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Home Loan News

The latest home loans mortgage news and tips

Tony Ibrahim

Senior Journalist

Melbourne property listings surge, but economists ask: are they forced sales or is it a rebound?

Melbourne experienced a 330 per cent increase in monthly sale listings, causing experts to examine whether there’s a rise in distressed sales or an economic rebound.

Home Loans

22 Oct, 2020

5 min read

Melbourne property listings surge, but economists ask: are they forced sales or is it a rebound?
Tony Ibrahim

Senior Journalist

Amid record low lending, property investors look for bargain loans

Investor lending has dropped to record lows around the country, but about a third of property investors are watching rates closely in the hope of refinancing.

Home Loans

21 Oct, 2020

4 min read

Amid record low lending, property investors look for bargain loans
Tony Ibrahim

Senior Journalist

TicToc cuts home loan interest rates to new low ahead of RBA meeting

Online lender TicToc has cut interest rates on its home loans a fortnight before a possibly historic rate cut, positioning its product alongside some of the most competitive in the market.

Home Loans

20 Oct, 2020

3 min read

TicToc cuts home loan interest rates to new low ahead of RBA meeting
Tony Ibrahim

Senior Journalist

Homebuilder surpasses 11,000 applications, majority for new builds

A $680 million government initiative intended to stimulate the construction industry during the lull of the coronavirus pandemic has yielded more than 11,000 applications, but so far only about 800 people have received the funds.

Home Loans

16 Oct, 2020

4 min read

Homebuilder surpasses 11,000 applications, majority for new builds
Alison Cheung

Finance Writer

Some of the best owner-occupier home loans in October 2020

The first recession in 30 years has done little to dampen the spirits of home loan borrowers.

Home Loans

15 Oct, 2020

2 min read

Some of the best owner-occupier home loans in October 2020
Alison Cheung

Finance Writer

The incentives available to Australian first home buyers, state-by-state

First home buyers are out in full force despite COVID-19, and that may well be thanks to the many financial incentives available to them.

Home Loans

15 Oct, 2020

8 min read

The incentives available to Australian first home buyers, state-by-state
Tony Ibrahim

Senior Journalist

RBA governor indicates an historic rate cut could be on the cards in November

Mortgage interest rates could fall to an unprecedented low if the head of the nation’s central bank acts on his strongest suggestion yet that the cash rate will be cut.

Home Loans

15 Oct, 2020

4 min read

RBA governor indicates an historic rate cut could be on the cards in November
Tony Ibrahim

Senior Journalist

Mortgage holidays: Almost one in two resume home loan repayments

Almost half of all Australians who deferred their mortgages have resumed repayments, indicating the country is speedily recovering from its first recession in nearly three decades.

Home Loans

15 Oct, 2020

4 min read

Mortgage holidays: Almost one in two resume home loan repayments
Tony Ibrahim

Senior Journalist

Unit rents fall in Melbourne and Sydney, as houses across the country recover

The nation’s largest cities experienced strong falls in rental value, a new report reveals, slowing down a recovery underway in the rest of the country.

Home Loans

15 Oct, 2020

4 min read

Unit rents fall in Melbourne and Sydney, as houses across the country recover
Tony Ibrahim

Senior Journalist

Australians are feeling confident about spending as the economy bounces back

Big bank economists are observing a rebound in people’s willingness to spend on items big and small, after the public stockpiled their savings for months in response to the uncertainty of a pandemic.

Home Loans

14 Oct, 2020

5 min read

Australians are feeling confident about spending as the economy bounces back
Tony Ibrahim

Senior Journalist

Record rebound in home loan borrowing, but investor loans struggle to recover

The rebound from Australia’s first recession in almost 30 years appears to be underway as people spend record amounts on the homes they want to live in, according to the ABS.

Home Loans

13 Oct, 2020

5 min read

Record rebound in home loan borrowing, but investor loans struggle to recover
Alison Cheung

Finance Writer

First home buyers could lose out due to higher interest under government scheme

What first home buyers could save by purchasing a new property under the First Home Loan Deposit Scheme won’t be enough to offset the extra interest costs they could be facing over the life of the loan.

Home Loans

12 Oct, 2020

6 min read

First home buyers could lose out due to higher interest under government scheme