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Home Loan News

The latest home loans mortgage news and tips

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

Money Editor

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
Liz Seatter

Senior Finance Writer

RBA to hold: have home loan rates hit the bottom?

The Reserve Bank is expected to keep the cash rate on hold at 0.25 per cent when it meets today, but the rate cuts keep coming from the banks for new home loan customers.

Home Loans

02 Jun, 2020

4 min read

RBA to hold: have home loan rates hit the bottom?
Mark Bristow

Personal Finance Editor

Home loans that love you back

We put a lot of love into our homes – it’s where we raise families, build lives, and keep precious memories. So why not try to find a mortgage that offers you as much love in return as you put into your home?

Home Loans

01 Jun, 2020

3 min read

Home loans that love you back
Laine Gordon

Money Editor

Hidden costs of ScoMo’s first home loan deposit scheme

The Australian Government’s First Home Loan Deposit Scheme has been fully reserved, but for those who missed out, a further 10,000 places will be made available from 1 July.

Home Loans

27 May, 2020

5 min read

Hidden costs of ScoMo’s first home loan deposit scheme
Alex Ritchie

Personal Finance Editor

Westpac extends mortgage assistance for COVID-19 affected households

Westpac has handed struggling homeowners another lifeline, announcing further extensions to its COVID-19 hardship support program.

Home Loans

25 May, 2020

3 min read

Westpac extends mortgage assistance for COVID-19 affected households
Laine Gordon

Money Editor

Home loan cash backs heat up, but are they worth it?

More than a dozen lenders are offering cash incentives for home owners willing to move their business to a new lender, with Suncorp Bank, Reduce Home Loans and 86 400 the latest to put cash offers on the table.

Home Loans

21 May, 2020

6 min read

Home loan cash backs heat up, but are they worth it?