Home Loans Mortgage News

Big bank home loan war as ANZ slashes fixed rates to 2.68%

Australia’s fourth largest lender, ANZ, has today slashed its fixed rate home loans by up to 0.86 per cent.

Liz SeatterFeb 20, 2020( 3 min read )

Mortgage stress affecting a third of borrowing owner-occupiers

About one third of borrowing owner-occupier households are in mortgage stress.

Alison CheungFeb 20, 2020( 3 min read )

Singles step into property market thanks to government scheme

Aussie first home buyers who may have felt priced out of the property market are now getting a foot on the ladder, thanks to the First Home Loan Deposit Scheme.

Alex RitchieFeb 17, 2020( 4 min read )

CBA cuts fixed rates by up to 0.50%

Australia’s largest bank, CBA, has today cut fixed rate home loans by up to 0.50 per cent.

Liz SeatterFeb 14, 2020( 3 min read )

First home buyers surge to decade high

Today’s ABS figures show first home buyers continue to make a comeback; reaching the highest level since December 2009, in seasonally-adjusted terms.

Laine GordonFeb 11, 2020( 2 min read )

ANZ cuts interest rate floor

ANZ will decrease its interest rate floor for home loan serviceability assessments from 5.5 per cent to 5.25 per cent, effective 17 February.

Alex RitchieFeb 11, 2020( 3 min read )

RBA shines spotlight on mortgage loyalty tax

The Reserve Bank Governor has today urged loyal mortgage customers to “shop around” to get a better home loan rate.

Liz SeatterFeb 9, 2020( 3 min read )

The trick to finding the most affordable properties in any suburb

House hunters could potentially save hundreds of thousands in total repayments over the course of their mortgage by looking to the lower end of their desired market.

Alison CheungFeb 6, 2020( 4 min read )

Low rates here to stay as RBA holds cash rate

The RBA has left the cash rate on hold at 0.75 per cent today with Governor Philip Lowe confirming low rates are here to stay.

Liz SeatterFeb 4, 2020( 2 min read )

Banks ready themselves for rate cut but RBA expected to hold

Banks are trimming home loan and deposit rates despite the fact the RBA is likely to keep rates on hold tomorrow, signalling there may still be a cut on the cards later in 2020.

Liz SeatterFeb 3, 2020( 3 min read )

Home buying intentions at record high

Home auctions may soon be even more crowded, with Commonwealth Bank (CBA) reporting that home buying intentions have reached record highs.

Alex RitchieJan 24, 2020( 4 min read )

ANZ cuts home loan and deposit rates

ANZ Bank has today cut both home loan and deposit rates in the lead up to the RBA’s first meeting of the year.

Laine GordonJan 22, 2020( 3 min read )

Save on your mortgage by going green

Australia's first green home loan has just launched, but it's not the first financial institution to reward customers for acting sustainably.

Rachel WastellJan 20, 2020( 4 min read )

First home buyers back at highest level in almost a decade

This is the highest level of new lending for first home buyers since October 2009 – almost a decade.

Laine GordonJan 16, 2020( 2 min read )

5 things you can do to save for a home deposit

With the Australian government’s First Home Loan Deposit Scheme in full swing, there are several things you can do now to get a step closer to coming up with a deposit.

Alison CheungJan 14, 2020( 4 min read )