RateCity.com.au
  1. Home
  2. Home Loans
  3. News
  4. Home Loan News

Home Loan News

The latest home loans mortgage news and tips

Alex Ritchie

Personal Finance Editor

Proposed scheme to see government co-purchase up to 30% of property’s value – what it could cost home buyers

The Grattan Institute has proposed a scheme to support lower-income Australians enter market to buy property with a deposit as little as 5%. And mortgage repayments through this scheme be more affordable compared to a traditional loan and the FHLDS.

Home Loans

21 Feb, 2022

4 min read

Proposed scheme to see government co-purchase up to 30% of property’s value – what it could cost home buyers
Laine Gordon

Money Editor

CBA hikes fixed rates for the second time in 18 days

Australia’s largest bank, CBA, has increased fixed rates for the second time in less than three weeks, with hikes up to 0.25 per cent.

Home Loans

21 Feb, 2022

3 min read

CBA hikes fixed rates for the second time in 18 days
Alex Ritchie

Personal Finance Editor

Regional migration soars as city-dwellers driven outwards by pandemic conditions

The latest data from Commonwealth Bank has found that migration from capital cities to regional areas has more than doubled compared with pre-pandemic levels.

Home Loans

17 Feb, 2022

3 min read

Regional migration soars as city-dwellers driven outwards by pandemic conditions
Mark Bristow

Personal Finance Editor

Some of the best home loans in February 2022

While the Reserve Bank of Australia (RBA) kept the national cash rate on hold at the start of February, economists with several leading banks are predicting that rates will start rising in the second half of 2022. With over 1.1 million Australian households having never previously experienced a rate rise, these changes could potentially affect many household budgets.

Home Loans

16 Feb, 2022

2 min read

Some of the best home loans in February 2022
Alex Ritchie

Personal Finance Editor

Aussie suburbs you can buy a house in for the cost of a Sydney deposit

If saving for the cost of a home deposit in Sydney is feeling impossible, new research from Domain s highlighting suburbs across the county in which you could buy a house for the cost of a 20% deposit in Sydney.

Home Loans

15 Feb, 2022

4 min read

Aussie suburbs you can buy a house in for the cost of a Sydney deposit
Liz Seatter

Senior Finance Writer

ANZ scraps popular Breakfree home loan – find out how it affects you

In a major shake-up, ANZ has announced it will scrap its most popular mortgage– its package loan – impacting 350,000 existing customers.

Home Loans

14 Feb, 2022

4 min read

ANZ scraps popular Breakfree home loan – find out how it affects you
Alex Ritchie

Personal Finance Editor

Everything you need to know about buying property in Queensland

If you’re daydreaming about a sea change to the Sunshine Coast, or a tree change to the tropical rainforests of Northern Queensland, you’re not alone. Let’s explore exactly what home buyers may need to know about moving to Queensland.

Home Loans

14 Feb, 2022

10 min read

Everything you need to know about buying property in Queensland
Mark Bristow

Personal Finance Editor

How could OwnHome work for you?

You may have heard about OwnHome, the rent-to-own startup backed by the Commonwealth Bank, looking to bring a new way to get your foot onto the first rung of the property ladder. But how exactly do the costs break down, and are you really better off than using a traditional mortgage?

Home Loans

14 Feb, 2022

9 min read

How could OwnHome work for you?
Mark Bristow

Personal Finance Editor

Will house prices really drop by 10%? Here's what the banks have to say

Some leading banks are forecasting that the widely anticipated hike to the national cash rate could lead to Australian property prices declining by up to 10 per cent by the end of 2022. What would this mean for you and your mortgage?

Home Loans

11 Feb, 2022

5 min read

Will house prices really drop by 10%? Here's what the banks have to say
Alex Ritchie

Personal Finance Editor

CommBank technology to help customers better manage home loan repayments

If you’ve ever felt the frustration of your income payments not matching the frequency of your bill payments, then the newest feature from the CommBank app may be for you.

Home Loans

10 Feb, 2022

3 min read

CommBank technology to help customers better manage home loan repayments
Laine Gordon

Money Editor

Westpac doubles down with the second round of fixed rate hikes this year

Australia’s second largest bank, Westpac, has today hiked fixed rates for owner-occupiers and investors.

Home Loans

10 Feb, 2022

3 min read

Westpac doubles down with the second round of fixed rate hikes this year
Mark Bristow

Personal Finance Editor

When do the big four banks think mortgage rates will rise?

Even though the Reserve Bank of Australia (RBA) held the national cash rate at its record low of 0.10 per cent in February 2022, change is in the air. While it’s not yet known exactly when the RBA will raise the rate that affects everything from mortgage repayments to savings accounts, the nation’s big four banks are making preparations based on their own forecasts.

Home Loans

09 Feb, 2022

5 min read

When do the big four banks think mortgage rates will rise?