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Home Loan News

The latest home loans mortgage news and tips

Alison Cheung

Finance Writer

City dwellers flock to regional property due to COVID-19

Regional property markets are set to benefit from COVID-19, as the pandemic accelerates the trend of city dwellers relocating to regional areas.

Home Loans

18 Sep, 2020

4 min read

City dwellers flock to regional property due to COVID-19
Tony Ibrahim

Senior Journalist

Westpac: House prices will rebound, but there will be some 'urgent' sales

A big four bank believes the fall in the housing market will be half as bad as originally projected, claiming they’ll overcome a sell off of defaults to return to growth much quicker than expected.

Home Loans

18 Sep, 2020

5 min read

Westpac: House prices will rebound, but there will be some 'urgent' sales
Tony Ibrahim

Senior Journalist

Houses on the menu for property investors, but many worry they won’t secure a loan

Veteran investors are looking to buy a standalone house in the next year, according to an industry group, but they’re worried banks won’t give them the loans they need.

Home Loans

17 Sep, 2020

4 min read

Houses on the menu for property investors, but many worry they won’t secure a loan
Mark Bristow

Personal Finance Editor

Some of the best owner occupier home loans in September 2020

Even if your home-buying plans have changed, falling prices could make it easier for some first home buyers to take the next step towards becoming home owners. Current owner occupiers may also be able to take advantage of interest rates being recently slashed to new record lows to refinance their home loans.

Home Loans

17 Sep, 2020

3 min read

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

Finance Writer

Australian Finance Group amends clawback rules as mortgage holders rush to refinance

One of Australia’s biggest mortgage provider groups has tweaked how broker commissions are refunded when people take their business elsewhere, just as borrowers refinance in large numbers to take advantage of record low interest rates.

Home Loans

15 Sep, 2020

4 min read

Australian Finance Group amends clawback rules as mortgage holders rush to refinance
Tony Ibrahim

Senior Journalist

The typical home shed about $12,500 this year: ABS

The typical home dropped more than $12,000 in price since the beginning of the year, according to the nation’s statistical agency, possibly ushering in a property fall.

Home Loans

15 Sep, 2020

3 min read

The typical home shed about $12,500 this year: ABS
Alison Cheung

Finance Writer

Reduce Home Loans pulls down lowest variable mortgage rate to 1.89%

A non-bank lender is beating the lowest variable rate record with a 1.89 per cent rate.

Home Loans

14 Sep, 2020

6 min read

Reduce Home Loans pulls down lowest variable mortgage rate to 1.89%
Tony Ibrahim

Senior Journalist

Households had more money in the June quarter despite COVID-19: ABS

Despite the calamity of a once-in-a-century pandemic that led to almost a million jobs being lost, household income went up in the June quarter due to record social security payments, the nation’s statistical body revealed.

Home Loans

14 Sep, 2020

4 min read

Households had more money in the June quarter despite COVID-19: ABS
Tony Ibrahim

Senior Journalist

Banks look to jump-start economy while dealing with COVID-19

NAB and Westpac offered some insight into the economic casualties of the COVID-19 pandemic and a recovery path forward in their responses to a parliamentary committee today.

Home Loans

11 Sep, 2020

6 min read

Banks look to jump-start economy while dealing with COVID-19
Alison Cheung

Finance Writer

Sharp fixed rate deals spur home loan borrowers to lock in their interest rates

Home loan borrowers are scrambling to lock in their interest rates, as fixed rates continue to tumble.

Home Loans

11 Sep, 2020

5 min read

Sharp fixed rate deals spur home loan borrowers to lock in their interest rates
Alison Cheung

Finance Writer

NSW mortgage refinancers rush back to the big banks during COVID-19

Refinancers in NSW have flocked to the big four banks, as the uncertainty of COVID-19 weighs on mortgage holders’ financial decisions.

Home Loans

10 Sep, 2020

5 min read

NSW mortgage refinancers rush back to the big banks during COVID-19
Tony Ibrahim

Senior Journalist

Australians readying to open their wallets and spend: Westpac

Australians are ready to spend their way out of a recession with consumer confidence soaring by almost 20 per cent in a month, research from Westpac suggests.

Home Loans

10 Sep, 2020

4 min read

Australians readying to open their wallets and spend: Westpac