Home
Home Loans
News
Home Loan News

Home Loan News

The latest home loans mortgage news and tips

Laine Gordon

Head of Public Relations

NSW under most mortgage stress

Borrowers in NSW are on average closest to suffering mortgage stress compared to those living in the other states and territories, new research has revealed.

Home Loans

17 Jun, 2011

3 min read

Laine Gordon

Head of Public Relations

Refinancing packages account for one in three home loans

The number of homeowners seeking to refinance their home loan to get a better deal has jumped by 5 percent in the first quarter of 2011. Refinancing now accounts for around one in every three home loans approved.

Home Loans

17 Jun, 2011

2 min read

Refinancing packages account for one in three home loans

Laine Gordon

Head of Public Relations

Nationwide property round up

It’s a buyers’ market in Melbourne; auctions go gangbusters on the Sunshine Coast; properties are overpriced in WA, and if you’re looking to invest, units are the way to go.

Home Loans

16 Jun, 2011

2 min read

Laine Gordon

Head of Public Relations

First homebuyers happy to take in boarders to pay the mortgage

Would you be willing to rent out the spare room, or live at home with the folks for longer in order to afford your own home? According to a new Mortgage Choice survey, young Australians are prepared to do both.

Home Loans

15 Jun, 2011

2 min read

First homebuyers happy to take in boarders to pay the mortgage

Laine Gordon

Head of Public Relations

Home loan approval figures improve in April

Home loan approvals rose by 4.8 percent in April, but the RBA warns this is not a sign the lending slump is over.

Home Loans

14 Jun, 2011

2 min read

Home loan approval figures improve in April

Laine Gordon

Head of Public Relations

RBA keeps interest rates steady

In spite of all the will-they-or-won’t-they hoopla surrounding an interest rate rise, the Reserve Bank of Australia (RBA) has once more kept the official cash rate on hold at 4.75 percent.

Home Loans

13 Jun, 2011

2 min read

Laine Gordon

Head of Public Relations

Women waiting for the right mortgage

New research from RAMS reveals more women are applying for a home loan on their own.

Home Loans

12 Jun, 2011

2 min read

Laine Gordon

Head of Public Relations

First homebuyers will be hardest hit by interest rate rise

The Reserve Bank of Australia has warned that first homebuyers who purchased in 2009 with the assistance of increased government grants may be the hardest hit by the impending interest rate rise.

Home Loans

11 Jun, 2011

2 min read

First homebuyers will be hardest hit by interest rate rise

Laine Gordon

Head of Public Relations

Refinancers kickstart flailing mortgage market

Reduced house prices and a steady cash rate gave home buyers the confidence to borrow in April, kickstarting an otherwise stagnant 2011 mortgage market. It's the first recorded increase in the number of home loans taken out this year.

Home Loans

10 Jun, 2011

4 min read

Refinancers kickstart flailing mortgage market

Laine Gordon

Head of Public Relations

NAB wins Money magazine 2011 Home Lender of the Year award

NAB took out the top spot for best mortgage in Money magazine’s home lending category in their annual Consumer Finance Awards.

Home Loans

10 Jun, 2011

2 min read

NAB wins Money magazine 2011 Home Lender of the Year award

Laine Gordon

Head of Public Relations

Luxury home market slumps

New data from The RP Data-Rismark home value index for April reveals that luxury homes in Australia’s most expensive suburbs lost 5.4 percent of their value over the last year, while homes in less expensive areas largely held steady, dropping by just 0.9 percent. Homes in the cheapest suburbs also maintained their value, falling by only 0.5 percent.

Home Loans

09 Jun, 2011

2 min read

Laine Gordon

Head of Public Relations

Bank customer satisfaction How did your bank fare?

According to Roy Morgan’s Bank Customer Satisfaction Report, the major banks saw an increase of 0.1 percent to 72.9 percent in overall customer approval ratings in the March to April period.

Home Loans

04 Jun, 2011

2 min read