cut and up to $10k cash with cashback refinance deals

Is your current home loan rate causing financial stress to your household budget? It may be worth comparing refinancing mortgage options – and get paid a healthy bonus for it.

Home Loans

07 Nov, 2022

3 min read

Give yourself a rate cut and up to $10k cash with cashback refinance deals
Laine Gordon

Money Editor

RBA hikes shrink home buying budget by over $214K for average Aussie family

The average family’s maximum home buying budget has shrunk by an estimated $214,600 as a result of the last seven months of RBA rate rises.

Home Loans

05 Nov, 2022

5 min read

RBA hikes shrink home buying budget by over $214K for average Aussie family
Peter Terlato

Personal Finance Editor

RBA hikes by 0.25%: What does this mean for a potential recession?

The economic issues we are currently facing are likely to be temporary and Australia is expected to fare better than most countries, potentially avoiding the unfolding global recession. However, it’s likely we’ll see further interest rate rises this year.

Home Loans

04 Nov, 2022

6 min read

RBA hikes by 0.25%: What does this mean for a potential recession?
Laine Gordon

Money Editor

Savers get a big boost as Westpac announces RBA response

Westpac has today confirmed it is passing on the 0.25 percentage point hike to its variable mortgages, however, it has upped the ante by announcing it will increase some savings rates by more than triple this.

Home Loans

02 Nov, 2022

3 min read

Savers get a big boost as Westpac announces RBA response
Liz Seatter

Senior Finance Writer

New home lending plummets as rate rises bite

The value of new home loans being approved has plummeted by $2.26 billion in a month, according to ABS data released today.

Home Loans

02 Nov, 2022

4 min read

New home lending plummets as rate rises bite