Home Loan News
The latest home loans mortgage news and tips
RBA cash rate held again, housing prices continue to skyrocket
The Reserve Bank of Australia has held the cash rate at a record-low of 0.10 per cent again, meanwhile national property prices grew at the fastest recorded rate since 2003 in February.
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Through the roof: home lending hits new highs
The mortgage market has broken even more records today, with the value of new home lending hitting an all-time high.
Bank of Queensland to acquire ME Bank, pushes to compete with big four
Bank of Queensland has revealed a $1.325 billion deal to purchase ME Bank in an effort to compete with the big four banks and “balance out” its presence on the east coast.
“Encouraging sign of recovery”: Just 9% of bank loan deferrals still outstanding
As automatic loan deferrals offered by Australia’s biggest banks come to an end, new figures show that 91 per cent of all loans that were deferred have resumed repayments.
Home buying intentions increase as property prices tipped to rise
Home buying spending intentions are continuing to rise in 2021, according to the latest Household Spending Intentions Series by CommBank. Meanwhile, housing prices across Australia have been tipped to rise around 14 per cent in the next two years.
Australia’s lowest 2-year fixed rate now comes with $3K+ cashback
Home loan cashback deals are heating up again, with international bank, HSBC, today offering a $3,288 cashback to refinancers on its fixed and variable rate loans.
Some of the best owner occupier home loans for February 2021
With Australia’s cash rate predicted to sit on hold at just 0.10 per cent for at least the next few years, RateCity analysis indicates that we may be looking at the bottom of the cycle when it comes to home loan interest rates.
Home loans hit a new record low of 1.69%
Greater Bank has today claimed the new lowest home loan rate in Australia – 1.69 per cent, fixed for 1 year.
Home loan cashback deals for February 2021
If you’re on the path of greater financial health this year, you may be considering refinancing your home loan. And in February, there are a range of home loan cash back deals up for grabs for refinancers.
How refinancing your home loan could save you big
In a time when every dollar counts for household budgets, it’s no surprise so many Australians are looking to get a little breathing room from their mortgage repayments. Let’s take a look at just how refinancing may help your finances in 2021.