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The latest home loans mortgage news and tips

Tony Ibrahim

Senior Journalist

RBA cuts cash rate to 0.10%, extraordinary new low not seen in 30 years

The nation’s central bank has made it possible for lenders to lower interest charges on mortgages by cutting the cash rate to an extraordinary new low, but it’s unclear if banks will pass the savings on.

Home Loans

03 Nov, 2020

5 min read

RBA cuts cash rate to 0.10%, extraordinary new low not seen in 30 years

Tony Ibrahim

Senior Journalist

Housing prices recover after months of losses, but economists warn it’s “artificial”

The property market has returned to growth after a five month streak of falling prices, but economists warn the recovery could be “artificial”.

Home Loans

03 Nov, 2020

4 min read

Housing prices recover after months of losses, but economists warn it’s “artificial”

Laine Gordon

Money Editor

Homestar ups the ante with new lowest rate in the country, ahead of RBA

Homestar Finance has announced a new ongoing variable rate of just 1.79 per cent on the eve of a potential RBA cut.

Home Loans

03 Nov, 2020

4 min read

Homestar ups the ante with new lowest rate in the country, ahead of RBA

Mark Bristow

Personal Finance Editor

Some of the best investor mortgages at the end of October 2020

Despite disruptions to Australia’s economy in recent months, and the potential for further uncertainty in the immediate future, some property investors may instead be thinking about the longer term. With property often showing its value as an asset over a longer period than other investments, it’s important to consider whether your investment mortgage not only suits your needs now, but is likely to continue to do so in the future.

Home Loans

30 Oct, 2020

2 min read

Some of the best investor mortgages at the end of October 2020

Tony Ibrahim

Senior Journalist

If the RBA cuts interest rates next week, will the banks pass it on?

The guardpost used by banks to set interest rates for mortgages could drop to a never before seen low, putting pressure on the big four banks to pass the savings onto homeowners.

Home Loans

29 Oct, 2020

4 min read

If the RBA cuts interest rates next week, will the banks pass it on?

Liz Seatter

Senior Finance Writer

Banks keep cutting new customer rates - but will they pass on an RBA one?

A total of 30 lenders have cut new customer rates this month ahead of Tuesday’s RBA meeting but only for new customers or those willing to fix.

Home Loans

29 Oct, 2020

3 min read

Banks keep cutting new customer rates - but will they pass on an RBA one?

Tony Ibrahim

Senior Journalist

Australian property prices grow in value for the first time since the pandemic

Houses and units both went up in value over the last quarter, according to a new report, posting gains for the first time since the pandemic put prices in freefall.

Home Loans

29 Oct, 2020

5 min read

Australian property prices grow in value for the first time since the pandemic

Tony Ibrahim

Senior Journalist

Mortgage defaults rise, Analysts warn there’s more to come

Record low property prices and decreasing loan costs haven’t helped a growing number of people who have fallen behind on their mortgage repayments, -- and the trend is only expected to get worse.

Home Loans

28 Oct, 2020

5 min read

Mortgage defaults rise, Analysts warn there’s more to come

Tony Ibrahim

Senior Journalist

Housing at its most affordable level in a decade

Falling property prices and cheap mortgage rates have led to housing reaching its most affordable level in ten years, according to analysts.

Home Loans

28 Oct, 2020

4 min read

Housing at its most affordable level in a decade

Liz Seatter

Senior Finance Writer

Cashback home loans soar since COVID-19 – but are they worth it?

There are now 29 lenders offering cashback deals of up to $4,000 for the average homeowner looking to refinance their mortgage – a new record.

Home Loans

27 Oct, 2020

6 min read

Cashback home loans soar since COVID-19 – but are they worth it?

Tony Ibrahim

Senior Journalist

ASIC kept in the dark on scrapping responsible lending rules

Financial regulators weren’t asked for their assessment on the scrapping of responsible lending laws before the government’s surprise announcement, according to testimony.

Home Loans

27 Oct, 2020

5 min read

ASIC kept in the dark on scrapping responsible lending rules

Tony Ibrahim

Senior Journalist

A quarter of Aussies believe it’s the best time to buy a property

A quarter of Australians believe the pandemic and its subsequent response has led to the perfect conditions to snap up a property, according to a bank’s research.

Home Loans

26 Oct, 2020

4 min read