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Home Loan News

The latest home loans mortgage news and tips

Alison Cheung

Finance Writer

Lenders slash home loan rates ahead of predicted rate cut

Lenders are slashing mortgage rates and lenders’ mortgage insurance costs in the leadup to the widely predicted cut to the RBA cash rate on October 6.

Home Loans

28 Sep, 2020

5 min read

Lenders slash home loan rates ahead of predicted rate cut
Alison Cheung

Finance Writer

Australian investor mortgage rates hit record low of 2.18%

Non-bank lender Homestar Finance has introduced a record-breaking 2.18 per cent mortgage rate for property investors.

Home Loans

25 Sep, 2020

5 min read

Australian investor mortgage rates hit record low of 2.18%
Alex Ritchie

Personal Finance Editor

The top 5 questions to ask when choosing a home loan

Whether you’re working with a mortgage broker, or doing it alone, there are some essential questions you need to ask when choosing a home loan.

Home Loans

25 Sep, 2020

6 min read

The top 5 questions to ask when choosing a home loan
Tony Ibrahim

Senior Journalist

Responsible lending rules are on the cutting board this federal budget

The responsible lending obligations that place the burden on banks to make sure a person can afford to repay the debt they’re being sold could be scrapped in the upcoming federal budget, Treasurer Josh Frydenberg has said.

Home Loans

25 Sep, 2020

4 min read

Responsible lending rules are on the cutting board this federal budget
Liz Seatter

Senior Finance Writer

CBA, Westpac, ING cut home loan rates as RBA cash rate speculation increases

CBA, Westpac and ING have all cut variable rate home loan rates as speculation of an imminent RBA rate cut increases.

Home Loans

25 Sep, 2020

3 min read

CBA, Westpac, ING cut home loan rates as RBA cash rate speculation increases
Tony Ibrahim

Senior Journalist

Eviction moratoriums extended as COVID-19 lingers

Investors managing rental properties won’t be able to evict tenants in the nation’s largest state after the government extended a moratorium.

Home Loans

25 Sep, 2020

4 min read

Eviction moratoriums extended as COVID-19 lingers
Alison Cheung

Finance Writer

Lenders sweeten refinancing deals with thousands of dollars in cashbacks

Lenders are tempting mortgage holders with thousands of dollars in cashback offers in hopes of drawing in new customers.

Home Loans

24 Sep, 2020

7 min read

Lenders sweeten refinancing deals with thousands of dollars in cashbacks
Tony Ibrahim

Senior Journalist

As deferrals end for 450,000 mortgages, APRA sends banks a warning

The bank regulator has spelled out the obligations of banks as they resume the mortgage repayments of borrowers impacted by COVID-19 in an open letter to the industry.

Home Loans

23 Sep, 2020

4 min read

As deferrals end for 450,000 mortgages, APRA sends banks a warning
Tony Ibrahim

Senior Journalist

Home loan pre-approvals surge to new heights

Falling property prices haven’t been enough to shake confidence in the market as mortgage pre-approvals skyrocket to an all time high, according to the largest mortgage broker in Australia.

Home Loans

23 Sep, 2020

4 min read

Home loan pre-approvals surge to new heights
Tony Ibrahim

Senior Journalist

Falling rents could have a scarring impact for years

The drop in demand for rental properties has proven so severe that it may lead to a development fall of hundreds-of-thousands of apartments, according to a government agency.

Home Loans

22 Sep, 2020

4 min read

Falling rents could have a scarring impact for years
Alison Cheung

Finance Writer

“Subdued” rental growth on the cards if international borders not open by 2021: RBA

Inner-city housing rents are tipped to show “subdued” growth in the years ahead if the reopening of international borders is delayed beyond 2021.

Home Loans

21 Sep, 2020

5 min read

“Subdued” rental growth on the cards if international borders not open by 2021: RBA
Tony Ibrahim

Senior Journalist

The tough question facing first home buyers: spend more time or more money?

Many first home buyers are having to make the tough decision between waiting additional years to save a large deposit or spend thousands of dollars extra to buy a property sooner.

Home Loans

21 Sep, 2020

4 min read

The tough question facing first home buyers: spend more time or more money?