Home Loans Mortgage News

Home lending hits the record books for six with $24 billion in loans

Australia’s home lending market has smashed yet another record, with the value of new home loans approved in November hitting a new high of $23.96 billion.

Australia sees highest number of first home buyers since the GFC

In November 2020, Australia saw its highest number of owner occupier first home buyer loan commitments since October 2009, according to the Australian Bureau of Statistics (ABS).

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House rental prices rise, unit rental prices fall hard across country

The gap between house and unit rental prices has grown over the December quarter, according to the latest data from Domain’s December Rental Report.

Fintech WLTH launches home loan offering

Brisbane-based fintech startup, WLTH, has entered the home loan market, offering Australians a digital-only application process and low-rate launch offer.

Metropolitan and regional housing supply ‘simply not enough’: REINSW

While the New South Wales property market experienced a rush of activity in the lead up to Christmas, the state’s peak industry body expects it to strengthen further once auction season resumes later this month.

Home loan cashback deals for January 2021

There are a range of home loan cashback deals on offer this month, with the majority targeting refinancers. If you’ve been considering refinancing to a new home loan lender, 2021 may be the time to strike.

Some of the best home loans for owner occupiers in January 2021

Could 2021 be the year you buy your first home? Or are you overdue to refinance the mortgage on your home? In any case, you’ll want a home loan that suits your needs.

What would negative interest rates mean for your finances?

And as a Denmark bank announces that it is now offering 20-year home loans at zero per cent interest, you may be wondering what would a negative interest rate environment look like in Australia?

Regional house prices outperform capital cities following a decade of underperformance

New figures have revealed that despite challenges earlier in the year, the Australian housing market built momentum through the end of 2020, with regional housing values leading the charge.

JobKeeper payments reduced from today

Payments from the Australian government’s JobKeeper subsidy are being slashed from today, and are scheduled to disappear altogether at the end of March. This could see pay packets shrinking for some Australians, affecting their ability to apply for new loans or make the repayments of existing loans.

Tips for renovating your home this new year

Taking some time off over the Christmas and new year holidays? Maybe you could use this time to actually follow through on those plans you’ve had for ages to renovate or fix up your home. Whether you’re looking to increase your property’s value, or improve your own quality of life, here are a few general tips to consider when you’re looking into renovating.

Budget busters: three simple ways to save up to $4K in 2021

Start the New Year with more money in your pocket by making three simple changes to your budget in 2021.