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Home Loan News

The latest home loans mortgage news and tips

Mark Bristow

Personal Finance Editor

11 home loan cashback deals available in January 2024

If you’re considering refinancing this year, or looking for your first home loan, a cashback deal could be a competitive perk to prioritise when comparing home loans.

Home Loans

23 Jan, 2024

4 min read

11 home loan cashback deals available in January 2024
Eden Radford

External Comms Lead

NAB updates cash rate call, joins other big four banks in forecasting hold for February

NAB, Australia’s third largest bank, has today updated its cash rate forecast, changing from a 0.25 percentage point hike in February, to a hold.

Home Loans

17 Jan, 2024

4 min read

NAB updates cash rate call, joins other big four banks in forecasting hold for February
Mark Bristow

Personal Finance Editor

Some of the top-rated home loans in January 2024

Even if you’re still in holiday mode following the Christmas and New Year break, it may be worth keeping a close eye on Australia’s mortgage market. With the chance that interest rates could start falling later in the year, getting your finances organised could help to put you in a better position for when the time is right.

Home Loans

15 Jan, 2024

3 min read

Some of the top-rated home loans in January 2024
Eden Radford

External Comms Lead

Refinancing stabilises as home lending continues to climb

The value of refinanced mortgages rose slightly in the month of November, lifting by a modest $121 million – the first increase in four months.

Home Loans

12 Jan, 2024

5 min read

Refinancing stabilises as home lending continues to climb
Mark Bristow

Personal Finance Editor

Some of the top-rated home loans for investors and refinancers in December 2023

The cumulative effect of 13 cash rate hikes from the Reserve Bank of Australia (RBA) since May 2022 may be helping to tackle inflation, so it can hopefully fall into the RBA’s target band by 2025 on schedule. But in the meantime, many Australian homeowners and investors are doing it tough, thanks to higher home loan interest rates and banks hiking rates out of cycle from the RBA.

Home Loans

15 Dec, 2023

2 min read

Some of the top-rated home loans for investors and refinancers in December 2023
Mark Bristow

Personal Finance Editor

Too hot to handle? One in five property investors to sell in 2024

Higher interest rates could push a significant portion of Australia’s property investors to sell a property over the coming year, according to new mortgage broker research.

Home Loans

13 Dec, 2023

3 min read

Too hot to handle? One in five property investors to sell in 2024
Mark Bristow

Personal Finance Editor

NAB launches Meet Now virtual appointment service for home loan customers

A new service from National Australia Bank (NAB), is set to connect Australians with home loan bankers within 15 minutes, providing increased convenience in the age of digital banking.

Home Loans

08 Dec, 2023

2 min read

NAB launches Meet Now virtual appointment service for home loan customers
Eden Radford

External Comms Lead

ANZ increases rate on its basic variable loan

ANZ, Australia’s fourth largest home loan lender, has today increased the rate of its basic variable mortgage by 0.10 percentage points for both owner-occupiers and investors paying principal and interest, and investors paying interest-only.

Home Loans

08 Dec, 2023

4 min read

ANZ increases rate on its basic variable loan
Mark Bristow

Personal Finance Editor

Some of the top-rated home loans in December 2023

The Reserve Bank of Australia (RBA) board delivered Australian mortgage holders an early Christmas present at its December 2023 meeting by keeping the nation's cash rate on hold at 4.35%. But with economists from some of Australia’s big banks forecasting another rate hike in February 2024, Australian homeowners may not be feeling the love by the time Valentine’s Day rolls around.

Home Loans

05 Dec, 2023

3 min read

Some of the top-rated home loans in December 2023
Eden Radford

External Comms Lead

The average borrower has shelled out almost $25K extra since the start of the hikes

New research from RateCity.com.au shows the average borrower who hasn’t refinanced has paid more than $24,000 extra in interest as a result of the RBA rate rises over the last twenty months.

Home Loans

05 Dec, 2023

6 min read

The average borrower has shelled out almost $25K extra since the start of the hikes
Alex Ritchie

Personal Finance Editor

14 home loan cashback deals still available in December

In December, there are 14 lenders offering cashback deals ranging from $2,000 up to $10,000. Refinancers and first home buyers have a range of deals to compare, as well as other competitive incentives.

Home Loans

05 Dec, 2023

5 min read

14 home loan cashback deals still available in December
Mark Bristow

Personal Finance Editor

What to expect from the RBA meeting in December 2023

As 2023 draws to a close, it’s time to ask if the Reserve Bank of Australia (RBA) has one more rate rise left in the tank for the year. Economists from some of Australia’s leading banks have their own thoughts, based on previous RBA updates, new inflation data, and their own economic modelling for 2024 and beyond.

Home Loans

01 Dec, 2023

6 min read

What to expect from the RBA meeting in December 2023