Home Loans Mortgage News

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%.

CommBank releases Green Loan to mortgage holders nationwide

The Commonwealth Bank of Australia (CBA) has made its Green Loan available to all of its eligible home loan customers nationally.

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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Aussie fintech launches unique campaign to challenge ‘outdated’ approach to home loan lending and refinancing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.

Tic:Toc cuts fixed and variable home loan rates amid a slew of rises

While some lenders have begun to hike even their shorter term fixed rates, online lender Tic:Toc has announced its ‘lowest rates ever’.