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Home Loan News

The latest home loans mortgage news and tips

Liz Seatter

Senior Finance Writer

Eight lenders now offering home loan rates below 2%

There are now eight lenders offering home loan rates under 2 per cent, with People’s Choice Credit Union today cutting its 1-year-fixed rate to 1.99 per cent.

Home Loans

21 Aug, 2020

3 min read

Eight lenders now offering home loan rates below 2%
Alison Cheung

Finance Writer

Mortgage rate gap between owner-occupiers and investor home loan rates shrinks

The rift between owner-occupier and investor mortgage rates is narrowing, and investors can expect this to continue as new investor lending dwindles.

Home Loans

20 Aug, 2020

5 min read

Mortgage rate gap between owner-occupiers and investor home loan rates shrinks
Alison Cheung

Finance Writer

Regional housing values hold up stronger than capital city properties

Australia’s major regional housing markets are holding up stronger than capital city properties during the COVID-19 downturn.

Home Loans

18 Aug, 2020

4 min read

Regional housing values hold up stronger than capital city properties
Alex Ritchie

Personal Finance Editor

Aussies looking for sea change considering the Sunshine Coast

Do the COVID-19 blues have you daydreaming of sunny Queensland and considering a sea change? You’re not alone, as the latest data from Image Property shows that the idea of moving to the Sunshine Coast is growing in popularity.

Home Loans

18 Aug, 2020

4 min read

Aussies looking for sea change considering the Sunshine Coast
Tony Ibrahim

Senior Journalist

HomeBuilder: As development forecasts slump, government announces red tape cuts

Tradies, teachers and property agents will be able to work across the country – bucking a policy of state-bound licencing – in a plan designed to cut red tape and boost work opportunities.

Home Loans

18 Aug, 2020

5 min read

HomeBuilder: As development forecasts slump, government announces red tape cuts
Alison Cheung

Finance Writer

Two-tier rental market emerges as inner Sydney and Melbourne rental stock shoots up

Rental listings have shot up in inner city pockets of Sydney and Melbourne since COVID-19, despite Australia’s broader rental market beginning to tighten.

Home Loans

17 Aug, 2020

6 min read

Two-tier rental market emerges as inner Sydney and Melbourne rental stock shoots up
Tony Ibrahim

Senior Journalist

Two pronged plan to jump start Australia’s economy: Philip Lowe

Australia’s economic future depends on containing the spread of the coronavirus and how well it can create jobs going forward, Philip Lowe, the head of the RBA, told a parliamentary committee.

Home Loans

14 Aug, 2020

5 min read

Two pronged plan to jump start Australia’s economy: Philip Lowe
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

Some of the best home loans for owner occupiers in August 2020
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

Banks should exhaust options to keep people struggling in their homes: Regulators
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

Surge in sellers axing property prices, but discounts smaller than 2019
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

CBA: Fewer mortgage holidays, but house prices may dip
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

Fraction of 2019 renovations meet HomeBuilder spending threshold, survey finds