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Home Loan News

The latest home loans mortgage news and tips

Kate Wick

Burdensome stamp duty costs taxing Australian home buyers

Are you taking out a home loan to purchase a property? If you're not a first-time home buyer, you might feel the sting of stamp duty.

Home Loans

31 Aug, 2014

3 min read

Burdensome stamp duty costs taxing Australian home buyers
Kate Wick

The little guys cause big bank rate war

Australia’s big banks have rolled up their sleeves and slashed fixed interest rates in a bid to steal back market share as borrowers flock to smaller banks and lenders – looking for a better deal.

Home Loans

25 Jul, 2014

3 min read

The little guys cause big bank rate war
Kate Wick

Australia's worst performing suburbs

Taking out a home loan? Don't fall into the trap of falling behind on your repayments like individuals in Budgewoi, Torquay and Melton have.

Home Loans

10 Jul, 2014

3 min read

Australia's worst performing suburbs
Kate Wick

Low interest rates improve housing affordability

There’s good news for mortgage holders and first home buyers: record low interest rates have contributed to the most favourable housing affordability conditions in 12 years, according to the Housing Industry Association (HIA).

Home Loans

02 Jun, 2014

3 min read

Low interest rates improve housing affordability
Kate Wick

First home buyers hit by budget cuts

The Federal Government has scrapped the First Home Saver Accounts scheme which is currently housing up to 46,000 active accounts and over $521 million in first home buyer’s savings.

Home Loans

14 May, 2014

2 min read

First home buyers hit by budget cuts
Kate Cowling

Mixed bag for Australia's building industry

Mining investment and strong population growth are driving the construction of new buildings in Western Australia, with the state boasting the strongest residential building industry in the country, according to a new report.

Home Loans

28 Nov, 2013

3 min read

Mixed bag for Australia's building industry
Patricia Babalis

Property predictions for 2014

It’s been quite a year for the Australian property market – with buyers out in record numbers, investors getting in on the action, prices continuing to gain momentum and record auction clearance rates contributing to a market recovery following a sluggish 2011. So what can we expect for 2014?

Home Loans

21 Nov, 2013

3 min read

Property predictions for 2014
Laine Gordon

Head of Public Relations

Rate discrepancy: borrowers overpay by thousands

The difference between the lowest variable mortgage rate and the highest rate is 2.01 percentage points, with rates ranging from 4.74 percent to 6.75 percent.

Home Loans

04 Aug, 2013

3 min read

Rate discrepancy: borrowers overpay by thousands
Laine Gordon

Head of Public Relations

Inertia costs borrowers thousands

Home loan refinancing is near its lowest level in two years at 32 percent of all loans in May. This compares with 34 percent in July 2011.

Home Loans

30 Jul, 2013

3 min read

Inertia costs borrowers thousands
Laine Gordon

Head of Public Relations

Reserve Bank Interest Rate Announcement June

June update: RBA keeps interest rates on hold

Home Loans

02 Jul, 2013

2 min read

Reserve Bank Interest Rate Announcement June
Laine Gordon

Head of Public Relations

Reserve Bank Interest Rate Annoucement May

May update: RBA cuts the cash rate to 2.75 percent

Home Loans

04 Jun, 2013

2 min read

Reserve Bank Interest Rate Annoucement May
Laine Gordon

Head of Public Relations

Borrowers rush to fix

RateCity data shows almost one third of all its home loan applications in April, and 22 percent in March, were for fixed rate mortgages. Just 16 percent of all loan applications in February were for fixed rates.

Home Loans

04 Jun, 2013

3 min read

Borrowers rush to fix