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Home Loan News

The latest home loans mortgage news and tips

Tony Ibrahim

Senior Journalist

RBA makes the case for 20-storey apartments in Sydney

Planning controls -- and not demand -- have pushed the price of apartments in Sydney up by more than half of their construction costs, Australia’s central bank has found.

Home Loans

05 Aug, 2020

3 min read

RBA makes the case for 20-storey apartments in Sydney
Tony Ibrahim

Senior Journalist

As jobless figure creeps, more people defer mortgage repayments

Homeowners who deferred their mortgages are making less repayments than when the pandemic first struck, putting them in the position where they will likely face compounding interest charges in the thousands, according to data released by the financial regulator.

Home Loans

05 Aug, 2020

4 min read

As jobless figure creeps, more people defer mortgage repayments
Alison Cheung

Finance Writer

How COVID-19 is affecting the property rental market

Rental markets in Australia have taken a beating from COVID-19, with rents and yields falling in inner city areas.

Home Loans

04 Aug, 2020

5 min read

How COVID-19 is affecting the property rental market
Alex Ritchie

Personal Finance Editor

Cash rate held but low rates are still up for grabs

The Reserve Bank of Australia (RBA) has today held the cash rate at a record low of 0.25 per cent for the fifth month in a row. But there are still record-low home loan rates up for grabs for borrowers willing to make the switch.

Home Loans

04 Aug, 2020

3 min read

Cash rate held but low rates are still up for grabs
Laine Gordon

Head of Public Relations

Borrowers rush to refinance as loyalty tax bites

The Reserve Bank is expected to leave the cash rate on hold at 0.25 per cent when it meets this afternoon. But a new survey from RateCity.com.au found 43 per cent of home loan borrowers are looking to refinance in light of COVID-19 and record low rates.

Home Loans

04 Aug, 2020

3 min read

Borrowers rush to refinance as loyalty tax bites
Tony Ibrahim

Senior Journalist

RBA considers cutting record low cash rate

High unemployment, tapering stimulus payments, a sagging property market and a possible second COVID-19 wave will be front of mind when the RBA meets to decide if a rate cut should take place.

Home Loans

04 Aug, 2020

5 min read

RBA considers cutting record low cash rate
Tony Ibrahim

Senior Journalist

Property values shrink in capital cities as COVID-19 casts uncertainty: CoreLogic

Australia’s sale and rental market fell for a third month straight led by drops in its largest cities, new data shows, testing its resilience as the country grapples with a pandemic.

Home Loans

03 Aug, 2020

4 min read

Property values shrink in capital cities as COVID-19 casts uncertainty: CoreLogic
Alison Cheung

Finance Writer

Australians hesitant to buy property amid weak confidence in the housing market

Shaky confidence in the property market’s resilience against COVID-19 and the economic downturn has delayed Australians’ property plans.

Home Loans

03 Aug, 2020

4 min read

Australians hesitant to buy property amid weak confidence in the housing market
Georgia Brown

Personal Finance Editor

Strong demand for new homes creates economic momentum for Tasmania

Tasmania has pipped Australia’s other states and territories in the rankings for economic performance for the first time in its own right since October 2009.

Home Loans

03 Aug, 2020

3 min read

Strong demand for new homes creates economic momentum for Tasmania
Laine Gordon

Head of Public Relations

Home loans hit new record low of 1.98%

Homestar Finance has today claimed the title of the lowest fixed rate on the market for new home buyers and refinancers, sitting at 1.98%.

Home Loans

30 Jul, 2020

2 min read

Home loans hit new record low of 1.98%
Alison Cheung

Finance Writer

Government stimulus and low interest rates prop up declining property market

Property prices have tumbled nationally due to COVID-19, but it could have been worse.

Home Loans

30 Jul, 2020

5 min read

Government stimulus and low interest rates prop up declining property market
Alison Cheung

Finance Writer

Bendigo Bank extends offset accounts to fixed rate mortgage holders

Bendigo Bank will offer fixed rate mortgage borrowers the option to access a 100 per cent offset account.

Home Loans

29 Jul, 2020

5 min read

Bendigo Bank extends offset accounts to fixed rate mortgage holders