Home Loan News
The latest home loans mortgage news and tips
Big bank predicts further 21% growth in Sydney house prices
One of Australia’s biggest banks, NAB, has revealed a new 2021 property growth forecast for Sydney, lifting its previous May estimate of 17% to 21.6%.
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Household impacts of COVID-19: ABS
New survey results from the ABS into the household impacts of COVID-19 show how Aussies expected their household income to change over the next 12 months, and how they plan to save and/or spend these funds
Lockdown bank relief: what’s on offer for you?
With lockdown restrictions now in place across NSW, Victoria and South Australia, the country's banks have rolled out extra support to affected customers.
Some of the best investor home loans in July 2021
Recent statistics show that home lending recently hit an all-time high. But it wasn’t owner occupiers and first home buyers driving these figures – rather, it was investors and refinancers.
Aussie fintech launches unique campaign to challenge ‘outdated’ approach to home loan lending and refinancing
Australian fintech player Nano has unveiled a bold new campaign to highlight the power of technology in making the home loan process easier for customers.
APRA expects banks to prepare for negative rates
The Australian Prudential Regulation Authority (APRA) wants Australia’s authorised deposit-taking institutions (ADIs) to be prepared just in case the Reserve Bank of Australia (RBA) cuts the nation’s cash rate into negative figures. While the RBA has said in the past that negative rates are highly unlikely, the potential effects of negative rates on Australian banks and their customers mean that it’s important to think about what negative rates could mean for you.
Australia’s new lowest rate green construction loan
Online lender, loans.com.au, has today reduced interest rates on energy-efficient ‘green’ homes to 2.08%. This is now the lowest rate on a green construction loan in the market.
Some of the best home loans for owner occupiers in July 2021
Recent figures from the Australian Bureau of Statistics (ABS) show that while investor lending has skyrocketed in recent months, the value of owner-occupier lending only saw moderate month-on-month gains. What’s more, the number of owner-occupier first home buyer loans has dropped for the fourth month in a row, while the value of first home buyer lending is up, reflecting Australia’s rising property prices.
1 in 6 households can’t raise $2,000: what options do they have?
Troubling research from the ABS shows 17.5 per cent of Australian households can’t raise $2,000 in an emergency.
Home loan cashback deals for July 2021
With offers including cashback up to $4,000, waived Lenders Mortgage Insurance and bonus credit card rewards available right now, let’s explore some of the home loan deals on offer for July 2021.