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Home Loan News

The latest home loans mortgage news and tips

Alison Cheung

Finance Writer

Are home loan lenders extending mortgage holidays?

Some banks may consider extending some repayment holidays for up to another four months.

Home Loans

14 Jul, 2020

5 min read

Are home loan lenders extending mortgage holidays?
Mark Bristow

Personal Finance Editor

St.George offers $1 LMI for first home buyers

What can you buy for one dollar? A fun size chocolate bar? A scratchie? Half a kilo of supermarket-brand flour? Now the almighty dollar will also be able to cover the cost of Lenders Mortgage Insurance (LMI) for first home buyers taking out a home loan from St.George Bank with a 15 per cent deposit.

Home Loans

14 Jul, 2020

5 min read

St.George offers $1 LMI for first home buyers
Laine Gordon

Head of Public Relations

Record number of Aussies refinance as new home lending plummets

Today’s figures from the ABS show new home lending plunged $2.15 billion in May, the biggest monthly drop ever recorded.

Home Loans

09 Jul, 2020

2 min read

Record number of Aussies refinance as new home lending plummets
Mark Bristow

Personal Finance Editor

How much could you pay for extending your mortgage freeze?

Australians experiencing financial hardship may welcome the news that the big banks are offering to extend mortgage holidays. But while this could provide welcome relief in the short term, what could freezing your mortgage for longer end up costing you in the longer term?

Home Loans

09 Jul, 2020

4 min read

How much could you pay for extending your mortgage freeze?
Alison Cheung

Finance Writer

Housing pain grows for renters and homeowners in Australia

The COVID-19-induced economic downturn has more than doubled the number of people feeling the housing pain in Australia.

Home Loans

09 Jul, 2020

3 min read

Housing pain grows for renters and homeowners in Australia
Laine Gordon

Head of Public Relations

Banks extend mortgage deferrals, but what’s the cost?

Australian banks have today announced that they will allow mortgage holders in severe financial hardship to extend their mortgage repayment pause by up to four months.

Home Loans

08 Jul, 2020

3 min read

Banks extend mortgage deferrals, but what’s the cost?
Alison Cheung

Finance Writer

This is what Australians want in a home post COVID-19

The idea of the dream home has shifted, as Australians emerge from COVID-19 restrictions with new lifestyles.

Home Loans

08 Jul, 2020

3 min read

This is what Australians want in a home post COVID-19
Alex Ritchie

Personal Finance Editor

Cash rate held again, but home loan rates still falling

The Reserve Bank of Australia has again held the cash rate at a record low of 0.25 per cent today, however dozens of home loan lenders have still cut rates out of cycle in June.

Home Loans

07 Jul, 2020

3 min read

Cash rate held again, but home loan rates still falling
Laine Gordon

Head of Public Relations

COVID-19 rewards borrowers, but savers feel the pain

The Reserve Bank is expected to leave the cash rate on hold at 0.25 per cent when it meets this afternoon. But RateCity data shows home loan and deposit rates have continued to tumble in the past month.

Home Loans

07 Jul, 2020

3 min read

COVID-19 rewards borrowers, but savers feel the pain
Alison Cheung

Finance Writer

Four reasons why it pays to know your interest rate and compare

While it’s common for people to vigorously compare their mobile phone and internet plans, many don’t do the same for their loans or savings accounts.

Home Loans

07 Jul, 2020

5 min read

Four reasons why it pays to know your interest rate and compare
Alison Cheung

Finance Writer

COVID-19 helps hoist first-home buyers on the property ladder

COVID-19 has helped revive the great Australian dream for Australian first-home buyers, new research shows.

Home Loans

06 Jul, 2020

3 min read

COVID-19 helps hoist first-home buyers on the property ladder
Alison Cheung

Finance Writer

Australian home prices fall two months in a row

Australian housing values have tumbled by 1.3 per cent in the past two months, according to the latest CoreLogic data, as prices drop for a second consecutive month.

Home Loans

03 Jul, 2020

4 min read

Australian home prices fall two months in a row