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Home Loan News

The latest home loans mortgage news and tips

Alex Ritchie

Personal Finance Editor

Inflation rate hits 7.3%: what does this mean for the cash rate and your home loan?

Inflation has reached a record not seen since the 1990s, according to the latest figures released by the ABS. This could spell bad news for mortgage holders across the country.

Home Loans

26 Oct, 2022

5 min read

Inflation rate hits 7.3%: what does this mean for the cash rate and your home loan?
Alex Ritchie

Personal Finance Editor

RBA expects property prices may fall by 20%: the rising risk of mortgage prison

National property prices could fall by as much as 20% off the back of the cash rate increases, according to the Reserve Bank of Australia, in documents released under Freedom of Information.

Home Loans

24 Oct, 2022

5 min read

RBA expects property prices may fall by 20%: the rising risk of mortgage prison
Mark Bristow

Personal Finance Editor

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

Australia’s Big Four banks quickly announced that they would be passing on the October 2022 cash rate hike set by the RBA on to their customers. With more of these rises coming into effect and affecting Australian household budgets, investors and refinancers may want to look beyond interest rates and also consider other features and benefits when comparing home loans.

Home Loans

20 Oct, 2022

3 min read

Some of the best home loans for investors and refinancers in October 2022
Mark Bristow

Personal Finance Editor

80% of Australian property markets in decline – what does this mean for your mortgage?

Property values across the nation are falling, with a new report showing that almost 80% of Australia’s house and unit markets are now in decline. Combined with the cost of living and rising interest rates, how could these falling values affect your mortgage?

Home Loans

18 Oct, 2022

4 min read

80% of Australian property markets in decline – what does this mean for your mortgage?
Alex Ritchie

Personal Finance Editor

Who hiked interest rates October so far?

Last week, the RBA hiked the cash rate to 2.60%, the sixth consecutive monthly increase since May 2022. Millions of Australian homeowners may be curious to know when their bank may be passing this rate change on to them. 

Home Loans

13 Oct, 2022

4 min read

Who hiked interest rates October so far?
Alex Ritchie

Personal Finance Editor

You might qualify for a LMI waiver - but you'll have to be a doctor or an accountant

In Australia, some professionals can qualify to have LMI waived – but they may not be the borrowers you expect. RateCity research shows that the major banks offer a LMI waiver for medical and legal professionals.

Home Loans

11 Oct, 2022

5 min read

You might qualify for a LMI waiver - but you'll have to be a doctor or an accountant
Alex Ritchie

Personal Finance Editor

The biggest home loan cashback deals on offer in October for refinancers and new purchases

This month, there are 32 cash back deals on offer for refinancers, with six available for new purchases, ranging anywhere from $1,500 to $10,000, depending on the value of the property.

Home Loans

11 Oct, 2022

3 min read

The biggest home loan cashback deals on offer in October for refinancers and new purchases
Alex Ritchie

Personal Finance Editor

Ditching stamp duty for a property tax? Everything you need to know about First Home Buyer Choice

Let's explore how First Home Buyer Choice works, and whether first home buyers are better off paying for stamp duty or the annual property tax.

Home Loans

10 Oct, 2022

6 min read

Ditching stamp duty for a property tax? Everything you need to know about First Home Buyer Choice
Liz Seatter

Senior Finance Writer

RBA hikes shrink average family’s home buying budget by estimated $195,500

As interest rates rise, people applying for a loan are seeing the maximum amount they can borrow from the bank fall because they are paying more in interest.

Home Loans

10 Oct, 2022

4 min read

RBA hikes shrink average family’s home buying budget by estimated $195,500
Mark Bristow

Personal Finance Editor

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

The Reserve Bank of Australia (RBA) is slowing down its hikes to the national cash rate, raising by just 25 basis points in October 2022. But with several of the major banks being quick to announce that they would pass this rise on in full to their home loan customers, it’s important to compare your options when looking for a low-rate home loan.

Home Loans

07 Oct, 2022

3 min read

Who is still offering low-rate home loans after the October 2022 rate hike?
Liz Seatter

Senior Finance Writer

How many more RBA rate hikes will there be?

Mortgage borrowers should brace for more interest rate hikes, but just how many RBA increases are coming has economists divided.

Home Loans

07 Oct, 2022

4 min read

How many more RBA rate hikes will there be?
Laine Gordon

Money Editor

Sydney house prices to plunge $175K by end of 2023

The value of the median-priced house in Sydney could drop by a further $175,087 by the end of next year, down to $1.10 million, based on new property price forecasts out today from NAB.

Home Loans

06 Oct, 2022

5 min read

Sydney house prices to plunge $175K by end of 2023