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Home Loan News

The latest home loans mortgage news and tips

Mark Bristow

Personal Finance Editor

How can you get a home loan interest rate of under 2 per cent?

Banks and mortgage lenders have been slashing home loan interest rates to historical lows in recent months, as they compete for business from the nation’s home buyers. But even with home loans out there with an interest rate with a 1 on the front, how can you successfully apply for one?

Home Loans

23 Jul, 2020

4 min read

How can you get a home loan interest rate of under 2 per cent?
Laine Gordon

Money Editor

Game on as variable rates drop to 1.99 per cent

The home loan war is heating up, with Loans.com.au offering an introductory home loan rate of just 1.99 per cent.

Home Loans

22 Jul, 2020

3 min read

Game on as variable rates drop to 1.99 per cent
Alison Cheung

Finance Writer

RBA governor Philip Lowe encourages mortgagors to refinance

RBA governor Philip Lowe has thrown his support behind the fresh rise in home loan refinancing, as mortgage interest rates fall to historical lows.

Home Loans

22 Jul, 2020

5 min read

RBA governor Philip Lowe encourages mortgagors to refinance
Alex Ritchie

Personal Finance Editor

Is a regional move post-COVID right for you?

If offices are enacting work-from-home policies for longer and longer, does it still make sense to stay living in your expensive, inner-city apartment right by your work?

Home Loans

22 Jul, 2020

5 min read

Is a regional move post-COVID right for you?
Mark Bristow

Personal Finance Editor

How JobTrainer could give you skills to let you buy a home

JobTrainer, coming hot on the heels of JobKeeper, JobSeeker and HomeBuilder, is a government program intended to help new school leavers and those out of work to get the training and qualifications needed to find gainful employment. But could this scheme help you to get the skills needed to boost your income and finally achieve the great Australian dream?

Home Loans

17 Jul, 2020

3 min read

How JobTrainer could give you skills to let you buy a home
Mark Bristow

Personal Finance Editor

The best home loans for July 2020

It’s a new financial year – a time when many Australians re-assess their personal finances. The ongoing effects of the pandemic on our workplaces and economy has left many of us in a much different position to where we were at this time last year.

Home Loans

17 Jul, 2020

3 min read

The best home loans for July 2020
Alison Cheung

Finance Writer

5 steps to take before resuming deferred mortgage repayments

If you've deferred your home loan repayments, you may be keen to avoid growing interest costs on your mortgage.

Home Loans

16 Jul, 2020

4 min read

5 steps to take before resuming deferred mortgage repayments
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

Money Editor

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