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Home Loan News

The latest home loans mortgage news and tips

Tony Ibrahim

Senior Journalist

RBA holds interest rates, no cut to extraordinary low

Home loan repayments will not likely drop after the nation’s central bank held the cash rate at the historic low of 0.25 per cent, offering the financially strained little additional relief.

Home Loans

06 Oct, 2020

5 min read

RBA holds interest rates, no cut to extraordinary low
Tony Ibrahim

Senior Journalist

Government funded granny flats - what you need to know

Granny flats could be tax exempt in some cases under proposals introduced in this year’s Federal budget, providing yet another incentive for people to hire construction workers and take advantage of a $25,000 government grant.

Home Loans

06 Oct, 2020

3 min read

Government Granny Flat Scheme: How to apply | RateCity
Liz Seatter

Senior Finance Writer

Home loan rates tumble in the last six months, despite no RBA cut

Australia’s banks have continued to cut home loan rates for new customers, despite no RBA cash rate move in the last six months.

Home Loans

06 Oct, 2020

4 min read

Home loan rates tumble in the last six months, despite no RBA cut
Alison Cheung

Finance Writer

House buyers tipped to come out on top in the property market

House buyers with plans to hold their future properties long-term may be in a strong position to nab a bargain in the property market despite COVID-19.

Home Loans

02 Oct, 2020

4 min read

House buyers tipped to come out on top in the property market
Tony Ibrahim

Senior Journalist

Renovation loans over $150k surge as Homebuilder grant lifts development

Loans for renovations over the $150,000 threshold of the government’s Homebuilder grant have experienced a surge, loan data reveals.

Home Loans

02 Oct, 2020

4 min read

Renovation loans over $150k surge as Homebuilder grant lifts development
Tony Ibrahim

Senior Journalist

Housing market shrinks for fifth month, but there’s signs of a recovery

There were signs of a housing recovery in the last month, but they weren’t enough to turn the tide against falling property prices in Australia’s largest cities, CoreLogic said.

Home Loans

01 Oct, 2020

4 min read

Housing market shrinks for fifth month, but there’s signs of a recovery
Tony Ibrahim

Senior Journalist

Home development drops in August, despite Homebuilder stimulus

The number of homes approved to be built across the country continues to fluctuate due to the tumult brought by the coronavirus pandemic, according to new data from the ABS.

Home Loans

01 Oct, 2020

4 min read

Home development drops in August, despite Homebuilder stimulus
Alison Cheung

Finance Writer

Time may be up for homeowners on mortgage holidays

Tens of thousands of Australian homeowners who have paused their mortgage repayments due to COVID-19 are facing a major financial decision today.

Home Loans

30 Sep, 2020

6 min read

Time may be up for homeowners on mortgage holidays
Alison Cheung

Finance Writer

Some of the best home loans for investors in September 2020

For many investors, COVID-19 has been a tough period. Check out some of the top-rated investor home loans for September 2020.

Home Loans

30 Sep, 2020

2 min read

Some of the best home loans for investors in September 2020
Mark Bristow

Personal Finance Editor

How low can a home loan go?

With some economists forecasting that the RBA could further cut the national cash rate at its October or November meeting, possibly into negative rates for the first time in history, what could this mean for paying off your house?

Home Loans

30 Sep, 2020

4 min read

How low can a home loan go?
Alison Cheung

Finance Writer

Property buyers out and about but cautious sellers tipped to hold off this spring

The property market is tipped to see hot buyer demand over the spring selling season, but sellers are not as keen to let their properties go in an uncertain market.

Home Loans

29 Sep, 2020

4 min read

Property buyers out and about but cautious sellers tipped to hold off this spring
Alex Ritchie

Personal Finance Editor

Everything you (and your wallet) need to know about negative interest rates

There’s been a lot of chatter about the Reserve Bank of Australia potentially cutting the cash rate soon, but with only 25 basis points separating it from zero per cent, could we see negative cash rates in Australia?

Home Loans

29 Sep, 2020

6 min read

Everything you (and your wallet) need to know about negative interest rates