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Home Loan News

The latest home loans mortgage news and tips

Liz Seatter

Senior Finance Writer

Investors come up trumps as owner-occupier lending drops off

The latest ABS statistics show owner-occupier lending has dropped, while investor lending has climbed to its highest level since April 2015.

Home Loans

01 Nov, 2021

4 min read

Investors come up trumps as owner-occupier lending drops off
Laine Gordon

Money Editor

RBA cash rate: 1 year on hold, 11 years since last hike

The RBA is set to leave the cash rate on hold when it meets tomorrow, marking one year since the last cash rate cut.

Home Loans

01 Nov, 2021

8 min read

RBA cash rate: 1 year on hold, 11 years since last hike
Liz Seatter

Senior Finance Writer

How the new 3% mortgage stress test will affect home buyers from November

New APRA home loan rules will kick in from November, which will limit the amount people can borrow from the bank. However, potential buyers with pre-approval and buyers mid-settlement will still have their mortgages stress-tested under the old rules.

Home Loans

30 Oct, 2021

5 min read

How the new 3% mortgage stress test will affect home buyers from November
Alex Ritchie

Personal Finance Editor

ABA shakes up hardship rules, introduces savings buffer

The Australian Banking Association has announced a revamp of its hardship support guidelines, as the rate of customers seeking hardship assistance falls across the nation.

Home Loans

29 Oct, 2021

3 min read

ABA shakes up hardship rules, introduces savings buffer
Laine Gordon

Money Editor

NAB the last of the big four banks to hike fixed rates

Australia’s third largest bank, NAB, has made sweeping changes to its home loan rates – the majority of which are hikes. 

Home Loans

27 Oct, 2021

4 min read

NAB the last of the big four banks to hike fixed rates
Liz Seatter

Senior Finance Writer

Home loan hikes continue as ANZ joins CBA and Westpac raising fixed rates

The fixed home loan rate hikes keep coming with ANZ today following the lead of CBA and Westpac by raising rates.

Home Loans

22 Oct, 2021

3 min read

Home loan hikes continue as ANZ joins CBA and Westpac raising fixed rates
Laine Gordon

Money Editor

Millions of borrowers sitting on growing mountain of equity

Soaring house prices might be a thorn for first home buyers, but the property boom in recent years has seen existing borrowers’ equity skyrocket.

Home Loans

21 Oct, 2021

4 min read

Millions of borrowers sitting on growing mountain of equity
Mark Bristow

Personal Finance Editor

Westpac follows CBA and hikes fixed rates

Westpac has today followed CBA’s lead and hiked fixed home loan rates.

Home Loans

19 Oct, 2021

3 min read

Westpac follows CBA and hikes fixed rates
Alex Ritchie

Personal Finance Editor

How to keep your rental costs low in 2021

Struggling to juggle the cost of rental prices with the added financial stress of COVID-related restrictions and lockdowns? There are options available to you to potentially lower your rental costs in 2021.

Home Loans

16 Oct, 2021

4 min read

How to keep your rental costs low in 2021
Mark Bristow

Personal Finance Editor

CBA home loan shake-up: lowest variable rate now 2.29%

The escalating war on variable home loan rates has today intensified with CBA and ING taking the knife to these rates.

Home Loans

15 Oct, 2021

5 min read

CBA home loan shake-up: lowest variable rate now 2.29%
Mark Bristow

Personal Finance Editor

Some of the best home loans in October 2021

With the Reserve Bank of Australia (RBA) committing to keep the cash rate on hold for the next few years, and mortgage lenders continuing to slash interest rates, regulators are taking steps to limit risky borrowing and cool overheated property prices.

Home Loans

14 Oct, 2021

3 min read

Some of the best home loans in October 2021
Alex Ritchie

Personal Finance Editor

One in ten first home buyers received government assistance last year

New findings from the second annual First Home Loan Deposit Scheme Trends & Insights Report found one in ten first home buyers made use of the two major government schemes, with the government guaranteeing more than $1.4 billion in deposit shortfalls.

Home Loans

08 Oct, 2021

3 min read

One in ten first home buyers received government assistance last year