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Home Loan News

The latest home loans mortgage news and tips

Laine Gordon

Money Editor

ANZ follows CBA’s lead, hiking variable mortgages but leaving most savers in the cold

ANZ has followed CBA’s lead, hiking variable rate mortgages and one savings account by the full 0.50 percentage points.

Home Loans

04 Aug, 2022

3 min read

ANZ follows CBA’s lead, hiking variable mortgages but leaving most savers in the cold
Laine Gordon

Money Editor

CBA hikes variable mortgages but leaves some savers out to dry

Australia’s biggest bank, CBA, has finally announced it will pass on the full 0.50 percentage point hike to its variable home loan customers and some savings customers.

Home Loans

04 Aug, 2022

5 min read

CBA hikes variable mortgages but leaves some savers out to dry
Liz Seatter

Senior Finance Writer

Macquarie increases mortgage and savings rates following RBA hike

Macquarie Bank is the first major lender to announce it will pass on the full double RBA hike to borrowers and savers.

Home Loans

02 Aug, 2022

3 min read

Macquarie increases mortgage and savings rates following RBA hike
Laine Gordon

Money Editor

New lending takes a $1.41 billion dive, amid record refinancing

The value of new home loans has fallen by $1.41 billion to $30.97 billion in June, as property prices in key capital cities fall.

Home Loans

02 Aug, 2022

5 min read

New lending takes a $1.41 billion dive, amid record refinancing
Mark Bristow

Personal Finance Editor

Some of the best home loans in August 2022

Following the Reserve Bank of Australia’s (RBA’s) decision to hike the national cash rate by 50 basis points at its August 2022 meeting, many owner occupiers and aspiring homeowners may be feeling concerned for their futures.

Home Loans

02 Aug, 2022

3 min read

Some of the best home loans in August 2022
Liz Seatter

Senior Finance Writer

Say goodbye to variable rates under 3% as the RBA hikes by another 0.50%

Households are now facing the fourth cash rate rise in as many months. Variable mortgage rates under 3% are likely to disappear after the RBA today increased the cash rate by another 0.50%.

Home Loans

02 Aug, 2022

4 min read

Say goodbye to variable rates under 3% as the RBA hikes by another 0.50%
Liz Seatter

Senior Finance Writer

Mortgage repayments could rise by almost $500 a month if RBA hikes again tomorrow

The average home loan borrower could be paying almost $500 extra a month on their mortgage in total, if the RBA hikes by 0.50 percentage points tomorrow.

Home Loans

01 Aug, 2022

3 min read

Mortgage repayments could rise by almost $500 a month if RBA hikes again tomorrow
Alex Ritchie

Personal Finance Editor

Property prices plummet in July, but homebuyers still need to save six-figure deposits

CoreLogic research shows that property prices are falling at a rate comparable to the 2008 financial crisis. However, Australians may still need to save a six-figure deposit to nab a property.

Home Loans

01 Aug, 2022

5 min read

Property prices plummet in July, but homebuyers still need to save six-figure deposits
Liz Seatter

Senior Finance Writer

ANZ cuts variable rates - but only for new customers

ANZ has cut new customer variable rates by 0.50 percentage points, in the same month existing customers rates rose by half a percent following the RBA hike.

Home Loans

29 Jul, 2022

5 min read

ANZ cuts variable rates - but only for new customers
Mark Bristow

Personal Finance Editor

What to expect from the RBA meeting in August 2022

With inflation high and unemployment low, the Reserve Bank of Australia (RBA) is being widely tipped to be planning another cash rate hike at its August 2022 meeting. But how much are rates likely to rise, and how long could this last? 

Home Loans

28 Jul, 2022

6 min read

What to expect from the RBA meeting in August 2022
Peter Terlato

Personal Finance Editor

Inflation hits 21-year high: are we headed for stagflation?

Annual CPI rose to 6.1% in June, spurred on by expensive new dwelling purchases, dizzying fuel prices and steep furniture costs.

Home Loans

27 Jul, 2022

5 min read

Inflation hits 21-year high: are we headed for stagflation?
Liz Seatter

Senior Finance Writer

More rate pain on the way for borrowers as inflation soars

With annual inflation rising to 6.1 per cent today, another double hike from the RBA next week looks almost certain.

Home Loans

27 Jul, 2022

5 min read

More rate pain on the way for borrowers as inflation soars