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Home Loan News

The latest home loans mortgage news and tips

Mark Bristow

Personal Finance Editor

What to expect from the RBA October meeting

Three out of Australia’s four big banks are tipping another 50-point hike to the national cash rate when the Reserve Bank of Australia (RBA) board meets on the first Tuesday in October 2022. With another hike of this size likely to exacerbate pressures on household budgets around the nation, the next question is: when are Australia’s mortgage holders likely to see some rate relief from the RBA?Change

Home Loans

28 Sep, 2022

6 min read

What to expect from the RBA October meeting
Liz Seatter

Senior Finance Writer

Westpac September RBA rate changes kick in today

Westpac’s savings and home loan RBA rate increases take effect today, four days after CBA, NAB and ANZ increased their rates.

Home Loans

20 Sep, 2022

4 min read

Westpac September RBA rate changes kick in today
Mark Bristow

Personal Finance Editor

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

The Reserve Bank of Australia (RBA) may continue raising the national cash rate at its upcoming meetings to help combat the “scourge” of high inflation. This could make it harder for some homeowners and investors to afford their mortgage repayments, though there are still competitive home loan deals available.

Home Loans

20 Sep, 2022

3 min read

Some of the best home loans for investors and refinancers in September 2022
Alex Ritchie

Personal Finance Editor

Why rising interest rates are hurting houses more than apartments

The latest research from Australia’s central bank shows that houses are the hardest hit by the latest market slump, particularly luxury homes. This sensitivity may be related to rising interest rates.

Home Loans

19 Sep, 2022

4 min read

Why rising interest rates are hurting houses more than apartments
Liz Seatter

Senior Finance Writer

RBA Governor says more rate hikes to come - what this means for borrowers

The average borrower could see their monthly mortgage repayment rise by more than $900 in total if the cash rate rises as forecasted.

Home Loans

16 Sep, 2022

3 min read

RBA Governor says more rate hikes to come - what this means for borrowers
Alex Ritchie

Personal Finance Editor

When will my mortgage repayments increase? How long it takes for rate hikes to kick in

If your lender has announced it is passing on the latest rate hike, you may be wondering when exactly this will impact your mortgage repayments.

Home Loans

16 Sep, 2022

5 min read

When will my mortgage repayments increase? How long it takes for rate hikes to kick in
Mark Bristow

Personal Finance Editor

Will emission ratings affect your property value?

The Australian government’s plan to reduce carbon emissions by 43 per cent by 2030 is set to shake up a range of businesses and industries around the country. But could this target also affect the value of your home, and what can you do to plan ahead for it?

Home Loans

15 Sep, 2022

4 min read

Will emission ratings affect your property value?
Laine Gordon

Money Editor

Refinancing cashbacks hit record high – but are they worth it?

There are now 34 lenders offering home loan cashback deals – a new record high, with deals for the average-sized mortgage of up to $5,000.

Home Loans

14 Sep, 2022

5 min read

Refinancing cashbacks hit record high – but are they worth it?
Alex Ritchie

Personal Finance Editor

Boomers vs Millennials: older generation still afford luxuries while rest tighten belt

A new study shows that while the older generation was able to afford luxuries like home renovations and eating out in 2022, younger Australians were hit hard by higher grocery and fuel prices.

Home Loans

14 Sep, 2022

5 min read

Boomers vs Millennials: older generation still afford luxuries while rest tighten belt
Alex Ritchie

Personal Finance Editor

Who has hiked home loan interest rates in September so far?

Has your lender announced cash rate hikes yet? The big four banks, and many leading Australian lenders, have announced they will be lifting customer home loan interest rates following the latest cash rate hike in September.

Home Loans

12 Sep, 2022

5 min read

Who has hiked home loan interest rates in September so far?
Mark Bristow

Personal Finance Editor

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

Australia’s cash rate has shot upward over 2022, rising from a record low 0.10 per cent to 2.35 per cent in just five months. Home loan interest rates have risen as mortgage lenders pass on these cash rate increases, though there are still some low-rate home loans available for borrowers.

Home Loans

12 Sep, 2022

2 min read

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

Senior Finance Writer

September RBA wrap – find out who’s moved home loan and savings rates

Following the RBA’s 0.50 percentage point hike last Tuesday, here’s how the big four bank home loan and savings rates are changing.

Home Loans

12 Sep, 2022

5 min read

September RBA wrap – find out who’s moved home loan and savings rates