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Home Loan News

The latest home loans mortgage news and tips

Alex Ritchie

Personal Finance Editor

How the big four banks are responding to the coronavirus crisis

Here is a summary of how the big four banks have responded to the coronavirus crisis and emergency RBA cash rate cut.

Home Loans

20 Mar, 2020

3 min read

How the big four banks are responding to the coronavirus crisis
Liz Seatter

Senior Finance Writer

ANZ the only big four bank to cut variable rates for existing customers

The fourth largest lender ANZ has bucked the trend, announcing they will cut variable rates for both new and existing home loan customers by 0.15 per cent.

Home Loans

20 Mar, 2020

3 min read

ANZ the only big four bank to cut variable rates for existing customers
Liz Seatter

Senior Finance Writer

Westpac, NAB join CBA with cuts for small business but nothing for variable customers

Big banks Westpac and NAB have confirmed they will not cut rates for variable home loan customers, instead offering big cuts for small businesses and new fixed rate loans.

Home Loans

20 Mar, 2020

3 min read

Westpac, NAB join CBA with cuts for small business but nothing for variable customers
Alison Cheung

Finance Writer

How the coronavirus could impact Australia’s property market

As Australia experiences a steep rise in confirmed cases of COVID-19 and a recession becomes more likely, concerns over the pandemic’s impact on the property market are mounting.

Home Loans

20 Mar, 2020

4 min read

How the coronavirus could impact Australia’s property market
Laine Gordon

Head of Public Relations

CBA slashes small business rates, holds back on variable home loan customers

Australia’s largest bank, CBA, has confirmed it will not pass on today’s 0.25 per cent emergency cash rate cut to its variable rate customers.

Home Loans

19 Mar, 2020

3 min read

CBA slashes small business rates, holds back on variable home loan customers
Liz Seatter

Senior Finance Writer

Rate cut set for this Thursday: what this means for your mortgage

The RBA could potentially cut the cash rate as early as this Thursday, as the economic impact of the coronavirus pandemic continues to amplify.

Home Loans

16 Mar, 2020

3 min read

Rate cut set for this Thursday: what this means for your mortgage
Alison Cheung

Finance Writer

Lenders to focus efforts on catching liar home loans

Lenders want consumers to be more accountable for the debts they disclose when applying for a home loan.

Home Loans

15 Mar, 2020

3 min read

Lenders to focus efforts on catching liar home loans
Laine Gordon

Head of Public Relations

Banks welcome riskier lending back into the fold

The banks are increasingly taking the foot off the brake on home lending, particularly for ‘riskier’ loans, according to APRA’s quarterly banking figures out today.

Home Loans

10 Mar, 2020

3 min read

Banks welcome riskier lending back into the fold
Alison Cheung

Finance Writer

The lenders that are cutting home loan rates so far

More than 50 lenders have committed to reducing variable rates on home loans, three days after the Reserve Bank of Australia’s decision to slash the official cash rate to a new record low of 0.50 per cent.

Home Loans

06 Mar, 2020

3 min read

The lenders that are cutting home loan rates so far
Liz Seatter

Senior Finance Writer

ING slashing fixed rates to new market low of 2.49%

Australia’s fifth largest bank, ING, is cutting fixed rates to as low as 2.49 per cent on its 3-year fixed rate, effective tomorrow.

Home Loans

05 Mar, 2020

3 min read

ING slashing fixed rates to new market low of 2.49%
Laine Gordon

Head of Public Relations

The state of play, post RBA cut

Eighteen lenders have so far announced they will cut variable rates by up to 0.25 per cent, with all four big banks committing to passing the cut on in full.

Home Loans

03 Mar, 2020

3 min read

The state of play, post RBA cut
Laine Gordon

Head of Public Relations

RBA UPDATE: Big banks lead the rate cut charge

Australia’s two biggest banks, CBA and Westpac, have committed to passing on the full 0.25 per cent rate cut to their variable customers on the back of today’s emergency cash rate cut by the RBA.

Home Loans

03 Mar, 2020

2 min read

RBA UPDATE: Big banks lead the rate cut charge