Home
Home Loans
Articles

Home Loans Articles

Learn more about how to manage your personal finances with RateCity's home loan articles, including how-to-guides on comparing home loan interest rates, fees, features and other benefits.

RateCity

Comparison home loan interest rates

The comparison rate will combine additional fees with the advertised interest rate and the create an average rate over the life of the loan. Comparison interest rates give you a more realistic interest rate and allow you to budget your expenses and repayments much more effectively.

Home Loans

26 Oct, 2009

1 min read

RateCity

Home Loan Applications

When you fill out a home loan application, you need to make sure all the details are not only filled out correctly but supply the lender with as much information as possible.

Home Loans

23 Oct, 2009

1 min read

RateCity

Super Saturday

Saturday, September 26, 2009 was named as Super Saturday because of the record number of properties that were auctioned and sold in Sydney, according to RP Data

Home Loans

23 Oct, 2009

1 min read

Laine Gordon

Head of Public Relations

Fixed last year? Switch now and pocket $720 a month

Many Australians can save $720 a month by switching from last year’s high fixed rates to a variable home loan. Australian mortgagees may be panicking in light of the interest rate rise announced on October 6. RateCity has shown that borrowers, who locked in to a high fixed rate last year, may now have a window of opportunity to save money on their home loans, if they switch to a variable rate now.

Home Loans

16 Oct, 2009

3 min read

Fixed last year? Switch now and pocket $720 a month

Laine Gordon

Head of Public Relations

Are you wasting $2,700 on home loan fees?

Interest may be the key expense of a mortgage but it pays to be mindful of ongoing fees that can significantly boost the overall cost of a loan. A review of more than 2,000 Australian home loans by RateCity has revealed that almost a third (29 percent) of loans come with ongoing fees, ranging from $3 per month to a hefty $35 each month.

Home Loans

16 Oct, 2009

3 min read

Are you wasting $2,700 on home loan fees?

Laine Gordon

Head of Public Relations

Future suffering First home owners to battle rising rates

Thousands of first time home buyers have cruised into the housing market this year. However, with interest rates set to rise, many home owners could be heading towards mortgage stress.

Home Loans

09 Oct, 2009

3 min read

Future suffering First home owners to battle rising rates

Laine Gordon

Head of Public Relations

Women and mortgages Tackle your home loan fears

If you’re a single woman and the prospect of finding a mortgage leaves you overwhelmed don’t feel alone - most women feel just like you. There are some positive steps you can take to become more confident about choosing a home loan.

Home Loans

09 Oct, 2009

3 min read

Women and mortgages Tackle your home loan fears

Laine Gordon

Head of Public Relations

Smart ways to beat rate rises and mortgage stress

Falling behind in your repayments or suffering mortgage stress

Home Loans

02 Oct, 2009

4 min read

Smart ways to beat rate rises and mortgage stress

Laine Gordon

Head of Public Relations

Rudd's First Home Owners Boost How much is it really saving you?

If you are buying your first home you’re no doubt keen to get the Federal Government’s First Home Owners Grant as well as the First Home Owners Boost. With the cut-off date for the Boost fast approaching (December 31, 2009) you may be stressing about missing out.

Home Loans

02 Oct, 2009

4 min read

Rudd's First Home Owners Boost How much is it really saving you?

Laine Gordon

Head of Public Relations

Discounted home loan rates are you eligible?

There are several ways to save on your home loan when interest rates are on the rise. Economists are tipping a string of Reserve Bank rate rises in the next year and many lenders are already raising their fixed rates

Home Loans

23 Sep, 2009

4 min read

Discounted home loan rates are you eligible?

Laine Gordon

Head of Public Relations

Interest rate wars How fixing can save you thousands

With the Reserve Bank ready to raise official interest rates any tick of the clock, it’s still possible to find a good fixed rate home loan deal. Unless you have a crystal ball it is difficult to know for certain what will happen to interest rates in one, three or five year’s time.

Home Loans

23 Sep, 2009

4 min read

Interest rate wars How fixing can save you thousands

Laine Gordon

Head of Public Relations

Out with the old are new home loans ripping us off?

As competition heats up between the banks, new home loan features are sweeping the mortgage market in a bid to attract consumers to fresh, innovative products.

Home Loans

19 Sep, 2009

4 min read