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Home Loan News
The latest home loans mortgage news and tips
Mark Bristow
Personal Finance Editor
Some of the best home loans for owner occupiers in August 2020
You may have noticed that it’s a bit of a weird time to buy property just now, whether as a first home buyer, an upsizer or a downsizer. Lockdown restrictions have affected property supply and demand in different areas, not to mention buyer and seller confidence. Plus, homeowner priorities have been shifting, swinging away from units and apartments and more towards detached housing.
Home Loans
14 Aug, 2020
3 min read
Tony Ibrahim
Senior Journalist
Banks should exhaust options to keep people struggling in their homes: Regulators
Australia’s financial regulators expect banks will exhaust their options to keep people in their homes as best they can if they’re unable to pay off their mortgages.
Home Loans
14 Aug, 2020
4 min read
Alison Cheung
Finance Writer
Surge in sellers axing property prices, but discounts smaller than 2019
More property sellers across Australia are marking down their listing prices amid a COVID-19 impacted market.
Home Loans
13 Aug, 2020
4 min read
Tony Ibrahim
Senior Journalist
CBA: Fewer mortgage holidays, but house prices may dip
Commonwealth Bank expects most people on a mortgage holiday could return to make repayments soon, that the most vulnerable could swap over to interest only loans, and that house prices could dip.
Home Loans
13 Aug, 2020
4 min read
Tony Ibrahim
Senior Journalist
Fraction of 2019 renovations meet HomeBuilder spending threshold, survey finds
Only ten per cent of renovations cost more than $150,000 to complete last year, according to a new survey, providing insight into the number of renovations that may be eligible for the HomeBuilder scheme.
Home Loans
12 Aug, 2020
5 min read
Alison Cheung
Finance Writer
Athena offers automatic interest rate cuts to mortgage holders
Digital-only home loan lender Athena is dishing out automatic interest rate cuts to borrowers as they pay off bigger chunks of their mortgages.
Home Loans
12 Aug, 2020
4 min read
Alison Cheung
Finance Writer
Mortgage stress affecting 40% of households, despite property market aflush with stimulus
Billions of dollars’ worth of government and bank support has failed to put a lid on mortgage stress, soaring to its highest level ever.
Home Loans
11 Aug, 2020
4 min read
Mark Bristow
Personal Finance Editor
Lenders slash mortgage rates while Australians top up offset accounts
Average home loan interest rates have declined by between 33 and 45 basis points over the last quarter, according to the Reserve Bank of Australia (RBA). While this has reportedly led more Australians to refinance their mortgages and top up their offset accounts, fewer new home loans have been recorded.
Home Loans
08 Aug, 2020
4 min read
Tony Ibrahim
Senior Journalist
Government COVID-19 support payment extended, criteria relaxed
The Federal Government has expanded its JobKeeper support payment for businesses and relaxed eligibility criteria in the wake of a pandemic teetering on a second wave along Australia’s east coast.
Home Loans
07 Aug, 2020
4 min read
Alison Cheung
Finance Writer
The newest suburbs in Australia to crack the million-dollar mark
Forty-six suburbs across the country entered the million-dollar club in the year to June 2020.
Home Loans
06 Aug, 2020
5 min read
Tony Ibrahim
Senior Journalist
Renters hit by pandemic rarely offered helpful discounts, survey finds
Less than ten per cent of renters confronted with a loss of income during COVID-19 were granted relief with an adequate discount, a report has found.
Home Loans
06 Aug, 2020
4 min read
Laine Gordon
Head of Public Relations
Home loan market shows signs of life as variable rates hit 1.95%
New home lending has partially recovered from its record drop last month according to ABS figures released today. It comes as home loan rates keep on tumbling, with a new lowest ongoing variable rate of 1.95 per cent now on the market.
Home Loans
05 Aug, 2020
4 min read
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Mark Bristow
Personal Finance Editor
20 Sep, 2024
When will interest rates go down?
Mark Bristow
Personal Finance Editor
20 Sep, 2024
How high will rates go? Here's what experts think about the RBA cash rate
Mark Bristow
Personal Finance Editor
20 Sep, 2024
What to expect from the RBA meeting in September 2024
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