Home Loan News

New lending rises in February: another ‘blip’ or has the tide turned?

In a surprise move, the ABS lending to households and businesses figures rose in February, with new owner-occupier loans leading the way with a 3.4 per cent increase from the previous month, in seasonally-adjusted terms.

Two of Australia’s biggest banks have changed their mortgage rates

Considering a home loan with Macquarie Bank or ING? It may have just gotten cheaper.

First home buyers – it’s now or never

If you’ve been scrimping and saving for your first home, you may want to consider buying sooner rather than later while the property market is still hot – er – cold.

ME Bank cuts mortgage rates

ME Bank has reduced its home loan interest rates by up to 50 basis points, which could reduce the cost of a typical mortgage by $42,000.

Is the grass greener for homebuyers outside of Sydney?

If you’re looking to buy your first or next home and considering moving away from Sydney to do so, there are two factors you should keep in mind – how much money and how much time you can save.

Buyers with a 10% deposit get interest rate cut

Online lender loans.com.au has made life easier for younger Australians by making changes to two mortgages popular with first home buyers.

Moving home is all about the heart, the head and the wallet

Australians are prepared to make financial sacrifices to afford an upgrade – but don’t ask us to give up our Ubers and socialising.

Fixed mortgage rates cut

Borrowers looking to lock in their home loan interest rate may have more potential mortgage options to choose from, with Bankwest and Northern Inland Credit Union cutting fixed rates on selected home loans.

UTS professor brings balance to housing debate

Mortgage lending and property prices are in freefall, with potentially damaging consequences for the Australian economy. Should we blame APRA?

Properties more likely to sell high than low across Australia

Housing finance slides in January, as credit cards decline

ABS figures show housing finance tumbled further in January, while the number of credit card accounts continues to fall, according to the RBA.

NAB and other banks cut mortgage rates

National Australia Bank (NAB) last week cut variable mortgage interest rates on selected loans for new owner occupiers making principal and interest repayments. Other banks that also shifted their rates last week included AMP, Teachers Mutual Bank and Adelaide Bank.