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Home Loan News

The latest home loans mortgage news and tips

Eden Radford

External Comms Lead

NAB announces rate hikes

NAB has announced it is passing on Tuesday’s cash rate hike to variable borrowers in full, effective 17 November.

Home Loans

08 Nov, 2023

2 min read

NAB announces rate hikes
Eden Radford

External Comms Lead

RBA hikes cash rate to 4.35%: what borrowers should do next

The RBA has today increased Australia’s cash rate to 4.35 per cent, the 13th hike since the start of May 2022 and the highest since November 2011.

Home Loans

07 Nov, 2023

6 min read

RBA hikes cash rate to 4.35%: what borrowers should do next
Alex Ritchie

Personal Finance Editor

What can we expect from interest rates in 2024?

With only one more RBA meeting on monetary policy left for the year, let’s explore what Australians can expect from interest rates in 2024, based on the latest predictions.

Home Loans

07 Nov, 2023

6 min read

What can we expect from interest rates in 2024?
Mark Bristow

Personal Finance Editor

What to expect from the RBA meeting in November 2023

Three of Australia’s Big four banks have changed their tune on what they expect the Reserve Bank of Australia (RBA) will do at its upcoming meeting in November 2023. And with all four banks now predicting a hike, when can we realistically expect interest rates to start falling again?

Home Loans

06 Nov, 2023

7 min read

What to expect from the RBA meeting in November 2023
Eden Radford

External Comms Lead

What an RBA rate hike could mean for borrowers

The RBA could hike the cash rate tomorrow to the highest level since November 2011 in its 13th move to rein in inflation since May of last year.

Home Loans

06 Nov, 2023

5 min read

What an RBA rate hike could mean for borrowers
Eden Radford

External Comms Lead

ANZ hikes fixed rates

ANZ, Australia’s fourth largest bank, has hiked fixed rates by up to 0.35 percentage points for both owner-occupiers and investors on 1- to 5-year terms.

Home Loans

03 Nov, 2023

4 min read

ANZ hikes fixed rates
Eden Radford

External Comms Lead

Cashback exodus rattles refinancing market + investors ramp up new lending in time for spring

The value of refinanced mortgages plummeted in the month of September, dropping to $18.53 billion, the lowest level in almost a year.

Home Loans

02 Nov, 2023

5 min read

Cashback exodus rattles refinancing market  + investors ramp up new lending in time for spring
Alex Ritchie

Personal Finance Editor

14 lenders offering cashbacks: Who is still offering cashback deals in November?

If you’re considering refinancing, or looking for your first home loan, it may be worthwhile nabbing a sweetener for your back pocket, like a cashback deal. 

Home Loans

02 Nov, 2023

5 min read

14 lenders offering cashbacks: Who is still offering cashback deals in November?
Mark Bristow

Personal Finance Editor

Some of the top-rated home loans in November 2023

There’s a strong chance that the next meeting of the Reserve Bank of Australia (RBA) board in November 2023 will see the national cash rate rise. All of Australia’s Big Four banks are predicting that the 13th rate hike since April 2022 will arrive in November 2023. But what does this mean for Australian homeowners and first home buyers?

Home Loans

01 Nov, 2023

3 min read

Some of the top-rated home loans in November 2023
Eden Radford

External Comms Lead

Household deposits continue to soar as Australians squirrel money away

Household deposits hit a new record high of almost $1.42 trillion in September, despite pressure from the rising cost of living and 12 RBA hikes.

Home Loans

31 Oct, 2023

5 min read

Household deposits continue to soar as Australians squirrel money away
Eden Radford

External Comms Lead

NAB hikes its basic variable rate for new customers

NAB, Australia’s third largest home loan lender, has today increased the rate of its basic variable mortgage by 0.10 percentage points for new customers paying principal and interest.

Home Loans

27 Oct, 2023

5 min read

NAB hikes its basic variable rate for new customers
Eden Radford

External Comms Lead

All big four bank teams now forecast rate hike in November

All big four bank economic teams are now forecasting a rate hike at the next RBA meeting on 7 November, with Westpac announcing a change to their call this morning.

Home Loans

26 Oct, 2023

3 min read

All big four bank teams now forecast rate hike in November