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Home Loan News

The latest home loans mortgage news and tips

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

Money Editor

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

Money Editor

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

Money Editor

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
Laine Gordon

Money Editor

RBA fires off an emergency rate cut, Westpac passes it on in full

The RBA has been forced to make an emergency rate cut today, slashing official rates to a new record low of 0.50 per cent.

Home Loans

03 Mar, 2020

3 min read

RBA fires off an emergency rate cut, Westpac passes it on in full
Alex Ritchie

Personal Finance Editor

How to win the bank home loan rate war

As home loan rates plunge to new lows, you may be wondering how you can win the bank rate war. The answer may be as simple as picking up the phone.

Home Loans

28 Feb, 2020

4 min read

How to win the bank home loan rate war
Alison Cheung

Finance Writer

New CBA scheme to provide mortgage repayment protection for homeowners

Commonwealth Bank will cover about 12 months of mortgage repayments for homeowners if an insured immediate family member dies or is diagnosed with terminal illness.

Home Loans

27 Feb, 2020

2 min read

New CBA scheme to provide mortgage repayment protection for homeowners
Liz Seatter

Senior Finance Writer

Big bank home loan war as ANZ slashes fixed rates to 2.68%

Australia’s fourth largest lender, ANZ, has today slashed its fixed rate home loans by up to 0.86 per cent.

Home Loans

21 Feb, 2020

3 min read

Big bank home loan war as ANZ slashes fixed rates to 2.68%
Alison Cheung

Finance Writer

Mortgage stress affecting a third of borrowing owner-occupiers

About one third of borrowing owner-occupier households are in mortgage stress.

Home Loans

20 Feb, 2020

3 min read

Mortgage stress affecting a third of borrowing owner-occupiers