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Home Loan News

The latest home loans mortgage news and tips

Liz Seatter

Senior Finance Writer

CBA cuts variable rates again – but existing customers miss out

CBA has now lowered variable rates for new customers twice since the RBA hikes began in May.

Home Loans

02 Sep, 2022

4 min read

CBA cuts variable rates again – but existing customers miss out
Laine Gordon

Money Editor

New home lending tanks in July

The value of new home lending has fallen by $2.62 billion in July – the biggest monthly drop on record in dollar terms.

Home Loans

01 Sep, 2022

5 min read

New home lending tanks in July
Peter Terlato

Personal Finance Editor

The pockets of Sydney and Melbourne where house prices have dropped the most

Since March the time needed for a median income household to save a 20 percent deposit has fallen by about three months in both Sydney and Melbourne but other constraints mean mortgage serviceability is still a difficult accomplishment.

Home Loans

01 Sep, 2022

3 min read

The pockets of Sydney and Melbourne where house prices have dropped the most
Laine Gordon

Money Editor

Another double hike likely on Tuesday: cash rate could hit highest level in almost 8 years

The Reserve Bank is set to hike the cash rate for the fifth month in a row on Tuesday, in another bid to curb inflation.

Home Loans

01 Sep, 2022

5 min read

Another double hike likely on Tuesday: cash rate could hit highest level in almost 8 years
Alex Ritchie

Personal Finance Editor

What the new home energy standards mean for home buyers and housing affordability in Australia

In parts of Australia, all new homes will need to meet a high efficiency rating and accessibility requirements. However, these changes have experts questioning what the impact on housing affordability could be.

Home Loans

29 Aug, 2022

4 min read

What the new home energy standards mean for home buyers and housing affordability in Australia
Liz Seatter

Senior Finance Writer

NAB the latest big four bank to cut variable rates – but only for new customers

Since the RBA hikes began in May, 23 lenders have lowered variable rates for new customers, including CBA, Westpac, NAB and ANZ.

Home Loans

29 Aug, 2022

4 min read

NAB the latest big four bank to cut variable rates – but only for new customers
Mark Bristow

Personal Finance Editor

Could climate change increase your risk of "mortgage prison"?

Economic factors such as inflation, the cost of living, and rising interest rates could see Australians at higher risk of “mortgage prison”, where they’re unable to refinance their home loans. Now the Reserve Bank of Australia (RBA) is highlighting the risk that climate change poses to your personal finances, as well as the economy as a whole.

Home Loans

24 Aug, 2022

4 min read

Could climate change increase your risk of "mortgage prison"?
Alex Ritchie

Personal Finance Editor

From Western Sydney to Queanbeyan: suburbs where first home buyers are flocking

New data from NAB has revealed the areas leading the way for first home buyer purchases, and the ACT and Western Sydney have topped the list.

Home Loans

24 Aug, 2022

4 min read

From Western Sydney to Queanbeyan: suburbs where first home buyers are flocking
Alex Ritchie

Personal Finance Editor

Regional areas where property prices are over $1 million: how much could regional mortgages cost if rates keep rising?

The cost of buying in popular regional could cost you over one million dollars. With interest rates rising across the country, you may be asking how much a mortgage could cost over the next year in these areas.

Home Loans

22 Aug, 2022

5 min read

Regional areas where property prices are over $1 million: how much could regional mortgages cost if rates keep rising?
Liz Seatter

Senior Finance Writer

15 lenders cut fixed rates this month – should borrowers fix or stay variable?

15 lenders including CBA, Westpac, Macquarie, Suncorp and Athena have cut fixed rates this month, signalling a shift in the market, as more borrowers begin shopping around.

Home Loans

19 Aug, 2022

5 min read

15 lenders cut fixed rates this month – should borrowers fix or stay variable?
Laine Gordon

Money Editor

Westpac the last of the big 4 banks to lift rates post-RBA, with a surprise twist

Westpac has today passed on the RBA’s August 0.50 percentage point hike in full to its variable home loan customers.

Home Loans

18 Aug, 2022

5 min read

Westpac the last of the big 4 banks to lift rates post-RBA, with a surprise twist
Alex Ritchie

Personal Finance Editor

Regional property prices fall: where you can nab a sea-change discount

ANZ predicts a near 20% drop in housing prices in Australia. Meanwhile, new figures from CoreLogic show the downward impact rising interest rates have already made on regional property prices.

Home Loans

18 Aug, 2022

3 min read

Regional property prices fall: where you can nab a sea-change discount