Home Loan News

CBA takes the axe to fixed rates

Australia’s largest bank has today cut its fixed rate home loans, making it the last of the big four banks to adjust fixed rates since the RBA cash rate cut on July 2.

Eight lenders offering variable home loans under 3.10%

What a difference two months makes for Australian home loan customers.

How you can still get a slice of the Great Australian Dream

Over 70 per cent of Australians still consider property ownership to be the Great Australian Dream, according to new research from Commonwealth Bank of Australia.

Cheapest rents found in Perth and Adelaide

Australia’s renters on the east coast may need to look a bit further afield to find more affordable places to live, with a new report revealing that the cheapest rents are found in Adelaide and Perth. Property investors however, may welcome news that the highest rents can be found in Canberra and Sydney.

Home lending continues to fall.. but for how long?

ABS figures out today show first home buyers have continued to gain market share while the rest of the home lending market continues to fall.

Fewer homes taken to auction in July

New research from CoreLogic has found that auction volumes remain lower year-on-year, with the number of homes taken to auction over the first week of July less than that of the same time last year.

APRA changes: why the average Aussie family can now borrow $60K more

APRA’s decision today to remove the 7 per cent floor on home loan serviceability assessments will help take the brakes off Australia’s home loan credit crunch.

What the big bank rate cuts mean for mortgage holders

Variable mortgage rates set to fall below 3 per cent

Why the banks aren’t likely to pass on the next RBA rate cut in full

The RBA could cut the cash rate again as early as tomorrow however it’s unlikely the big four banks will pass it on in full.

Comprehensive credit reporting is about to reach critical mass

The future has arrived. And borrowing money will never be the same again.

“Emotionally draining”: how first home buyers can avoid application anxiety

For many lucky Australians, buying your first home can be a positive experience. But new research from St. George shows that the majority of applicants find the process emotionally draining.