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Home Loan News

The latest home loans mortgage news and tips

Eden Radford

External Comms Lead

Monthly inflation spike puts rate hikes back on the menu

The prospect of a 14th rate hike is back on the table as the latest ABS monthly CPI indicator shot up to 4 per cent in the month of May.

Home Loans

26 Jun, 2024

6 min read

Monthly inflation spike puts rate hikes back on the menu
Eden Radford

External Comms Lead

Borrowers to bunker down with rates to stay on hold... until 2025

Borrowers should plan to bunker down for the remainder of the year under the pressure of the current cash rate of 4.35 per cent, as inflation gives the RBA little room for a rate cut this year.

Home Loans

17 Jun, 2024

6 min read

Borrowers to bunker down with rates to stay on hold... until 2025
Mark Bristow

Personal Finance Editor

What to expect from the RBA meeting in June 2024

The Reserve Bank of Australia (RBA) board is unlikely to change the cash rate at its June 2024 meeting, according to economists from some of Australia’s biggest banks. However, pressure from a variety of economic factors may force the RBA to push back previously forecast cash rate cuts until 2025.

Home Loans

14 Jun, 2024

6 min read

What to expect from the RBA meeting in June 2024
Eden Radford

External Comms Lead

Arrears on the rise despite record levels of cash in offset accounts

The total amount of money stashed in offset accounts has hit another record high of $271.72 billion, as borrowers continue to stash cash in their mortgages despite the rate hikes.

Home Loans

12 Jun, 2024

7 min read

Arrears on the rise despite record levels of cash in offset accounts
Eden Radford

External Comms Lead

Cash rate to remain on hold next Tuesday as ANZ pushes rate cuts into 2025

The RBA is set to leave the cash rate on hold at 4.35 per cent following its meeting next week, with ANZ today now saying it does not believe the first rate cut will come until 2025.

Home Loans

11 Jun, 2024

6 min read

Cash rate to remain on hold next Tuesday as ANZ pushes rate cuts into 2025
Mark Bristow

Personal Finance Editor

Cashback home loan deals in June 2024

Australians are running out of time to apply for some cashback deals, with Westpac’s subsidiaries withdrawing their cashback offers from the market as of the end of the month. There are still a limited number of cashback home loan deals available for refinancers and owner occupiers, making it important to compare options before deciding. 

Home Loans

07 Jun, 2024

5 min read

Cashback home loan deals in June 2024
Eden Radford

External Comms Lead

Money in the bank now $200 billion higher than since the start of the hikes + Westpac home loan growth surges ahead

Australians squirrelled away $4.69 billion in the month of April as money in the bank from households continues to hit new heights.

Home Loans

31 May, 2024

4 min read

Money in the bank now $200 billion higher than since the start of the hikes + Westpac home loan growth surges ahead
Eden Radford

External Comms Lead

Monthly inflation ticking along - in the wrong direction

The prospect of cash rate cuts in 2024 remains in doubt following higher than expected inflation figures released from the ABS.

Home Loans

29 May, 2024

4 min read

Monthly inflation ticking along - in the wrong direction
Eden Radford

External Comms Lead

CBA wields the interest rate knife in a bid for a bigger slice of the refinancing pie

Australia’s biggest bank, CBA, has launched a brand-new home loan for refinancers with a discounted rate as low as 6.15 per cent, provided borrowers sidestep both the branch, and the broker, and apply online.

Home Loans

27 May, 2024

5 min read

CBA wields the interest rate knife in a bid for a bigger slice of the refinancing pie
Mark Bristow

Personal Finance Editor

Where can you find rate relief? Some of the top-rated home loans in May 2024

With the Reserve Bank of Australia (RBA) keeping the cash rate on hold in May 2024, and economists from some big banks pushing back their rate cut forecasts, Australians wanting cost of living relief may need to give themselves a rate cut. Comparing home loans options before your switch can give you a better idea of which options may be best for your financial situations and personal goals. 

Home Loans

14 May, 2024

3 min read

Where can you find rate relief? Some of the top-rated home loans in May 2024
Eden Radford

External Comms Lead

Cash rate to hold steady but will the RBA put borrowers back on notice?

Australia’s cash rate is set to remain on hold at 4.35 per cent at the end of the Reserve Bank’s Monetary Policy Meeting tomorrow, however, the Board may put borrowers back on notice that another rate hike could be required.

Home Loans

06 May, 2024

6 min read

Cash rate to hold steady but will the RBA put borrowers back on notice?
Eden Radford

External Comms Lead

Fixing drops to new record low as borrowers hold their breath on rates

The proportion of borrowers opting for a fixed rate hit a new record low of just 1.40 per cent in March, according to the latest ABS statistics.

Home Loans

03 May, 2024

5 min read

Fixing drops to new record low as borrowers hold their breath on rates

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product data updated on

Product data updated on 24 Nov 2024