Home Loans Mortgage News

How you can still get a slice of the Great Australian Dream

Over 70 per cent of Australians still consider property ownership to be the Great Australian Dream, according to new research from Commonwealth Bank of Australia.

Alex Ritchie

Jul 22, 2019( 3 min read )

Cheapest rents found in Perth and Adelaide

Australia’s renters on the east coast may need to look a bit further afield to find more affordable places to live, with a new report revealing that the cheapest rents are found in Adelaide and Perth. Property investors however, may welcome news that the highest rents can be found in Canberra and Sydney.

Mark Bristow

Jul 15, 2019( 3 min read )

Latest News

Home lending continues to fall.. but for how long?

ABS figures out today show first home buyers have continued to gain market share while the rest of the home lending market continues to fall.

Alex Ritchie

Jul 11, 2019( 2 min read )

Fewer homes taken to auction in July

New research from CoreLogic has found that auction volumes remain lower year-on-year, with the number of homes taken to auction over the first week of July less than that of the same time last year.

Alex Ritchie

Jul 8, 2019( 3 min read )

APRA changes: why the average Aussie family can now borrow $60K more

APRA’s decision today to remove the 7 per cent floor on home loan serviceability assessments will help take the brakes off Australia’s home loan credit crunch.

Alex Ritchie

Jul 5, 2019( 3 min read )

What the big bank rate cuts mean for mortgage holders

Liz Seatter

Jul 3, 2019( 4 min read )

Variable mortgage rates set to fall below 3 per cent

Liz Seatter

Jul 2, 2019( 4 min read )

Why the banks aren’t likely to pass on the next RBA rate cut in full

The RBA could cut the cash rate again as early as tomorrow however it’s unlikely the big four banks will pass it on in full.

Alex Ritchie

Jul 1, 2019( 3 min read )

Comprehensive credit reporting is about to reach critical mass

The future has arrived. And borrowing money will never be the same again.

Nick Bendel

Jul 1, 2019( 6 min read )

“Emotionally draining”: how first home buyers can avoid application anxiety

For many lucky Australians, buying your first home can be a positive experience. But new research from St. George shows that the majority of applicants find the process emotionally draining.

Alex Ritchie

Jun 26, 2019( 2 min read )

RBA signals that more home loan rate cuts are coming

Banks have been cutting mortgage rates left, right and centre – and it seems more interest rate reductions might be just around the corner.

Nick Bendel

Jun 24, 2019( 3 min read )

Do stricter home loans mean more mortgages in arrears?

Australia’s banks have been recently taking steps to lend money more responsibly, making it that little bit harder for some Aussies to get a home loan. However, according to the Reserve Bank of Australia (RBA), this tightening of lending standards may be partially responsible for a recent increase in the number of Australians falling into arrears on their mortgage repayments.

Mark Bristow

Jun 21, 2019( 3 min read )

Banks back away from risky business

Banks continue to turn their backs on riskier home loans, as the value of new interest-only and low doc loans hit record lows, according to APRA data released today.