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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 in September 2020

September is the traditional start of the Spring Selling Season in Australia’s real estate markets. While 2020 remains a challenging year, with economic recession affecting both property buyers and sellers, banks and other mortgage lenders are continuing to slash home loan interest rates to new lows.

Home Loans

04 Sep, 2020

3 min read

Some of the best home loans in September 2020
Mark Bristow

Personal Finance Editor

6 options for borrowers whose mortgage holidays are coming to an end

Back in March 2020, Australia’s big banks and other mortgage lenders offered to let mortgage holders defer their home loan repayments and relieve some of the financial pressure from the pandemic. With the initial six-month time limit now coming to an end, many Aussie mortgage holders are now facing a choice of what to do next.  

Home Loans

04 Sep, 2020

4 min read

6 options for borrowers whose mortgage holidays are coming to an end
Alison Cheung

Finance Writer

How COVID-19 could make it easier for you to buy a home

The coronavirus has rocked Australia’s economy significantly, but there are signs that first-home buyers could benefit.

Home Loans

03 Sep, 2020

6 min read

How COVID-19 could make it easier for you to buy a home
Tony Ibrahim

Senior Journalist

Investment rentals face vacancies, lower rent and mortgage defaults due to border closures: Corelogic

Investors face empty properties, lower rents and a tougher time servicing their mortgage due to overseas migration falling to its lowest level in more than a century, analysts warn.

Home Loans

03 Sep, 2020

5 min read

Investment rentals face vacancies, lower rent and mortgage defaults due to border closures: Corelogic
Alison Cheung

Finance Writer

Falling home prices see better housing affordability across Australia

Housing affordability across the country is looking up, as property prices come down nationally due to COVID-19.

Home Loans

02 Sep, 2020

4 min read

Falling home prices see better housing affordability across Australia
Tony Ibrahim

Senior Journalist

House, apartment and townhouse developments recover after COVID-19 dip: ABS

The number of houses, townhouses and apartments given the green light to be developed sharply rose recently, turning the tide against a downturn exacerbated by the coronavirus pandemic.

Home Loans

02 Sep, 2020

4 min read

House, apartment and townhouse developments recover after COVID-19 dip: ABS
Alison Cheung

Finance Writer

Housing market loses steam, prices fall for four straight months

Australian housing values edged down by 0.4 per cent in August, marking the fourth consecutive month of falling prices due to COVID-19.

Home Loans

01 Sep, 2020

5 min read

Housing market loses steam, prices fall for four straight months
Tony Ibrahim

Senior Journalist

RBA holds mortgage interest rates at 30 year low, saving rates tumble

The Reserve Bank of Australia has decided to make no changes to the cash rate, a key metric used to corral the interest rate charged on home loans and savings accounts.

Home Loans

01 Sep, 2020

3 min read

RBA holds mortgage interest rates at 30 year low, saving rates tumble
Liz Seatter

Senior Finance Writer

No RBA cut likely, yet banks keep stinging savers

Savers are continuing to be stung by falling interest rates even though the Reserve Bank isn’t expected to cut the cash rate today.

Home Loans

01 Sep, 2020

4 min read

No RBA cut likely, yet banks keep stinging savers
Tony Ibrahim

Senior Journalist

Government’s first home buyers were able to buy four years quicker: report

A $400 million government scheme helped one-in-eight people buy their first property four years quicker, a report has found, leading to calls from an industry association for its expansion.

Home Loans

01 Sep, 2020

4 min read

Government’s first home buyers were able to buy four years quicker: report
Alison Cheung

Finance Writer

Reduce Home Loans brings record low mortgage interest rate down to 1.90%

A non-bank lender has today rolled out an introductory mortgage interest rate of 1.90 per cent, smashing the lowest variable rate record in Australia.

Home Loans

31 Aug, 2020

5 min read

Reduce Home Loans brings record low mortgage interest rate down to 1.90%
Tony Ibrahim

Senior Journalist

Three ways to tighten your budget during COVID-19

COVID-19 has torn through people’s work, social and home lives, creating a need for frugal spending. Here’s three ways you may be able to save money and push the dollars you're spending a little further.

Home Loans

28 Aug, 2020

3 min read

Three ways to tighten your budget during COVID-19