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Home Loan News

The latest home loans mortgage news and tips

Alex Ritchie

Personal Finance Editor

How you can shave years off of your home loan

Your home loan is by far the biggest debt you will ever have, but there are ways you can shave years and thousands of dollars off of your loan. And it could cost as little as $50 a month to do so.

Home Loans

01 Jul, 2020

2 min read

How you can shave years off of your home loan
Laine Gordon

Head of Public Relations

Home loan rates hit new record low of 1.99%

Fixed home loan rates continue to tumble, with Bank of Us the first lender to offer the average Australian a fixed home loan rate under 2 per cent.

Home Loans

29 Jun, 2020

3 min read

Home loan rates hit new record low of 1.99%
Liz Seatter

Senior Finance Writer

Battle of the banks – Australia’s lowest variable rate hits 2.17%

Variable home loan rates continue to drop with Freedom Lend today, the new leader in the mortgage rate wars.

Home Loans

25 Jun, 2020

3 min read

Battle of the banks – Australia’s lowest variable rate hits 2.17%
Alex Ritchie

Personal Finance Editor

Fixed home loan rate war: St. George, Bank of Melbourne and BankSA cut rates

St George, Bank of Melbourne and BankSA cut fixed home loan rates by as much as 0.25 per cent, as the fixed rate war continues to rage.

Home Loans

24 Jun, 2020

5 min read

Fixed home loan rate war: St. George, Bank of Melbourne and BankSA cut rates
Mark Bristow

Personal Finance Editor

June 2020’s best home loans from big banks and new lenders

Recent figures from the Australian Bureau of Statistics (ABS) have shown that while the number of new home loans has started to fall, refinancing is on the rise, putting pressure on Australia’s banks to remain competitive.

Home Loans

23 Jun, 2020

2 min read

June 2020’s best home loans from big banks and new lenders
Alex Ritchie

Personal Finance Editor

Where to now for homeowners on mortgage freezes

Were you one of the thousands of mortgage holders who paused repayments due to the economic impact of COVID-19? Here’s what you need to know if you’re coming to the end of your freeze period.

Home Loans

23 Jun, 2020

5 min read

Where to now for homeowners on mortgage freezes
Alison Cheung

Finance Writer

When are Australia’s property prices expected to go up?

A plunge in population growth may delay a rebound in Australian property prices, despite growth in the housing market in the months before the COVID-19 lockdowns.

Home Loans

19 Jun, 2020

3 min read

When are Australia’s property prices expected to go up?
Liz Seatter

Senior Finance Writer

Variable home loan rates tumble to record low of 2.19%

The home loan rate war continues to heat up as the lowest variable rate in Australia drops to 2.19 per cent.

Home Loans

17 Jun, 2020

3 min read

Variable home loan rates tumble to record low of 2.19%
Laine Gordon

Head of Public Relations

Aussies hunker down on debt in lockdown

Australians wiped a record $1.55 billion off debt accruing interest on their credit cards – the highest drop on record.

Home Loans

10 Jun, 2020

3 min read

Aussies hunker down on debt in lockdown
Alex Ritchie

Personal Finance Editor

The lowest home loan rates come with a catch

Home loan customers rejoice - there’s a new lowest variable home loan rate on the RateCity database, but it comes with a catch.

Home Loans

09 Jun, 2020

5 min read

The lowest home loan rates come with a catch
Alison Cheung

Finance Writer

Why property buyers are out and about despite a recession

Australia is officially in a recession but that hasn’t discouraged buyers on the hunt for a property, as consumer confidence surges.

Home Loans

06 Jun, 2020

3 min read

Why property buyers are out and about despite a recession
Liz Seatter

Senior Finance Writer

Westpac Group cuts new customer rates in a bid to boost its home loan book

Australia’s second largest bank, Westpac, has today cut its basic variable rate to 2.69 per cent, but the offer is solely reserved for new customers with a deposit of more than 30 per cent.

Home Loans

05 Jun, 2020

4 min read

Westpac Group cuts new customer rates in a bid to boost its home loan book