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The latest home loans mortgage news and tips

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

Mark Bristow

Personal Finance Editor

Some of the best home loans in November 2022

The November 2022 meeting of the Reserve Bank of Australia (RBA) Board saw the national cash rate increase by 25 basis points, bringing it to 2.85% - the highest level since April 2013. And with inflation now expected to peak at 8 per cent by the end of 2022, the RBA has indicated that more rate hikes are coming.

Home Loans

02 Nov, 2022

4 min read

Some of the best home loans in November 2022

Laine Gordon

Money Editor

NAB to hike variable mortgages by RBA’s 0.25%, but leaves savers in the dark

NAB is the first of the big four banks to announce it is passing on today’s 0.25 percentage point RBA hike in full to its variable mortgage rates. However, NAB has chosen to keep its savings rate decision under wraps again this month.

Home Loans

01 Nov, 2022

2 min read

NAB to hike variable mortgages by RBA’s 0.25%, but leaves savers in the dark

Laine Gordon

Money Editor

Variable mortgage rates set to rise by 0.25% – what will banks do for savers?

The Reserve Bank has today increased the cash rate by 0.25 percentage points to 2.85 per cent, the highest level since the April 2013 RBA meeting.

Home Loans

01 Nov, 2022

5 min read

Variable mortgage rates set to rise by 0.25% – what will banks do for savers?

Laine Gordon

Money Editor

Melbourne Cup rate hike near certainty, but size of hike still up for grabs

The Reserve Bank is set to fire off another cash rate hike tomorrow, with a 0.25 percentage point increase the most likely outcome.

Home Loans

31 Oct, 2022

5 min read

Melbourne Cup rate hike near certainty, but size of hike still up for grabs

Liz Seatter

Senior Finance Writer

On a fixed rate? How to prepare for the cliff

What fixed rate borrowers can do now to get ready for when their ultra-low rate ends and they roll over onto a much higher variable rate.

Home Loans

31 Oct, 2022

5 min read

On a fixed rate? How to prepare for the cliff

Alex Ritchie

Personal Finance Editor

How many more interest rate hikes do we have left?

The RBA is expected to hike the cash rate next Tuesday. Millions of Australian homeowners must be wondering how many more interest rate hikes they can reasonably expect to pay.

Home Loans

27 Oct, 2022

5 min read

How many more interest rate hikes do we have left?

Laine Gordon

Money Editor

RBA double hike back on the cards: Westpac

Westpac is the last of the big four banks to update its cash rate forecast on the back of yesterday’s higher than expected inflation figures, with the bank now predicting a 0.50 percentage point RBA hike on Tuesday.

Home Loans

27 Oct, 2022

5 min read

RBA double hike back on the cards: Westpac

Peter Terlato

Personal Finance Editor

The economic tipping point: when could we see the RBA's moves start to impact inflation?

Ongoing global supply chain delays and materials shortages, as well as Russia’s invasion of Ukraine, China’s covid-zero policy and other economic constraints are key drivers of inflation. So, why haven't central bank's recent interest rate hikes impacted prices?

Home Loans

27 Oct, 2022

7 min read

The economic tipping point: when could we see the RBA's moves start to impact inflation?

Alex Ritchie

Personal Finance Editor

Another 50bps rate hike? What to expect from the RBA November meeting

Three of the big four banks are predicting another 25 basis point cash rate hike on Tuesday at the Reserve Bank of Australia’s next Board meeting to set the cash rate.

Home Loans

27 Oct, 2022

6 min read