Home
Home Loans
News
Home Loan News

Home Loan News

The latest home loans mortgage news and tips

Mark Bristow

Personal Finance Editor

Cashback home loan deals in July 2024

Australians looking for a cashback deal may be running out of options, with the number of lenders offering these deals dropping to single digits. Compare the available options that suits you best.

Home Loans

05 Jul, 2024

4 min read

Mark Bristow

Personal Finance Editor

Some of the top-rated home loans in July 2024

The Reserve Bank of Australia (RBA) kept the national cash rate on hold at its June 2024 meeting, meaning most home loan interest rates are likely to also stay on hold for the time being. But with recent inflation data coming in higher than expected, there are risks that Australian homeowners may not receive rate relief until next year, and may even need to brace for a potential rate hike.

Home Loans

01 Jul, 2024

3 min read

Some of the top-rated home loans in July 2024

Mark Bristow

Personal Finance Editor

Money in the bank hits $1.48 trillion + where will ANZ sit in the pack following the ANZ-Suncorp merger?

Australians tucked an additional $6.53 billion away in the bank in May as deposits from households continued to hit record highs.

Home Loans

28 Jun, 2024

5 min read

Money in the bank hits $1.48 trillion + where will ANZ sit in the pack following the ANZ-Suncorp merger?

Mark Bristow

Personal Finance Editor

NAB says the next cash rate move will be down, not up, but not until 2025

The National Australia Bank has updated its cash rate forecast, pushing the first projected cash rate cut out by six months to May 2025.

Home Loans

27 Jun, 2024

4 min read

NAB says the next cash rate move will be down, not up, but not until 2025

Eden Radford

External Comms Lead

Monthly inflation spike puts rate hikes back on the menu

The prospect of a 14th rate hike is back on the table as the latest ABS monthly CPI indicator shot up to 4 per cent in the month of May.

Home Loans

26 Jun, 2024

6 min read

Monthly inflation spike puts rate hikes back on the menu

Eden Radford

External Comms Lead

Borrowers to bunker down with rates to stay on hold... until 2025

Borrowers should plan to bunker down for the remainder of the year under the pressure of the current cash rate of 4.35 per cent, as inflation gives the RBA little room for a rate cut this year.

Home Loans

17 Jun, 2024

6 min read

Borrowers to bunker down with rates to stay on hold... until 2025

Mark Bristow

Personal Finance Editor

What to expect from the RBA meeting in June 2024

The Reserve Bank of Australia (RBA) board is unlikely to change the cash rate at its June 2024 meeting, according to economists from some of Australia’s biggest banks. However, pressure from a variety of economic factors may force the RBA to push back previously forecast cash rate cuts until 2025.

Home Loans

14 Jun, 2024

6 min read

What to expect from the RBA meeting in June 2024

Eden Radford

External Comms Lead

Arrears on the rise despite record levels of cash in offset accounts

The total amount of money stashed in offset accounts has hit another record high of $271.72 billion, as borrowers continue to stash cash in their mortgages despite the rate hikes.

Home Loans

12 Jun, 2024

7 min read

Arrears on the rise despite record levels of cash in offset accounts

Eden Radford

External Comms Lead

Cash rate to remain on hold next Tuesday as ANZ pushes rate cuts into 2025

The RBA is set to leave the cash rate on hold at 4.35 per cent following its meeting next week, with ANZ today now saying it does not believe the first rate cut will come until 2025.

Home Loans

11 Jun, 2024

6 min read

Cash rate to remain on hold next Tuesday as ANZ pushes rate cuts into 2025

Mark Bristow

Personal Finance Editor

Cashback home loan deals in June 2024

Australians are running out of time to apply for some cashback deals, with Westpac’s subsidiaries withdrawing their cashback offers from the market as of the end of the month. There are still a limited number of cashback home loan deals available for refinancers and owner occupiers, making it important to compare options before deciding.

Home Loans

07 Jun, 2024

5 min read