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Home Loan News

The latest home loans mortgage news and tips

Eden Radford

External Comms Lead

Household deposits continue to climb but pace is slowing

Household deposits are continuing to rise, increasing by over $7 billion in the month of October and setting yet another record high at over $1.42 trillion.

Home Loans

30 Nov, 2023

4 min read

Household deposits continue to climb but pace is slowing
Eden Radford

External Comms Lead

Drop in inflation enough to shift the RBA back into neutral over summer

October’s drop in annual inflation from 5.6 per cent to 4.9 per cent, according to the ABS’ monthly consumer price index (CPI) indicator, is likely to be enough for the RBA to shift the cash rate back into neutral over summer.

Home Loans

29 Nov, 2023

3 min read

Drop in inflation enough to shift the RBA back into neutral over summer
Vidhu Bajaj

Personal Finance Writer

Is this the right time to buy a house in Australia?

Check if you're financially ready to buy a house in Australia amidst increasing property prices and mortgage rates.

Home Loans

24 Nov, 2023

9 min read

Is this the right time to buy a house in Australia?
Eden Radford

External Comms Lead

Westpac and NAB the next big banks to hike fixed + Westpac hikes new customer variable rates

Westpac and NAB – Australia’s second and third largest lenders – have both hiked the majority of their fixed rates for both owner-occupiers and investors, in some cases by up to 0.25 percentage points.

Home Loans

24 Nov, 2023

5 min read

Westpac and NAB the next big banks to hike fixed + Westpac hikes new customer variable rates
Alex Ritchie

Personal Finance Editor

More lenders to help buyers with low deposits through Home Guarantee Scheme

More of Australia's biggest banks are now part of the Australian Government’s Home Guarantee Scheme. Westpac subsidiaries St.George, Bank of Melbourne and BankSA have joined into the scheme.

Home Loans

23 Nov, 2023

5 min read

More lenders to help buyers with low deposits through Home Guarantee Scheme
Mark Bristow

Personal Finance Editor

Queensland doubles first home owner grant – what this means for you

The Queensland state government has announced that it would be doubling the state’s first home owner grant (FHOG) from $15,000 to $30,000, in what was described as a pre-Christmas bonus. So how does this affect Queenslanders hoping to put their first foot onto the property ladder in the new year?

Home Loans

20 Nov, 2023

5 min read

Queensland doubles first home owner grant – what this means for you
Eden Radford

External Comms Lead

ANZ Plus launches app-only home loan

 ANZ Plus, the app-based platform from Australia’s fourth largest bank, ANZ, is now offering digital home loans to select customers.

Home Loans

15 Nov, 2023

4 min read

ANZ Plus launches app-only home loan
Mark Bristow

Personal Finance Editor

Some of the top-rated home loans for investors and refinancers in November 2023

Many of Australia’s banks and other mortgage lenders have already announced that they’re raising their home loan interest rates following the Reserve Bank of Australia (RBA) board’s November 2023 meeting. Homeowners and investors hoping to get a better mortgage deal may need to look beyond a home loan’s cost and consider the overall value offered by different lenders.

Home Loans

15 Nov, 2023

3 min read

Some of the top-rated home loans for investors and refinancers in November 2023
Eden Radford

External Comms Lead

CBA to lift rate on 3-year fixed mortgages in addition to variable hikes

CBA, Australia’s largest bank, will be increasing the rate on its 3-year fixed mortgages, for both owner-occupiers and investors by 0.30 percentage points, effective in two days’ time (17 November).

Home Loans

15 Nov, 2023

3 min read

CBA to lift rate on 3-year fixed mortgages in addition to variable hikes
Alex Ritchie

Personal Finance Editor

Tiimely change for Tic:Toc: rebrand for online-based mortgage provider

One of Australia’s most competitive online-based mortgage providers is rebranding. Effective as of today, 14 November, Tic:Toc will be changing to Tiimely Home.  

Home Loans

14 Nov, 2023

3 min read

Tiimely change for Tic:Toc: rebrand for online-based mortgage provider
Alex Ritchie

Personal Finance Editor

When will your bank hike your mortgage rate and how much could it cost you?

30 lenders have announced plans to increase variable home loan rates, including the Big Four Banks. Homeowners are likely wondering when they can expect this latest increase to take effect, and how much it’ll put them out-of-pocket. 

Home Loans

13 Nov, 2023

4 min read

When will your bank hike your mortgage rate and how much could it cost you?
Peter Terlato

Personal Finance Editor

How renting out a room could help pay off your mortgage

Leveraging extra space within your home can be a viable strategy for those looking to offset rising mortgage costs. However, it may be helpful to investigate the legal, financial, and practical aspects of this decision.

Home Loans

13 Nov, 2023

7 min read

How renting out a room could help pay off your mortgage