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Home Loan News

The latest home loans mortgage news and tips

Laine Gordon

Money Editor

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

Money Editor

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
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

Money Editor

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