RateCity Home Loan Mortgage News

Westpac to refund $65 million to customers

Home Loans21 Oct 2017• 2 min read

Affordability eases for owner occupiers, toughens for investors

While increasing levels of government regulation have made housing affordability tougher for property investors in recent months, conditions have eased slightly for owner occupiers as a result, according to the Housing Industry Association (HIA).

Home Loans20 Oct 2017• 2 min read

‘Optimistic’ RBA minutes reveal reasons for cash rate decision

While the RBA minutes reflect an optimistic outlook towards international and domestic economic conditions, high levels of household debt and weak wages growth were noted as “likely to be constraining influences” on the decision to hold the cash rate.

Home Loans18 Oct 2017• 3 min read

More Aussies own less of their homes

The number of Australian mortgage-holders with little or no real equity in their properties has grown over the past 12 months, according to figures from Roy Morgan Research, placing them at considerable risk if they must sell or prices decline.

Home Loans16 Oct 2017• 3 min read