- Home
- Home Loans
- News
- Home Loan News
Home Loan News
The latest home loans mortgage news and tips
Liz Seatter
Senior Finance Writer
New home loan stress test – how much less Australians will be able to borrow
The maximum amount Australians can borrow from the bank to buy a property is set to drop, as APRA tightens lending rules. Banks need to check if people can repay their loan at 3% more than their current interest rate, or the ‘floor’ rate set by the bank – whichever is higher.
Home Loans
06 Oct, 2021
5 min read
Laine Gordon
Money Editor
No move expected from the RBA, but banks keep chipping away at variable rates
Variable rates continue to fall, with 27 lenders cutting at least one variable rate in the last month.
Home Loans
04 Oct, 2021
3 min read
Liz Seatter
Senior Finance Writer
Lockdown puts the brakes on new home lending but mortgage sizes blowout
Analysis of the latest ABS data by RateCity.com.au shows the average new loan in NSW and Victoria has risen by more than $100,000 in just a year.
Home Loans
01 Oct, 2021
5 min read
Liz Seatter
Senior Finance Writer
How APRA caps could impact how much Australians can borrow
Consumer advocate RateCity.com.au welcomes news APRA is considering changes to address the increasing risk in Australia’s home lending market.
Home Loans
29 Sep, 2021
6 min read
Laine Gordon
Money Editor
Records slashed as the lowest rate home loan drops to 1.59 per cent
Greater Bank has thrown down the gauntlet to its competitors, cutting its 1- and 2-year fixed mortgage rates to 1.59 per cent – a new record low.
Home Loans
21 Sep, 2021
3 min read
Mark Bristow
Personal Finance Editor
Some of the best home loans for investors and refinancers in September 2021
If you already own a home or investment property and are considering refinancing, the banks may want your business. Lenders are reportedly shifting their focus away from fixed rates, with some big banks slashing variable rates in response to record levels of refinancing activity.
Home Loans
18 Sep, 2021
2 min read
Alex Ritchie
Personal Finance Editor
Home loan deferrals increasing, hardship support triples
If your household has been experiencing the negative economic impacts of COVID-19, you’re not alone, with an increasing number of Australians requesting hardship support on home and business loans, according to the ABA.
Home Loans
16 Sep, 2021
3 min read
Mark Bristow
Personal Finance Editor
RBA governor won’t raise rates to cool house prices
Australia’s national cash rate will be staying on hold until at least 2024, with the governor of the Reserve Bank of Australia (RBA) recommending that other avenues be considered to address rising house prices.
Home Loans
15 Sep, 2021
3 min read
Laine Gordon
Money Editor
NAB hikes fixed rates
Australia’s third largest bank, NAB, has today hiked fixed rates by up to 0.30 per cent for terms of 3 years and above.
Home Loans
15 Sep, 2021
3 min read
Alex Ritchie
Personal Finance Editor
Home loan cashback deals for September 2021
With so many Aussie homeowners looking to refinance their mortgages, cashbacks have remained a popular perk offered by lenders to attract refinancing customers. Let’s explore some of the home loan deals on offer for September 2021.
Home Loans
13 Sep, 2021
4 min read
Mark Bristow
Personal Finance Editor
Some of the best home loans in September 2021
The Reserve Bank of Australia (RBA) kept the nation’s cash rate on hold at its meeting this month. Despite the cash rate remaining steady for the year to date, several Australian mortgage lenders have been adjusting their home loan interest rates out-of-cycle from the RBA, pushing up fixed rates while competing to slash variable rates.
Home Loans
09 Sep, 2021
2 min read
Laine Gordon
Money Editor
Variable home loans – the new battleground for banks
While fixed home loan rates are largely on the rise, an increasing number of lenders are cutting variable rates in a bid to win new customers.
Home Loans
07 Sep, 2021
4 min read
Trending articles
Mark Bristow
Personal Finance Editor
14 Nov, 2024
When will interest rates go down?
Mark Bristow
Personal Finance Editor
14 Nov, 2024
How high will rates go? Here's what experts think about the RBA cash rate
Vidhu Bajaj
Personal Finance Writer
08 Nov, 2024
Cashback home loan deals in November 2024
Popular searches
Best mortgages
>Fixed rate home loans
>Low interest home loans
>Variable rate home loans
>SMSF home loans
>Interest only home loans
>Investor home loans
>First mortgages
>Construction home loans
>Bridging home loans
>Low deposit home loans
>Home loan refinance calculator
>Related calculators
Home loan repayment calculator
>Borrowing power calculator
>Refinance calculator
>Stamp duty calculator
>Lender mortgage insurance (LMI) calculator
>
Find a local mortgage broker
Get expert home loan advice and assistance with your mortgage application.
