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Home Loan News

The latest home loans mortgage news and tips

Laine Gordon

Money Editor

Refinancing record: over $16 BILLION switched in June

While the value of new loans dipped this month, refinancing has skyrocketed to an all-time high in June.

Home Loans

04 Aug, 2021

3 min read

Refinancing record: over $16 BILLION switched in June
Liz Seatter

Senior Finance Writer

Home lending drops for the first time in 8 months – is Australia’s home buying hysteria fatiguing?

After record-breaking levels of home lending since November 2020, the value of new loans dropped in June this year, according to latest data from the ABS.

Home Loans

03 Aug, 2021

3 min read

Home lending drops for the first time in 8 months – is Australia’s home buying hysteria fatiguing?
Laine Gordon

Money Editor

Don’t ask, don’t get: 3 out of 4 mortgage holders who asked for a rate cut, got one 

Almost three-quarters of variable borrowers who asked for a rate cut, got one, a new survey has found. 

Home Loans

02 Aug, 2021

4 min read

Don’t ask, don’t get: 3 out of 4 mortgage holders who asked for a rate cut, got one 
Liz Seatter

Senior Finance Writer

Australia’s last record low fixed rate disappears – but there’s still 181 rates under 2%

Analysis from RateCity.com.au shows in each fixed rate category (1- 5-years), the lowest rate has now disappeared.

Home Loans

30 Jul, 2021

3 min read

Australia’s last record low fixed rate disappears – but there’s still 181 rates under 2%
Alex Ritchie

Personal Finance Editor

Big bank predicts further 21% growth in Sydney house prices

One of Australia’s biggest banks, NAB, has revealed a new 2021 property growth forecast for Sydney, lifting its previous May estimate of 17% to 21.6%.

Home Loans

27 Jul, 2021

4 min read

Big bank predicts further 21% growth in Sydney house prices
Mark Bristow

Personal Finance Editor

CommBank releases Green Loan to mortgage holders nationwide

The Commonwealth Bank of Australia (CBA) has made its Green Loan available to all of its eligible home loan customers nationally.

Home Loans

26 Jul, 2021

3 min read

CommBank releases Green Loan to mortgage holders nationwide
Alex Ritchie

Personal Finance Editor

Household impacts of COVID-19: ABS

New survey results from the ABS into the household impacts of COVID-19 show how Aussies expected their household income to change over the next 12 months, and how they plan to save and/or spend these funds

Home Loans

20 Jul, 2021

4 min read

Household impacts of COVID-19: ABS
Liz Seatter

Senior Finance Writer

Lockdown bank relief: what’s on offer for you?

With lockdown restrictions now in place across NSW, Victoria and South Australia, the country's banks have rolled out extra support to affected customers.

Home Loans

19 Jul, 2021

3 min read

Lockdown bank relief: what’s on offer for you?
Mark Bristow

Personal Finance Editor

Some of the best investor home loans in July 2021

Recent statistics show that home lending recently hit an all-time high. But it wasn’t owner occupiers and first home buyers driving these figures – rather, it was investors and refinancers.

Home Loans

16 Jul, 2021

2 min read

Some of the best investor home loans in July 2021
Georgia Brown

Personal Finance Editor

Aussie fintech launches unique campaign to challenge ‘outdated’ approach to home loan lending and refinancing

Australian fintech player Nano has unveiled a bold new campaign to highlight the power of technology in making the home loan process easier for customers.

Home Loans

14 Jul, 2021

3 min read

Aussie fintech launches unique campaign to challenge ‘outdated’ approach to home loan lending and refinancing
Mark Bristow

Personal Finance Editor

APRA expects banks to prepare for negative rates

The Australian Prudential Regulation Authority (APRA) wants Australia’s authorised deposit-taking institutions (ADIs) to be prepared just in case the Reserve Bank of Australia (RBA) cuts the nation’s cash rate into negative figures. While the RBA has said in the past that negative rates are highly unlikely, the potential effects of negative rates on Australian banks and their customers mean that it’s important to think about what negative rates could mean for you.

Home Loans

13 Jul, 2021

4 min read

APRA expects banks to prepare for negative rates
Alex Ritchie

Personal Finance Editor

Australia’s new lowest rate green construction loan

Online lender, loans.com.au, has today reduced interest rates on energy-efficient ‘green’ homes to 2.08%. This is now the lowest rate on a green construction loan in the market.

Home Loans

12 Jul, 2021

3 min read

Australia’s new lowest rate green construction loan